| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹2517.50 Cr |
| Offer for Sale | ₹2517.50 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน100.00-106.00 per share |
| Discount | Employee: 10.00 |
| BSE Code | 544583 |
| NSE Code | CANHLIFE |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | JM Financial Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
| Anchor List |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 140 shares and in multiples thereof
Incorporated in 2007, Canara HSBC Life Insurance Company Limited is a private life insurance company in India, jointly promoted by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited.
Key Business Verticals:
Canara HSBC Life Insurance offers a portfolio comprising 20 individual products, 7 group products, and 2 optional riders, along with policies under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). The company recorded the third-highest individual weighted premium income (WPI) among bank-led insurers between Fiscal 2021 and 2025.
Distribution Channels:
Bancassurance remains the company’s core channel, with access to over 15,700 branches across India. The partnership with Canara Bank alone provides a gateway to 117 million customers through 9,849 branches (as of Mar 31, 2025).
Competitive Strenghts
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 44,047.98 | 41,852.09 | 37,815.80 | 30,548.89 |
| Total Income | 42.35 | 234.01 | 240.88 | 261.59 |
| Profit After Tax | 23.41 | 116.98 | 113.32 | 91.19 |
| EBITDA | 31.28 | 149.91 | 146.56 | 118.82 |
| NET Worth | 1,540.28 | 1,516.86 | 1,418.88 | 1,353.07 |
| Reserves and Surplus | 590.28 | 566.86 | 468.88 | 403.07 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 7.71% |
| RoNW | 7.97% |
| Price to Book Value | 6.64 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 1.23 | 0.99 |
| P/E (x) | 86.08 | 107.53 |
| Promoter Holding | 77% | 62% |
| Market Cap | โน10070.00 Cr. | |