Canara HSBC Life Insurance Share Price, Company Overview & IPO Details
Canara HSBC Life Insurance Company made a muted debut on the stock market on October 17, 2025. The Canara HSBC Life Insurance share price listed at Rs 106 on both the NSE and BSE, which was the same as its IPO issue price. After listing, the stock showed a slight gain of 2.3%.?
About Canara HSBC Life Insurance Company Ltd.
Incorporated in 2007, Canara HSBC Life Insurance is a private life insurance company jointly promoted by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings. The company offers a wide range of insurance products, including individual life insurance, group insurance, and retirement and pension solutions.?
Key Business Highlights
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Strong Growth: The company has demonstrated solid business growth, with its Value of New Business (VNB) increasing by 18% from Rs 377.6 crore in FY24 to Rs 446 crore in FY25. Its Annualised Premium Equivalent (APE) also grew at a CAGR of 11.4% between FY23 and FY25.?
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Market Position: As of March 31, 2025, Canara HSBC Life ranked third in assets under management among public sector bank-promoted life insurers in India.?
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Diverse Portfolio: The company's portfolio includes 20 individual products, 7 group products, and various riders, along with policies under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).?
Canara HSBC Life Insurance IPO & Listing Performance (October 2025)
The IPO of Canara HSBC Life, which was open from October 10 to October 14, 2025, received a modest response from investors, achieving an overall subscription of 2.29 times.?
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Listing Price: Rs 106 (at par with issue price)?
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Post-Listing Performance: The stock saw a marginal gain of 2.3% after its flat listing.?
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IPO Price Band: Rs 100 – Rs 106 per share?
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Issue Size: Rs 2,517.50 crore (entirely an Offer for Sale).?
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Subscription Status: The issue was primarily supported by Qualified Institutional Buyers (QIBs), whose portion was subscribed 7.05 times. However, the retail and non-institutional investor categories were under-subscribed at 42% and 33% respectively.?
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Listing Performance: The flat debut was slightly below expectations, as the grey market premium (GMP) of around Rs 2-3 had suggested a marginal listing gain of 2-3%.?
Use of IPO Proceeds
The IPO was entirely an Offer for Sale (OFS), with promoters Canara Bank and HSBC Insurance, along with investor Punjab National Bank, offloading their shares. As a result, the company did not receive any proceeds from the public issue. The main objective of the listing was to enhance brand visibility and provide liquidity to the existing shareholders.?
Financial Highlights
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Value of New Business (VNB) (FY25): Rs 446 crore, with a VNB margin of 19%.?
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Annualised Premium Equivalent (APE) (FY25): Rs 2,339.4 crore.?
What You Can Find on This Company Page
This page is your complete resource for all information related to Canara HSBC Life Insurance Company Ltd. Here’s what you can access:
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Live Canara HSBC Life Insurance Share Price: Track real-time price movements and analyse historical performance with charts.
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IPO and Listing Details: Get all the information about the IPO, including the price band, subscription details, and listing day performance.
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In-Depth Financial Analysis: Access detailed financial statements and key ratios.
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Shareholding Pattern: Get a clear picture of the company's ownership structure.
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Latest News and Corporate Actions: Stay informed about the latest company announcements and other market-moving news.
Frequently Asked Questions (FAQs) about Canara HSBC Life Insurance Share Price
Q1: What was the listing price of Canara HSBC Life Insurance?
The shares listed at Rs 106 on both the NSE and BSE, the same as the IPO issue price.?
Q2: How was the investor response to the Canara HSBC Life Insurance IPO?
The IPO was subscribed 2.29 times, with strong demand from institutional investors but a muted response from retail and non-institutional investors.?
Q3: What does Canara HSBC Life Insurance do?
The company is a private life insurer offering a wide range of individual and group insurance products, as well as retirement solutions.?
Q4: What was the issue size and structure of the Canara HSBC Life Insurance IPO?
The IPO was an Offer for Sale of Rs 2,517.50 crore. The company did not raise any fresh capital from the issue.