Canara HSBC Life IPO to Open on October 10 | Price Band, Subscription Details & Company Insights

Market Performance:

The Canara HSBC Life IPO is set to open for public subscription from October 10 to October 14, 2025, generating significant interest in the insurance sector. Investors are watching closely as the IPO represents a major milestone for the joint venture between Canara Bank and HSBC Insurance (Asia Pacific) Holdings.

Main News:

Canara HSBC Life Insurance Company is preparing to raise funds through its IPO, offering a public subscription of Rs 2,516 crore. The IPO price band is set between Rs 100 and Rs 106 per share, with an upper-end valuation approaching Rs 10,000 crore.

• Anchor Investors Subscription: Opens on October 9 for one day.
• IPO Duration: October 10–14, 2025.
• Price Band: Rs 100 – Rs 106 per share.
• Total Public Offering Size: Rs 2,516 crore.

The IPO is structured to provide investors with a chance to participate in a strong life insurance player backed by reputable promoters. Canara Bank holds a 51% stake, while HSBC Insurance (Asia Pacific) Holdings owns 26%, indicating a robust promoter backing and strategic collaboration in the life insurance sector.

Company Details:

Canara HSBC Life Insurance has emerged as a prominent and growing player in India’s life insurance sector. The company provides a diverse range of insurance solutions for both individual and corporate clientsThe IPO proceeds are set to accelerate the company’s growth, bolster its financial strength, and enhance operational effectiveness.

• Promoters: Canara Bank (51%) & HSBC Insurance (Asia Pacific) Holdings (26%)
• Sector: Life Insurance
• IPO Purpose: Capital raise to fund growth initiatives and expansion

Summary

The Canara HSBC Life IPO presents an opportunity for investors to enter one of India’s prominent life insurance firms. With a price band of Rs 100–106 per share and a valuation nearing Rs 10,000 crore, the IPO is attracting significant attention.With the strong support of Canara Bank and HSBC, the company enjoys a robust promoter foundation. The public offering is aimed at driving growth initiatives and reinforcing its position in the competitive life insurance market.