IPO Issue Details
Issue Price / Price Band₹106 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size140 Shares per Lot
Total Issue Size23,75,00,000 shares (aggregating up to ₹2,517.50 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenNot Available
Subscription CloseNot Available
Basis of Allotment~6 days after close
Initiation of Refunds~7 days after close
Credit of Shares to Demat~7 days after close
Listing DateFri, 17 Oct 2025
UPI Mandate Deadline2025-10-14
Application & Investment Details
Retail — Min (1 Lots)₹14,840 — 140 shares
Retail — Max (13 Lots)₹192,920 (13 Lots)
HNI — Min (3 Lots)₹44,520 — 420 shares
QIB Quota49.67% of Issue
NII / HNI Quota14.90% of Issue
Retail Quota34.77% of Issue
EPS (Pre-IPO)₹1.23
EPS (Post-IPO)₹0.99
P/E Ratio (Pre-IPO)86.08x
P/E Ratio (Post-IPO)107.53x
Pre-IPO Promoter Holding95,00,00,000 shares
Post-IPO Promoter Holding95,00,00,000 shares
About Canara HSBC Life Insurance Co.Ltd
Canara HSBC Life Insurance Co.Ltd is proposing an Initial Public Offering (IPO) on the NSE SME platform under the SME category.
The total issue size is 23,75,00,000 shares (aggregating up to ₹2,517.50 Cr).
The IPO subscription opens on the announced date and closes on the announced date. Listing is expected on 17 Oct 2025.
Investors can apply through ASBA or UPI via their broker app.
Shareholding & Lock-in
Pre-IPO Promoter Holding
95,00,00,000 shares
Post-IPO Promoter Holding
95,00,00,000 shares
IPO Subscription Status
Listed on 17 Oct 2025
Final subscription figures recorded below
UPI Mandate Deadline: 2025-10-14
Important Dates
Subscription OpensTo be announced
Subscription ClosesTo be announced
Basis of Allotment~6 days after close
Listing DateFri, 17 Oct 2025
UPI Mandate Deadline2025-10-14
Lot Size & Investment Table
| Application | Lots | Shares | Amount |
|---|
| Retail (Min — 2 Lots) |
2 |
280 |
₹29,680 |
| Retail (Max — 13 Lots) |
13 |
1,820 |
₹192,920 |
| S-HNI (Min — 14 Lots) |
14 |
1,960 |
₹207,760 |
| S-HNI (Max — 66 Lots) |
66 |
9,240 |
₹979,440 |
| B-HNI (Min — 67 Lots) |
67 |
9,380 |
₹994,280 |
* Issue Price ₹106 × Lot Size 140 shares
Company Financials — Restated Consolidated
(Amount in ₹ Crore)
| Particulars |
30 Jun 2025 |
31 Mar 2025 |
31 Mar 2024 |
| Revenue from Operations |
42.35 |
234.01 |
240.88 |
| EBITDA |
31.28 |
149.91 |
146.56 |
| Profit After Tax (PAT) |
23.41 |
116.98 |
113.32 |
| Net Worth |
1540.28 |
1516.86 |
1418.88 |
| Total Assets |
44047.98 |
41852.09 |
37815.80 |
| Reserves & Surplus |
590.28 |
566.86 |
468.88 |
| Total Borrowings |
Not Available |
Not Available |
Not Available |
| EBITDA Margin (%) |
Not Available |
— | — |
| PAT Margin (%) |
Not Available |
— | — |
Key Ratios & Valuation
Issue Price₹106
Face Value₹10.00 Per Share
Price / Book Value (P/BV)6.64
Return on Equity (RoE)7.71%
Return on Capital Employed (RoCE)7.97%
Return on Net Worth (RoNW)Not Available
PAT Margin (%)Not Available
EBITDA Margin (%)Not Available
Debt / Equity RatioNot Available
Issue Structure & Shareholding
Total Shares Offered23,75,00,000 (100.00%)
Net Offer to PublicNot Available
Reserved for Market MakerNot Available
Pre-Issue Promoter Holding95,00,00,000 shares
Post-Issue Promoter Holding95,00,00,000 shares
Script CodeNot Available
Objects of the Issue
Canara HSBC Life Insurance Co.Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI:
Issue Composition & Shareholding
Issue TypeBookbuilding IPO
Sale TypeOffer For Sale
Total Shares Offered23,75,00,000 (100.00%)
Net Offer to PublicNot Available
Reserved for Market MakerNot Available
Pre-Issue Promoter Holding95,00,00,000 shares
Post-Issue Promoter Holding95,00,00,000 shares
