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Canara HSBC Life IPO Subscription Day 2

Mon Oct 13 2025

Canara HSBC Life IPO Subscription Day 2

Here is the final call for the Canara HSBC Life IPO launched on 10th October 2025. The bidding for the issue will close today, on 14th October 2025. The primary aim of the Canara HSBC Life IPO is to raise ₹2,517.50 crores from the market. Also, the Canara HSBC Life IPO has received strong subscription, indicating that shares will be listed at an impressive premium. Scroll down to check the Canara HSBC Life IPO subscription and details. 

Canara HSBC Life IPO Details 

IPO Open Date10th October 2025
Face Value ₹10 per share
Price Band₹100 to ₹106 per share
Lot Size140 shares
Issue TypeBookbuilding IPO
Listing AtBSE & NSE
IPO Close Date 14th October 2025
Listing Date 17th October 2025

The price band for the Canara HSBC Life IPO has been set at ₹100.00 to ₹106.00 per share, with a total of 23,75,00,000 shares issued. Let’s segregate the share quota fixed for different categories of investors. 

Investor CategoriesShares Offered% of shares offered
QIB Shares Offered3,53,92,50049.67%
NII Shares Offered 3,53,92,50014.90%
Retail Shares Offered8,25,82,50034.77%
Employee Shares Offered15,50,0000.65%
Total Shares Offered23,75,00,000100.00%

Canara HSBC Life IPO Subscription Status

As of now, the Canara HSBC Life IPO has been subscribed to 0.25 times. Of these, 0.25 times are subscribed by retail investors, 0.12 times by non-institutional investors, and 0.30 times by QII (Qualified Institutional Investors).  

The healthy subscription status indicates that investors are expecting higher returns at the time of the Canara HSBC Life IPO listing on 17th October 2025. Canara HSBC Life’s IPO also has a positive outlook, with an offer-for-sale of 23.75 crore shares to raise around Rs 1,517.50 crores.

Canara HSBC Life IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Canara HSBC Life IPO GMP for 13th October 2025. 

The grey market premium for this IPO is 0.00% or Rs 0 per share. It indicates that the estimated listing price per share is Rs 106. Numerous factors played a pivotal role in this jump in the GMP of Canara HSBC Life’s IPO. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs. 

GMP DateIPO PriceGMPEstimated Listing Price Estimated Listing Gains
13-10-2025₹106.00₹2.00₹108.001.89%
12-10-2025₹106.00₹2.00₹108.001.89%
11-10-2025₹106.00₹2.00₹108.001.89%
10-10-2025₹106.00₹2.00₹108.001.89%
9-10-2025₹106.00₹10.00₹116.009.43%
8-10-2025₹106.00₹10.00₹116.009.43%
7-10-2025₹106.00₹14.00₹120.0013.21%
6-10-2025₹106.00₹0.00₹106.000.00%

About Canara HSBC Life IPO Ltd.

Canara HSBC Life IPO was established in 2007. Canara HSBC Life Company Limited is a private life insurance company in India, jointly promoted by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited. The company has made substantial progress toward digitalisation by partnering with online platforms, including Policybazar and Robinhood Insurance.  

Canara HSBC Life IPO Limited Financials

The company’s financial analysis is essential before applying for the IPO of Canara HSBC Life IPO Limited. Refer to the table to learn about Canara HSBC Life Insurance IPO Limited’s financials. 

Year Ended31st March 2024 (in cr.)31st March 2025 (in cr.)
Assets37,815.8041,852.09
Revenue11,755.7210,626.40
Profit After Tax75.6581.16
EBITDA146.56149.91
Net Worth1,418.881,516.86
Total Borrowing
Reserves & Surplus468.88566.86

Explanation

Canara HSBC Life IPO Limited’s revenue decreased by 10% from ₹11,755.72 crores in March 2024 to ₹10,626.40 crores in March 2025. Moreover, the company’s PAT increased by 7% from ₹75.65 crores to ₹81.16 crores. Investors can analyse other relevant factors and make a decision accordingly.

Technical Indicators

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Canara HSBC Life IPO.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) [.]
EPS (Earnings Per Share)[.]
RoNW7.97%
ROCE[.]
ROE7.71%
EBITDA Margin[.]
Price to Book Value6.64
Market Capitalisation[.]

Canara HSBC Life IPO Listing Expectations

Canara HSBC Life IPO Highlights: IPO allotment is still pending, as the bid closes today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A jump of 0.00% in the Canara HSBC Life IPO GMP suggests the estimated listing price per share will be around Rs 106.

It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation. 

Canara HSBC Life IPO Dates

IPO Open Date10th October 2025
IPO Close Date14th October 2025
Allotment15th October 2025
Refund Date16th October 2025
IPO Listing Date17th October 2025

Note: IPO GMP is volatile, driven by market sentiment. Hence, one should conduct their research before investing in it.

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Canara HSBC Life IPO IPO GMP: Day 2 IPO Live Updates