Canara HSBC Life Insurance Company Limited
Insurance
upcoming
TBAMin. investment
About Canara HSBC Life Insurance Company Limited
Issue size
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IPO type
Mainboard
SectorInsurance
IPO type
Regular
About Canara HSBC Life Insurance Company Limited
Canara HSBC Life Insurance is a private life insurance company jointly promoted by Canara Bank and HSBC Insurance Asia-Pacific Holdings. Canara Bank and HSBC Insurance hold 51% and 26% stakes, respectively, while Punjab National Bank owns the remaining 23%.
The company offers different types of life insurance products, including term plans, savings & protection plans, health riders, retirement solutions, credit‑life, and group‑employee benefit policies.
Canara HSBC Life Insurance IPO is entirely offer-for-sale (OFS) of up to 23.75 crore equity shares, with no fresh issue component. Exiting promoters are likely to pare some of their stake in the company.
Canara HSBC Life Insurance filed its DRHP for approval in April 2025. After receiving final observations from SEBI, the company is in the process of filing an updated Draft Red Herring Prospectus (UDRHP) for its IPO.
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is 'pre-apply' for Canara HSBC Life Insurance Company Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Canara HSBC Life Insurance Company Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Where is the Canara HSBC Life Insurance Company Limited getting listed?
The shares are proposed to be listed on the BSE and NSE.
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Approve the UPI mandate on your UPI app and you are all set!
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