Canara HSBC Life Insurance Company Limited IPO

Canara HSBC Life Insurance Company Limited IPO

₹ 100 / 140 Shares Shares
Minimum Investment

Canara HSBC Life Insurance Company Limited IPO

Open Date

10 Oct 2025

Close Date

14 Oct 2025

Lot Size

140.00

Min. Investment

₹ 100

Issue Price

₹ 100-106

Listing Date

17 Oct 2025

Issues Size

23,75,00,000 shares(aggregating up to ₹2517.5 crore)

Face Value

₹10 Per Equity Share

Total Shares Offered

140 Shares

Offered To Public

140 Shares

Canara HSBC Life Insurance Company Limited IPO

Established in 2007, Canara HSBC Life Insurance Company Limited is a private life insurance company in India, promoted jointly by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited. Canara HSBC Life Insurance has a portfolio that includes 17 individual products, 7 group products, and 2 optional riders, as well as policies under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). Between Fiscal 2021 and 2024, the company registered the third-largest individual weighted premium income (WPI) among bank-led insurers. The organization has made good strides in digitalization by partnering with internet platforms such as Policybazaar and Robinhood Insurance. During April to December 2024, nearly 72% of online policy applications were processed automatically without any manual intervention, and over 99% were carried out online. Distribution Channels: Bancassurance (including Canara Bank, HSBC, 8 Regional Rural Banks, Dhanlaxmi Bank) Brokers and Corporate Agents Direct Sales and Online Platforms Bancassurance is still the core channel of the company with access to more than 15,700 branches spread all over India. Canara Bank tie-up alone has an access to 117 million customers via 9,816 branches as on December 31, 2024

Founded In

2007

Managing Director

Anuj Dayal Mathur

Parent Organization

Canara HSBC Life Insurance Company Limited IPO

Application Details of Canara HSBC Life Insurance Company Limited IPO

Apply as Price Range Apply Upto
Retail (min) ₹ 100-106 ₹14,840
Retail(max) ₹ 100-106 ₹1,92,920
SHNI(min) ₹ 100-106 ₹2,07,760
SHNI(max) ₹ 100-106 ₹9,94,280
BHNI(min) ₹ 100-106 ₹10,09,120

For Canara HSBC Life Insurance Company Limited IPO

ksquare

Open On15 Oct 2025

Close On17 Oct 2025

Price Range₹1014-1065

ksquare

Open On10 Oct 2025

Close On14 Oct 2025

Price Range₹ 120-127

ksquare

Open On10 Oct 2025

Close On14 Oct 2025

Price Range₹ 66

ksquare

Open On30 Sep 2025

Close On14 Oct 2025

Price Range₹ 88 - ₹ 91

ksquare

Open On10 Oct 2025

Close On14 Oct 2025

Price Range₹ 100-106

ksquare

Open On09 Oct 2025

Close On13 Oct 2025

Price Range₹ 253-266


Testimonial

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FAQ's

Frequenlty Asked Question

Will I still earn returns on pledged mutual funds?

Yes, your mutual fund units continue to generate returns even while they are pledged for a loan.

Does KSquare assist with KYC for NRI clients?

Yes, KSquare helps NRIs complete the KYC process digitally, making onboarding quick and hassle-free.

What is the minimum amount to start investing with KSquare?

NRIs can begin with as little as ₹1,000 per month depending on the investment vehicle, offering flexible entry points.

What is a Loan Against Mutual Fund (LAMF)?

A Loan Against Mutual Fund allows you to borrow money by pledging your mutual fund units as collateral without selling your investments.

Can I use LAMF for personal or business purposes?

Yes, the loan can be used for any legal personal or business need such as emergencies, education, or working capital.

What are the tax benefits of NPS?

NPS offers deductions up to ₹1.5 lakh under Section 80C and an additional ₹50,000 under Section 80CCD(1B) of the Income Tax Act.

Can I nominate someone for my NPS account?

Yes, nomination is mandatory and can be easily added or updated through your KSquare profile.

Can I repatriate funds from my investments through KSquare?

Repatriation is allowed from NRE accounts. Investments via NRO are non-repatriable beyond set RBI limits.

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