Canara HSBC Life Insurance Co. Ltd. has announced its initial public offering (IPO), providing investors with an opportunity to participate in one of India’s leading life insurance companies. The IPO is a book-built issue of ₹2,517.50 crore, entirely structured as an offer for sale (OFS) of 23.75 crore shares, allowing existing shareholders to partially divest their holdings.

The IPO opened for subscription on October 10, 2025, and will close on October 14, 2025. Investors can apply through both BSE and NSE platforms, with the allotment expected on October 15, 2025. The tentative listing date is set for October 17, 2025, subject to regulatory approvals.

The price band for the IPO has been fixed between ₹100 to ₹106 per share. Investors are required to adhere to minimum lot sizes when applying. For retail investors, the minimum application is 140 shares, requiring an investment of ₹14,840 based on the upper price band. Small non-institutional investors (sNII) can apply for 14 lots (1,960 shares) amounting to ₹2,07,760, while big non-institutional investors (bNII) can apply for 68 lots (9,520 shares) totaling ₹10,09,120.

The IPO is expected to attract investors due to Canara HSBC Life Insurance’s strong market presence, financial performance, and established insurance portfolio. Analysts note that the OFS structure indicates that the IPO proceeds will largely benefit existing shareholders, providing liquidity while maintaining the company’s capital structure.

Investors participating in the Canara HSBC Life IPO are advised to carefully consider the subscription window, lot sizes, and pricing details. The IPO is part of a broader trend of robust activity in the Indian IPO market in 2025, especially in financial services and insurance sectors, which have been attracting consistent investor interest.

By participating in the IPO, investors gain an opportunity to invest in a reputed life insurance company with a strong brand reputation and operational track record. With allotment expected on October 15, 2025, and tentative listing on October 17, 2025, market participants will closely watch first-day trading performance on BSE and NSE.

In conclusion, the Canara HSBC Life Insurance Co. Ltd. IPO of ₹2,517.50 crore, entirely an offer for sale, offers a significant investment opportunity for both retail and institutional investors. With a price band of ₹100–₹106, retail minimum investment of ₹14,840, and allotment and listing dates set for October 15 and 17, 2025, the IPO is a key event in India’s financial market calendar. Investors should consider lot sizes, investment amounts, and market conditions before applying, as the IPO provides exposure to one of India’s leading life insurance companies with strong growth potential.

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