Canara HSBC Life Insurance Company

Canara HSBC Life Insurance Company stock hit a new high at ₹153 on Wednesday and has now gained 44 per cent when compared with its issue price of ₹106 per share.

Canara HSBC's debut price came in slightly below expectations in the grey market, where its unlisted shares were trading at ₹109 per share

Investors can check their allotment status on the official websites of the NSE, BSE, or through MUFG Intime India

Canara HSBC Life Insurance IPO received bids for 178.92 million equity shares against 166.7 million shares on offer, translating to a subscription of 1.07 per cent

Canara HSBC Life IPO opens today: Check price band, lot size, GMP, reviews, key dates, and other details here

The unlisted shares of Canara HSBC Life were trading at ₹116, up ₹10 or 9.5 per cent compared to the issue price of ₹106 per share

Canara HSBC Life Insurance IPO is available at a price band of ₹100 to ₹106 per share, with a lot size of 140 shares

Canara HSBC Life Insurance Co IPO is scheduled to open for subscription on Friday, October 10, 2025, and will close on Tuesday, October 14, 2025

The insurance firm, which manages more than ₹40,000 crore ($4.7 billion) in assets, did not detail the size or timing of the IPO but said it will not issue fresh shares

HSBC Insurance (Asia Pacific) Holdings Ltd (INAH), one of the shareholders in Canara HSBC OBC Life Insurance Co Ltd, has expressed its intention to acquire PNB's stake in the insurance company

While customer experience has been key, the opening of affordable insurance products will drive the future