IPO IPO-Synopsis
Canara HSBC Life Insurance Company Ltd

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Registered Office: 8th Flr Unit #.808-814 Ambadep,Bldg Kasturba Gandhi Marg , New Delhi - 110001 , Delhi , India.
Phone : +91 0124 4506 761   Fax:
Email :  investor@canarahsbclife.in  
Website :  www.canarahsbclife.com
Initial public offering of up to 237,500,000 equity shares of face value of Rs10/- each ("Equity Shares") of Canara HSBC Life Insurance Company Limited ("the Company" or the "Company" or the "Issuer") for cash at a price of Rs106 per equity share (including a securities premium of Rs96 per equity share) (the "Offer Price") aggregating up to Rs2517.50 crores through an offer for sale ("the Offer") of up to 137,750,000 equity shares of face value of Rs10/- each aggregating up to Rs1460.15 crores by Canara Bank and up to 4,750,000 equity shares of face value of Rs10/- each aggregating up to Rs50.35 crores by HSBC Insurance (Asia-Pacific) Holdings Limited (Together, the "Promoter Selling Shareholders") and of up to 95,000,000 equity shares of face value of Rs10/- each aggregating up to Rs1007.00 crores by Punjab National Bank (the "Investor Selling Shareholder and collectively with the Promoter Selling Shareholders, referred to as the "Selling Shareholders", and each individually, as a "Selling Shareholder" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale" and such equity shares, the "Offered Shares"). The offer includes a reservation of up to 1,550,000 equity shares of face value of Rs10/- each, aggregating up to Rs16.43 crores (Constituting up to [*] % of the Post-Offer Paid-up Equity Share Capital), for subscription by eligible employees (the "Employee Reservation Portion"). The company in consultation with the brlms, has offered a discount of up to [*] % to the offer price (Equivalent of Rs10.00 per Equity Share) to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". the offer and the net offer shall constitute [*] % and [*] %, respectively, of the post-offer paid-up equity share capital of the company. A discount of Rs10 per equity share is being offered to eligible employees bidding in the employee reservation portion.

Issue Money Payable On
Opens On Closes On Application Allotment
10-Oct-25 14-Oct-25 Rs106.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :140  Further Multiples of :140

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
BNP Paribas
Project Financed through Current Offer 2517.50  
Post Issue Equity Share Capital 950.00  
Issue Price Rs106.00  
Projects
Listing of Shares on the Stock exchanges
Promoted By
Canara Bank
HSBC Insurance (Asia-Pacific)
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd