Insurance - Listed on 17 October 2025
Canara HSBC Life Insurance (Insurance) closed its IPO window in 2025 and listed on NSE and BSE on 17 October 2025 at an upper band issue price of Rs 106, opening at Rs 106 for a listing gain of 0.0% and closing day one at Rs 111.42 (+5.1% on closing basis). The IPO was subscribed 2.29x overall - QIB 7.05x, HNI/NII 0.33x, Retail 0.42x. The total issue size was Rs 2,517.5 Cr (Fresh Issue Rs 0 Cr, OFS Rs 2517.5 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Insurance
Canara HSBC Life Insurance operates in the Insurance space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The Canara HSBC Life Insurance issue was offered at an upper price of Rs 106 and raised approximately Rs 2,517.5 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 0 | 0.00% |
| Day 2 | Rs 0 | 0.00% |
| Day 3 | Rs 0 | 0.00% |
| Day 4 | Rs 0 | 0.00% |
| Day 5 | Rs 0 | 0.00% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the Canara HSBC Life Insurance IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Canara HSBC Life Insurance IPO listed at 0.0% versus the upper issue price of Rs 106 on 17 October 2025.
Canara HSBC Life Insurance IPO was subscribed 2.29x overall. QIB portion was subscribed 7.05x, HNI / NII 0.33x and Retail 0.42x.
IPO GMP started at Rs 0 on Day 1 and moved to Rs 0 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.