The allotment process for Canara HSBC Life Insurance IPO of ₹2517.50 crores is expected to be on Wednesday, October 15, 2025. The IPO’s subscription closed on October 14, 2025. Bidding for the IPO took place between October 10, 2025, and October 14, 2025. Shares were priced between ₹100 and ₹106 per share.
The IPO of Canara HSBC Life Insurance consisted of an offer for sale. As of October 14, 2025, the IPO was subscribed 5.50 times by QIBs, 0.27 times by NIIs and 0.38 times by retail investors.
(As on 14th Oct’25, 5:00 PM)
| Date | QIB (Ex Anchor) | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | EMP | Total |
|---|---|---|---|---|---|---|---|
Day 1 | 0.03 | 0.05 | 0.02 | 0.11 | 0.14 | 0.47 | 0.09 |
Day 2 | 0.32 | 0.14 | 0.07 | 0.27 | 0.28 | 1.17 | 0.27 |
Day 3 | 7.05 | 0.33 | 0.28 | 0.44 | 0.42 | 2.06 | 2.30 |
| Canara HSBC Life Insurance IPO | Subscription Rate |
|---|---|
Non-Institutional (HNI) | 0.24x |
Employees | 1.64x |
Qualified Institutions | 2.95x |
Retail | 0.36x |
Total Subscription | 1.08x |
Canara HSBC Life Insurance is in demand as we have seen in all the categories that subscribed fully.
You can check Canara HSBC Life Insurance IPO allotment status through the following methods:
The National Stock Exchange (NSE) has an IPO bid verification module. You can use it to check the status of Canara HSBC Life Insurance Ltd. Go to the NSE website and find the 'Invest' tab. Click on 'Verify IPO Bids' under 'Resources & Tools'. On the NSE IPO Bid Verification page, enter:
Then click 'Submit' to know the allotment status. Make sure to keep your PAN/Application Number/DP ID ready while checking allotment status.
How much money did Canara HSBC Life Insurance raise from Anchor Investors?
Canara HSBC Life Insurance raised ₹750 crores from anchor investors.
If you are allotted the Canara HSBC Life Insurance shares on Oct 15, 2025, the allotment day, the shares will be credited to your demat account on Oct 16, 2025. The money that was blocked for them will be debited from your linked bank account. Once you receive the shares, you can trade them or sell them after they are listed on Oct 17, 2025, on NSE or BSE.
If you didn’t receive allotment:
The shares of Canara HSBC Life Insurance are expected to be listed on BSE and NSE on or about October 17, 2025. You can track listing gains/losses on Kotak Securities.
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
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