Canara HSBC Life Insurance Co. Ltd. is set to initiate its ₹2,517.50 crore IPO on October 10, 2025. The company submitted its red herring prospectus on October 4, 2025. The subscription period for the public will open on October 14, 2025. This IPO consists of an Offer for Sale amounting to ₹2,517.5 crore, offering 23.75 crore shares priced between ₹100 and ₹106 from October 10 to October 14, 2025. The shares are expected to be listed on October 17, 2025, with all proceeds benefiting the current shareholders, including Canara Bank, HSBC Insurance, and Punjab National Bank, rather than the company itself.
