Canara HSBC Life Insurance debuted at ₹106 on October 17, 2025, after a ₹2,517 crore share sale, with mixed demand and a later rise to ₹111.

Canara HSBC Life Insurance debuted on October 17, 2025, listing flat at its ₹106 issue price on both the BSE and NSE, following a ₹2,517 crore offer for sale by existing shareholders. The IPO, subscribed 2.3 times overall, drew strong interest from institutional investors but weak demand from retail and non-institutional bidders. The stock later rose to around ₹111, reflecting post-listing investor interest. The insurer, jointly promoted by Canara Bank and HSBC, benefits from a strong bancassurance network but will not receive proceeds from the IPO. Brokerages maintained positive long-term outlooks despite a high price-to-earnings ratio.