Canara HSBC Life Insurance Company ipo date, Share Price Target Tomorrow, 2025, 2026, 2030
Canara HSBC Life Insurance Company is a private life insurance company. It is owned by Canara Bank and HSBC Insurance. Earlier, Punjab National Bank was also part of the company, but it has now left. The company provides different types of insurance, such as term insurance, savings and endowment plans, retirement plans, credit life and protection plans, and unit-linked insurance with various fund options. It sells its products mostly through Canara Bank and HSBC branches across India, and also through online platforms and direct sales.
- 1 What is Canara HSBC Life Insurance Company Ltd IPO?
- 2 Canara HSBC Life Insurance IPO Details
- 3 Canara HSBC Life Insurance Share Price Target Tomorrow (Listing day price)
- 4 Canara HSBC Life Insurance Share Price Target 2025
- 5 Canara HSBC Life Insurance share price Target 2026
- 6 Share price Target 2027
- 7 Share price Target 2028
- 8 Share price Target 2029
- 9 Canara HSBC Life Insurance share price Target 2030
- 10 Share price Target 2040
- 11 Share Price Target 2050
- 12 Should I buy Canara HSBC Life Insurance stock?
- 13 Canara HSBC Life Insurance earnings results (Financials)
- 14 Is Canara HSBC Life Insurance stock good to buy? (bull case & bear case)
- 15 Canara HSBC Life Insurance IPO Promoter Holding
- 16 Objects of the Issue (Canara HSBC Life Insurance IPO Objectives)
- 17 Canara HSBC Life Insurance ipo gmp
- 18 Conclusion
- 19 FAQs
What is Canara HSBC Life Insurance Company Ltd IPO?
Canara HSBC Life Insurance Company was established in 2008 in Gurugram, Haryana, and is owned by Canara Bank and HSBC Insurance. It is a leading private life insurance company in India. The company provides many types of insurance, such as term insurance, ULIPs (unit-linked insurance plans), endowment and money-back plans, whole life and retirement plans, group insurance, and extra rider benefits. It also takes part in government insurance schemes like PMJJBY. The company sells its products through Canara Bank branches, online platforms, direct sales, and partners like brokers and corporate agents.
Canara HSBC Life Insurance IPO Details
| IPO Date | October 10, 2025 to October 14, 2025 |
| Listing Date | 17 Oct 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹100 to ₹106 per share |
| Minimum Investment | ₹14000 |
| Lot Size | 140 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 95,00,00,000 shares |
| Share Holding Post Issue | 95,00,00,000 shares |
The company is financially strong, it has very little debt and a good track record of paying dividends, showing it shares profits with its shareholders. Its sales and investments have grown steadily, though profits compared to shareholder funds are moderate. Some of its earnings come from other sources, but overall, the company uses its resources well.
| Day | Minimum Price (Rs) | Maximum Price (Rs) |
| Tomorrow | -12 | +37 |
The company gets strong support from its owner’s bank, which makes it financially strong and trusted in India. Partnering with Canara Bank, one of the biggest public banks in the country, has helped the company build a reliable brand. This support shows in happy customers, policies being renewed regularly, and fast claims settlements. In 2025, its share price target would be ₹230, as per stock market analysts.
According to stock market analysts, its share price would be between ₹68 to ₹230 in 2025.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 68 | 230 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| October | 80 | 139 |
| November | 68 | 182 |
| December | 135 | 230 |
The company sells its insurance in many ways, including through banks, brokers, corporate agents, and online platforms. Its partnerships and regional rural banks give it access to thousands of branches and millions of customers across India. This wide network helps the company reach people in both big cities and small towns, keep costs low for getting new customers, and stay strong nationwide. It also makes it easier for the company to serve different types of customers while expanding its presence in all areas. In 2026, its share price target would be ₹413, as per stock market analysts.
Its share price would be between ₹210 to ₹413 in 2026, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 210 | 413 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 210 | 272 |
| February | 217 | 284 |
| March | 220 | 297 |
| April | 224 | 303 |
| May | 235 | 317 |
| June | 237 | 328 |
| July | 242 | 337 |
| August | 247 | 340 |
| September | 260 | 357 |
| October | 266 | 375 |
| November | 288 | 384 |
| December | 300 | 413 |
The company has been increasing its premium income and the funds it manages, showing steady business growth. The company uses its sales channels and technology efficiently to work smoothly. It keeps its costs low compared to the premiums it earns, which helps make better use of resources. Its growing overall business value shows the company is becoming stronger and more valuable over time. In 2027, its share price target would be ₹620, as per stock market analysts.
According to stock market analysts, its share price would be between ₹380 to ₹620 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 380 | 620 |
The company offers many types of insurance, including individual and group plans, extra add-on benefits, and government schemes like PMJJBY. These products help people with protection, savings, and retirement, and are made to suit different needs at different stages of life. With flexible choices, multiple plans, and different fund options in unit-linked products, the company can meet the needs of different customers. In 2028, its share price target would be ₹841, as per stock market analysts.
Its share price would be between ₹600 to ₹841 in 2028, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 600 | 841 |
The company uses technology to work more efficiently and manage risks well. It uses artificial intelligence, machine learning, and data analysis to automate processes, predict customer needs, and keep customers happy. Digital tools make it faster and easier to issue policies, handle payments, and process claims, reducing manual work and improving service. This technology helps the company make quick and accurate decisions, grow smoothly, and maintain high efficiency and good customer satisfaction as it serves more people. In 2029, its share price target would be ₹1065, as per stock market analysts.
According to stock market analysts, its share price would be between ₹818 to ₹1065 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 818 | 1065 |
The company’s profits have been growing. Its after-tax earnings are increasing, meaning it can earn well from its business and investments. By using resources wisely and keeping expenses under control, the company stays stable and can continue to grow. With support from its owners, a variety of insurance products, a wide sales network, and a focus on technology, the company has a strong and reliable business that can keep growing and provide value to both customers and investors. In 2030, its share price target would be ₹1345, as per stock market analysts.
Its share price would be between ₹1027 to ₹1345 in 2030, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 1027 | 1345 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1027 | 1113 |
| February | 1039 | 1122 |
| March | 1052 | 1152 |
| April | 1044 | 1160 |
| May | 1050 | 1167 |
| June | 1062 | 1175 |
| July | 1064 | 1190 |
| August | 1073 | 1200 |
| September | 1085 | 1210 |
| October | 1102 | 1233 |
| November | 1120 | 1250 |
| December | 1140 | 1345 |
The company now uses smart systems to issue policies and process claims automatically. This helps finish work faster and reduces waiting time for customers. Because of this, customers get quick and smooth service. The company makes sure that people get easy, fast, and reliable support whenever they need it, giving them a better overall experience by using modern technology. In 2040, its share price target would be ₹3457, as per stock market analysts.
According to stock market analysts, its share price would be between ₹3130 to ₹3457 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 3130 | 3457 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 3130 | 3267 |
| February | 3162 | 3280 |
| March | 3164 | 3300 |
| April | 3170 | 3312 |
| May | 3180 | 3330 |
| June | 3204 | 3352 |
| July | 3226 | 3374 |
| August | 3254 | 3390 |
| September | 3274 | 3411 |
| October | 3290 | 3455 |
| November | 3325 | 3471 |
| December | 3358 | 3457 |
The company plans to offer different types of insurance and use more ways to sell its products. This will help it earn more profits and stay strong in the insurance market. Along with business growth, the company also cares about the environment and society. It supports community programs and eco-friendly projects, showing that it wants to do business in a fair and responsible way while creating long-term value for everyone. In 2050, its share price target would be ₹7795, as per stock market analysts.
Its share price would be between ₹7347 to ₹7795 in 2050, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 7347 | 7795 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 7347 | 7470 |
| February | 7371 | 7484 |
| March | 7388 | 7510 |
| April | 7411 | 7530 |
| May | 7430 | 7550 |
| June | 7437 | 7562 |
| July | 7452 | 7584 |
| August | 7480 | 7610 |
| September | 7472 | 7631 |
| October | 7522 | 7650 |
| November | 7553 | 7682 |
| December | 7611 | 7795 |
Should I buy Canara HSBC Life Insurance stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 68 | 230 |
| 2026 | 210 | 413 |
| 2027 | 380 | 620 |
| 2028 | 600 | 841 |
| 2029 | 818 | 1065 |
| 2030 | 1027 | 1345 |
| 2040 | 3130 | 3457 |
| 2050 | 7347 | 7795 |
It has been earning steady profits, increasing its premium collections, and managing its assets well. Its large bank network helps it reach many customers, and its use of technology and new products adds to its strength. However, it still depends a lot on bank partnerships for sales and faces strong competition from other private insurance companies. Overall, it can be a good long-term choice for investors who can handle moderate risk, but short-term returns might be small.
Canara HSBC Life Insurance earnings results (Financials)
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 3,074 | 9,253 | 8,496 | 8,435 | 11,842 |
| Expenses + | 3,059 | 9,323 | 8,726 | 8,471 | 11,812 |
| Operating Profit | 15 | -71 | -230 | -36 | 30 |
| OPM % | 0% | -1% | -3% | -0% | 0% |
| Other Income + | 104 | 184 | 256 | 155 | 117 |
| Interest | 6 | 6 | 0 | 0 | 0 |
| Depreciation | 8 | 13 | 17 | 19 | 23 |
| Profit before tax | 105 | 95 | 10 | 100 | 124 |
| Tax % | 0% | 0% | 0% | 9% | 9% |
| Net Profit + | 105 | 95 | 10 | 91 | 113 |
| EPS in Rs | — | — | — | — | — |
| Dividend Payout % | 0% | 0% | 278% | 31% | 17% |
Is Canara HSBC Life Insurance stock good to buy? (bull case & bear case)
Bull Case:
- Between FY2023 and FY2025, its gross written premium grew from ₹8,435 crore to ₹11,842 crore, showing steady growth.
- The company’s net profit rose from ₹91 crore in FY2023 to ₹113 crore in FY2025, reflecting improving profitability.
- Its assets under management (AUM) increased to ₹43,639.50 crore by June 2025, indicating more funds under investment and growth potential.
- It maintains a high claim settlement rate of 99.38%, building customer trust and policy retention.
- Operational efficiency is strong, with an operating expense to premium ratio of 14.09%, showing disciplined cost management.
Bear Case:
- Competition in the private life insurance market is intense, with players like HDFC Life, ICICI Prudential, and SBI Life offering similar products.
- Return on Equity (ROE) is moderate at 8.18%, which is lower than some larger peers, suggesting profitability could improve.
Canara HSBC Life Insurance IPO Promoter Holding
Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited are the company promoters.
| Promoter Holding Pre-Issue | 77.00% |
| Promoter Holding Post Issue | — |
Objects of the Issue (Canara HSBC Life Insurance IPO Objectives)
- To sell up to 237,500,000 shares of ₹10 each by the existing shareholders, raising a certain amount.
- To get the advantages of having the company’s shares listed and traded on the stock exchanges.
Canara HSBC Life Insurance ipo gmp
| Date | IPO GMP | Gain |
| 8 Oct | ₹14 | 13.20% |
Conclusion
The company is a leading private life insurance company in India. It offers different types of insurance like term plans, ULIPs, retirement plans, and government schemes, and sells them through banks, online platforms, and direct channels. The company is growing steadily in premiums, assets, and profits, with quick claim settlements and efficient operations, showing it is financially strong.
