Canara HSBC Life Insurance Company Ltd. has announced public offering of 237500000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 96.00 per share. The gross proceeds of the issue are expected to be Rs 2,51,750.00 lakhs.

The company's initial public offer (IPO) will open on 10 October 2025 and is expected to close on 14 October 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 100.00-106.00 per share.

The IPO includes a fresh Issue of 237500000 Equity Shares of the Company at an price of Rs 106.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 140 shares with bids in multiples of 140.

Canara HSBC Life Insurance Company Ltd. anticipates using the proceeds of the issue for .

HSBC Securities and Capital Markets (India) Privat,Motilal Oswal Investment Advisors Pvt. Ltd.,JM Financial Ltd.,SBI Capital Markets Ltd.,BNP Paribas as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.