IPO Synopsis

Canara HSBC Life Insurance Company Ltd

Registered Office: 8th Flr Unit #.808-814 Ambadep,Bldg Kasturba Gandhi Marg, New Delhi - 110001, Delhi, India. Phone : +91 0124 4506 761   Fax: Email : investor@canarahsbclife.in Website :www.canarahsbclife.com

Initial public offering of up to 237,500,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Canara HSBC Life Insurance Company Limited ("the Company" or the "Company" or the "Issuer") for cash at a price of Rs. 106 per equity share (including a securities premium of Rs. 96 per equity share) (the "Offer Price") aggregating up to Rs. 2517.50 crores through an offer for sale ("the Offer") of up to 137,750,000 equity shares of face value of Rs. 10/- each aggregating up to Rs. 1460.15 crores by Canara Bank and up to 4,750,000 equity shares of face value of Rs. 10/- each aggregating up to Rs. 50.35 crores by HSBC Insurance (Asia-Pacific) Holdings Limited (Together, the "Promoter Selling Shareholders") and of up to 95,000,000 equity shares of face value of Rs. 10/- each aggregating up to Rs. 1007.00 crores by Punjab National Bank (the "Investor Selling Shareholder and collectively with the Promoter Selling Shareholders, referred to as the "Selling Shareholders", and each individually, as a "Selling Shareholder" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale" and such equity shares, the "Offered Shares"). The offer includes a reservation of up to 1,550,000 equity shares of face value of Rs. 10/- each, aggregating up to Rs. 16.43 crores (Constituting up to [*] % of the Post-Offer Paid-up Equity Share Capital), for subscription by eligible employees (the "Employee Reservation Portion"). The company in consultation with the brlms, has offered a discount of up to [*] % to the offer price (Equivalent of Rs. 10.00 per Equity Share) to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". the offer and the net offer shall constitute [*] % and [*] %, respectively, of the post-offer paid-up equity share capital of the company. A discount of Rs.10 per equity share is being offered to eligible employees bidding in the employee reservation portion. Issue Opens On Closes On 10-Oct-25 14-Oct-25 Money Payable On Application Allotment 106.00 0.00 Minimum Application for shares in Nos : 140 Further Multiples of : 140 Cr Lead Managers to the Issue Project Cost (.Cr) 0.00 BNP Paribas Project Financed through Current Offer (.Cr) 2517.50   Post Issue Equity Share Capital (.Cr) 950.00 Issue Price () 106.00

Projects

Listing of Shares on the Stock exchanges

Promoted By

Canara Bank

HSBC Insurance (Asia-Pacific)

Listing At

BSE

NSE

Registrar to the Issue

No Data Available