Mumbai, October 17 (Udaipur Kiran): Canara HSBC Life Insurance made a muted debut on the Bombay Stock Exchange (BSE) on Friday, listing flat at its issue price of ₹106 per share.
Post-listing, the stock inched up and was last seen trading at ₹109.45, higher by ₹3.45 or 3.25% from its issue price. The scrip touched an intraday high of ₹111.05 and a low of ₹105.95, with about 22.24 lakh shares changing hands so far.
The company’s initial public offering (IPO), open between October 10 and October 14, 2025, was subscribed 2.30 times. The issue price was set at ₹106 per share, at the upper end of the price band of ₹100–₹106 apiece.
Canara HSBC Life Insurance is a private life insurer in India, jointly promoted by Canara Bank and HSBC Insurance (Asia-Pacific) Holdings, part of the HSBC Group. The association with these financial institutions lends the company strong brand credibility and operational trust within the insurance sector.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.