|
|
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Issue Open Date
|
10-Oct-25
|
|
|
|
Issue Closing Date
|
14-Oct-25
|
|
|
|
Application Money
|
100
|
|
|
|
Allotment Money
|
|
|
|
|
|
|
|
Price Band
|
100
-
106
|
|
|
|
Minimium Application No.
|
140
|
|
|
|
Issue Size (Shares)
|
166715000
|
|
|
|
Market Lot
|
1
|
|
|
|
|
|
Objective
|
|
(i) to carry out the Offer for Sale of 237,500,000^ Equity Shares of face value of ?10 each by the Selling Shareholders aggregating to ?25,159.50 million(ii) achieve the benefits of listing the Equity Shares on the Stock Exchanges.
|
|
|
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
35392500
|
11754540
|
0.33211951684679
|
|
Qualified Institutional Buyers
|
47190000
|
332894520
|
7.05434456452638
|
|
Retail Individual Investors
|
82582500
|
34323940
|
0.415632125450307
|
|
|
|
|
Business Description
We also actively engage with customers through digital channels, such as our website and mobile app, complemented by strategic alliances with brokers and corporate agents that enhance customer choices and extend our reach across India. Additionally, we have established a direct sales model, supported by a dedicated field force, ensuring personalized service and customer engagement. Furthermore, through our defense channel, we focus on armed forces personnel and their families, offering tailored insurance products designed to meet their unique needs. This segment is crucial for providing financial security to those serving in the armed forces. Our strategic approach ensures that we reach a wide audience, enhance financial inclusion and remain responsive to dynamic market needs.
|
|
|
Promoter's Holding
|
|
|
|
Total Share Capital
|
731500000
|
|
|
|
Offered to Public
|
166715000
|
|
|
|
Promoter's Holding (Pre-Issue)
|
77
|
|
|
|
Promoter's Holding (Post-Issue)
|
62
|
|
|
|
|
|
|
|
|
|
|
Address |
8th Floor
Unit No. 808-814
Ambadeep Building
Kasturba Gandhi Marg
Connaught Place
Central Delhi
New Delhi,
Delhi,
110001
Phone : 011-49512300
Email : vatsala.sameer@canarahsbclife.in
Website : www.canarahsbclife.com
|
|
|
Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
|
|
|
Listed at |
|
BSE, NSE
|
|
|
Lead Manager |
BNP Paribas
HSBC Securities and Capital Markets (India) Pvt Ltd.
JM Financial Ltd.
Motilal Oswal Investment Advisors Pvt Ltd
SBI Capital Markets Ltd
|
|
|
Promoters |
Canara Bank
HSBC Insurance (Asia-Pacific) Holdings Ltd.
|
|
