Canara HSBC Life shares list flat on exchanges; here’s what Anil Singhvi suggests for investors

Canara HSBC Life Insurance Listing: Shares of Canara HSBC Life Insurance Company Ltd. made their market debut on Friday, October 17, 2025, listing flat at Rs 106 per share on both NSE and BSE. The IPO had a price band of Rs 100-106 per share, and the post-listing market capitalization stood at Rs 10,070 crore.

The listing comes after the IPO was subscribed 2.29 times between October 10-14, supported by strong participation from qualified institutional buyers (QIBs) and non-institutional investors (NIIs). Shares were credited to investor demat accounts on Thursday, October 16, completing the allotment and refund process for non-allottees.

The IPO allotment was finalised on Wednesday, October 15, while the credit of shares to investors’ demat accounts was completed on Thursday, October 16. Refunds for non-allottees were also processed yesterday, completing the pre-listing formalities.

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Canara HSBC Life Insurance IPO Subscription and market response

The Canara HSBC Life IPO received a cold response from investors, having 2.29 times subscription on the final day of bidding on Tuesday, October 14, as per BSE data. The qualified institutional buyers (QIBs) and non-institutional investors (NIIs) provided the most of the support, while the retail portion remained modest.

Anil Singhvi advise for investors

Market expert Anil Singhvi believed that the stock could list around its issue price of Rs 106, reflecting a stable but not spectacular debut and accordingly, the shares made a flat debut. Singhvi described the issue as one that received a “cold response” and advised risk-taking investors to apply only with a long-term view.

He added that short-term investors should keep a stop-loss below the IPO price, while long-term investors can continue to hold the stock post-listing.