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

Published on 17/10/2025 10:05 AM

Canara HSBC Life Insurance Listing: The shares of Canara HSBC Life Insurance Company Limited will debut on the stock exchanges today, Friday, October 17, 2025, at 10:00 IST. According to details on the BSE website, the stock will list in a special pre-open session on both the BSE and NSE during Friday’s trade. The scrip has been placed under the ‘B’ Group of Securities on the BSE.

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.

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.

Market expert Anil Singhvi believes the stock could list around its issue price of Rs 106, reflecting a stable but not spectacular 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.

Senior Sub-editor at Zee Business English

shweta.shukla@India.com

Shweta Birendra Shukla is a journalist covering the stock market and corporate aff