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Canara HSBC Life sets IPO price band at ₹100–106, targets ₹10,000 crore valuation

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Canara HSBC Life Insurance Company’s upcoming initial public offering will open with a per-share price range of ₹100–106, targeting a valuation of approximately ₹10,070 crore ($1.14 billion) at the upper pricing limit, according to Reuters calculations.

The joint venture between Canara Bank and HSBC Insurance (Asia Pacific) Holdings Limited plans to launch its ₹2,518 crore IPO for retail investors on October 10, with anchor investor subscriptions commencing on October 9.

Published on October 7, 2025

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