24 Oct 2025

"Canara HSBC Life Insurance Company Proposes ₹2,515 Crore IPO with Legal Guidance from S&R Associates, TT&A, Trilegal, and Linklaters"

"Canara HSBC Life Insurance Company has announced a proposed initial public offering (IPO) of 237.5 million equity shares, totaling approximately ₹2,515.95 crore. S&R Associates is advising the company on the IPO, while TT&A is advising HSBC Insurance (Asia-Pacific) Holdings Limited, one of the selling shareholders. Trilegal is serving as legal counsel for the book running lead managers involved in the transaction. Canara HSBC is a private life insurer in India, backed by Canara Bank and HSBC Insurance."

In a recent transaction involving Canara HSBC Life Insurance Company, several law firms played key roles. S&R Associates advised Canara HSBC Life Insurance Company on its proposed initial public offering (IPO), while TT&A provided counsel to HSBC Insurance (Asia-Pacific) Holdings Limited, one of the selling shareholders. Trilegal acted as legal advisors to the syndicate of book running lead managers, and Linklaters served as the international legal counsel for the BRLMs. The transaction involves Canara HSBC Life Insurance Company proposing an IPO that includes an offer for sale of 237,500,000 equity shares, amounting to ₹2,515.95 crore. This offering positions the company as a significant player in the Indian life insurance market, backed by Canara Bank and HSBC Insurance. The legal teams involved in this transaction include: **S&R Associates:** - Sandip Bhagat (Partner) - Juhi Singh (Partner) - Shiv Bhargava (Counsel) - Akshaya Rengan (Associate) - Ayushi Shrivastava (Associate) - Utkarsh Mani Tripathi (Associate) - Shivesh Didwania (Associate) - Prateek Sharma (Counsel, advised on corporate and insurance matters) - Sourav Kumar (Associate, advised on corporate and insurance matters) **TT&A:** - Abhinav Kumar (Partner) - Kunal Thakore (Partner) - Deepa Christopher (Partner) - Shubham Sancheti (Managing Associate) - Abhishek Iyer (Associate) - Pranav Kandada (Associate) **Trilegal:** - Richa Choudhary (Partner) - Maitreya Rajurkar (Counsel) - Sanya Chaudhari (Senior Associate) - Shivayana Balodia (Senior Associate) - Siddhant Mishra (Associate) - Deepanshu Agarwal (Associate) - Yatin Shikarpuri (Associate) **Linklaters:** - (No specific lawyers mentioned in the press release) This collaboration among prominent law firms underscores the complexity and significance of the IPO in the Indian financial landscape.
Read the full story

Register for free to access daily news.

Register Free
We use cookies to improve your experience, analyze traffic, and serve targeted ads. Read our Cookie Policy.

Cookie Preferences

Customize your cookie settings. Necessary cookies are always enabled.

Strictly Necessary

Required for the website to function (e.g. login, security).

Analytics & Statistics

Help us understand how visitors interact with the website.

Marketing & Ads

Used to deliver relevant ads and track effectiveness.