Canara HSBC Life Insurance made its stock market debut today, listing exactly at its issue price of ₹106.

The flat listing signals weak investor appetite in an IPO-crowded environment. 

Analysts point to crowded issuance, unattractive valuations, and overreliance on promoter business as dampeners. 

Retail and non-institutional bidding were described as lukewarm in the lead-up. 

The joint venture between Canara Bank and HSBC faces pressure to ramp up growth. 

The performance underscores how even well-branded IPOs can struggle in weak sentiment. 

Market watchers may see this as caution for upcoming IPOs. 

Investors in the new issue should watch post-listing flows closely. 

In volatile debut names, use a proper stop loss to avoid losses. 

The flat listing becomes a benchmark of caution for Indian IPOs in 2025.