Canara Robeco IPO
Open MainLineCurrent GMP
₹20 (+7.52%)
Price Band
₹ 253 – 266
Lot Size
56
Issue Size
₹1326.13 Cr
Minimum Investment
₹14896 (56 Shares)
Listing Date
16 October 2025
Subscription
9.74x
About the Company
Incorporated in 1993, Canara Robeco Asset Management Company Limited (CRAMC) is one of India’s oldest asset management companies, serving as the investment manager for Canara Robeco Mutual Fund. Headquartered in Mumbai, Maharashtra, the company operates as a joint venture between Canara Bank and Orix Corporation Europe N.V. (formerly Robeco Group N.V.).
CRAMC offers a comprehensive range of mutual fund products, including equity, debt, and hybrid schemes, catering to diverse investor needs. As of December 31, 2024, the company managed 25 schemes—comprising 12 equity schemes, 10 debt schemes, and 3 hybrid schemes—with a Quarterly Average Assets Under Management (QAAUM) of ₹1,08,366 crore.
The company has a strong retail investor base, managing ₹97,545 crore in MAAUM from retail investors, which represents 88.84% of total MAAUM, and maintains 0.49 crore individual folios, accounting for 98.99% of total folios.
Canara Robeco has a nationwide presence with 23 branches across 14 states and two union territories, supported by a robust network of 49,412 distribution partners, including Canara Bank, 44 other banks, 259 national distributors, and over 49,000 mutual fund distributors (MFDs).
Leveraging the brand strength and extensive branch network of Canara Bank, which operates over 9,800 branches and 12,000+ ATMs, the AMC continues to strengthen its retail outreach and distribution footprint. As of December 31, 2024, CRAMC employed 291 professionals across India.
Competitive Strengths
• Recognized brand with legacy of operations and established parentage;
• Operations led by professional management team and established corporate governance standards;
• Well-diversified equity products mix backed by research-driven investment process;
• Pan-India multi-channel sales and distribution network;
• Expanding proportion of AUM contributed by individual investors and SIP contributions; and
• Integrated technology-led operations with a well-established digital eco-system.
Promoters
- Canara Bank
- ORIX Corporation Europe N.V
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Objects of the Issue
Company will not receive any proceeds from the Offer. All proceeds from the Offer will go to the Promoter Selling Shareholders, in proportion to the Equity Shares offered by them in the Offer for Sale.
Address / Contact Info
Canara Robeco Asset Management Company Limited
Construction House,
4th Floor, 5, Walchand Hirachand Marg,
Ballard Estate, Fort,
Mumbai, Maharashtra, 400001
Phone: + 91226658500
Email: Secretarial@canararobeco.com
Website: https://www.canararobeco.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Thursday, 09 October 2025
IPO Close Date
Monday, 13 October 2025
Basis of Allotment
Tuesday, 14 October 2025
Initiation of Refunds
Wednesday, 15 October 2025
Credit of Shares to Demat
Wednesday, 15 October 2025
Listing Date
Thursday, 16 October 2025 — NSE & BSE
Important Dates
Open Date
09 October 2025
Close Date
13 October 2025
Basis Of Allotment
14 October 2025
Listing Date
16 October 2025
Financial Performance (₹ in Crores)
| Particular | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 735.1 | 674.03 | 516.81 | 377.97 |
| Revenue | 121.34 | 404 | 318.78 | 204.8 |
| Profit After Tax | 60.98 | 190.7 | 151 | 79 |
| Net Worth | 660.6 | 600.06 | 454.49 | 328.55 |
| Reserve & Surplus | 461.19 | 400.64 | 404.64 | 278.7 |
| Total Borrowings | 0 | 0 | 0 | 0 |
EPS Pre
9.56%
EPS Post
12.23%
P/E Pre
27.82
P/E (Post Issue)
21.75x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar 2025 |
|---|---|
| ROE % | 0 |
| ROCE % | 0 |
| Debt / Equity | 0 |
| RoNW % | 36.17 |
| PbW | 0 |
| Pat Margin % | 0.18 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 13450818 | 35.05 | 0 |
| Non-Institutional | 7478154 | 19.49 | 0 |
| BNII | 4985436 | 12.99 | 0 |
| SNII | 2492718 | 6.5 | 0 |
| Retail Investors | 17449025 | 45.47 | 0 |
| Total | 38377997 | 100 | 0 |
Subscription Status ( Mon, 13 Oct 25 01:33 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 9970872 | 258396488 | 25.92x |
| Non-Institutional | 7478154 | 48262144 | 6.45x |
| BNII | 4985436 | 33757864 | 6.77x |
| SNII | 2492718 | 14504280 | 5.82x |
| Retail Investors | 17449025 | 33324816 | 1.91x |
| Total | 34898051 | 339983448 | 9.74x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Canara Robeco Asset Management Company Ltd | 10 | 0.00 | 9.56 | 9.56 | 31.78 | 30.09 |
| HDFC Asset Management Company Ltd | 5 | 48.21 | 115.16 | 114.75 | 32.36 | 380.27 |
| Nippon Life India Asset Management Ltd | 10 | 43.35 | 20.34 | 20.03 | 31.38 | 66.38 |
| Aditya Birla Sun Life AMC Ltd | 5 | 24.60 | 32.26 | 32.18 | 26.99 | 129.19 |
| UTI Asset Management Company Ltd | 10 | 22.83 | 57.35 | 57.11 | 16.04 | 403.22 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 56 | 14,896.00 |
| Retail (Max) | 13 | 728 | 193,648.00 |
| S-HNI (Min) | 14 | 784 | 208,544.00 |
| S-HNI (Max) | 67 | 3,752 | 998,032.00 |
| B-HNI (Min) | 68 | 3,808 | 1,012,928.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Axis Capital Limited
- SBI Capital Markets Limited
- JM Financial Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Canara Robeco IPO is a Book-building IPO worth ₹1326.13 crores. The price band is ₹253 to 266 per share. The IPO opens on Thu, Oct 9, 2025 and closes on Mon, Oct 13, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Canara Robeco IPO opens on Thu, Oct 9, 2025 and closes on Mon, Oct 13, 2025
Canara Robeco IPO Price Band is ₹253 to 266.
Canara Robeco IPO lot size is 56, and the minimum amount required for application is ₹14896.
The minimum investment for Canara Robeco IPO is approximately ₹14896 based on the upper price band.
To apply for the Canara Robeco IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Mon, Oct 13, 2025. After submission, funds are blocked until the basis of allotment of Canara Robeco IPO is finalised.
Canara Robeco IPO issue size is ₹1326.13 crores.
Canara Robeco IPO allotment date is Sat, Jun 27, 2026.
The registrar for Canara Robeco IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Canara Robeco IPO through their official website or helpline.
The Canara Robeco IPO GMP (Grey Market Premium) is ₹20 as of Thu, Oct 16, 2025. Based on the upper price band of ₹266 per share, the estimated Canara Robeco IPO listing price is ₹286, indicating a potential listing gain of approximately 31% over the issue price.