Canara Robeco IPO
GMP, Subscription, Price, Dates & Financial Details
Finance - Asset Management
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…
Open Date
Thu, 09 Oct 2025
Close Date
Mon, 13 Oct 2025
Price Band
₹ 253 – 266
Lot Size
56
Issue Size
₹ 1,326.13 Cr
Minimum Investment
₹ 14,896 (56 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Canara Robeco IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹1,326.13 Crore and an offer for sale (OFS) of 4.99 Crore equity shares aggregating to ₹1,326.13 Crore by the existing shareholders.
The Canara Robeco IPO remained open for subscription from October 09, 2025, to October 13, 2025. The basis of allotment was finalized on October 14, 2025, and the company's shares were listed on the NSE and BSE on October 16, 2025.
The company had fixed the price band at ₹253 to ₹266 per share, with a lot size of 56 shares. Retail investors were required to make a minimum investment of ₹14,896 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Axis Capital Limited, SBI Capital Markets Limited, and JM Financial Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Canara Robeco Asset Management Company Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Canara Robeco IPO Timeline (Tentative)
- IPO Open Date
- Thu, 09 Oct 25
- IPO Close Date
- Mon, 13 Oct 25
- Basis of Allotment
- Tue, 14 Oct 25
- Initiation of Refunds
- Wed, 15 Oct 25
- Credit of Shares to Demat
- Wed, 15 Oct 25
- Listing Date
- Thu, 16 Oct 25 — NSE & BSE
Open Date
09 October 2025
Close Date
13 October 2025
Basis Of Allotment
14 October 2025
Listing Date
16 October 2025
IPO Subscription
Check Live Subscription →The Canara Robeco IPO has received bids for 33,99,83,448 shares against 3,48,98,051 shares offered, resulting in an overall subscription of 9.74x. the NII category is subscribed 6.45x, Retail Investors 1.91x, and QIBs 25.92x. Within the NII category, BNII is subscribed 6.77x, while SNII is subscribed 5.82x.
QIB
25.92x
NII
6.45x
BNII
6.77x
SNII
5.82x
RII
1.91x
Total
9.74x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 1,74,49,025 shares, representing 45.47% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 1,34,50,818 shares (35.05%), while Non-Institutional Investors (NIIs) receive 74,78,154 shares (19.49%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 13,450,818 | 35.05% |
| Non-Institutional | 7,478,154 | 19.49% |
| BNII | 4,985,436 | 12.99% |
| SNII | 2,492,718 | 6.5% |
| Retail Investors | 17,449,025 | 45.47% |
| Total | 38,377,997 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Canara Robeco Asset Management Company Limited KPI Information
| Particular | Mar 2025 |
|---|---|
| RoNW % | 36.17 |
| Pat Margin % | 0.18 |
Peers Comparison
| 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 |
About Canara Robeco Asset Management Company Limited
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.
Canara Robeco IPO Promoters
- Canara Bank
- ORIX Corporation Europe N.V
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Canara Robeco IPO Objective
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.
Canara Robeco Asset Management Company Limited Address / Contact Details
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
Canara Robeco IPO Lot Size
The Canara Robeco IPO has a lot size of 56 shares. Retail investors require a minimum investment of ₹14,896 by applying for 1 lot (56 shares). The maximum application allowed for the retail category is 13 lots (728 shares), requiring an investment of ₹1,93,648.
| 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 |
Issue Reservation
- QIB — 35.05%
- NII — 19.49%
- RII — 45.47%
Book Running Lead Managers
- Axis Capital Limited
- SBI Capital Markets Limited
- JM Financial Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Canara Robeco IPO?
Canara Robeco IPO is a Book-building IPO with a total issue size of ₹1326.13 crore. The Canara Robeco IPO price band is ₹253 to 266 per share. The Canara Robeco IPO subscription opens on Thu, Oct 9, 2025, and closes on Mon, Oct 13, 2025. The Canara Robeco IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Canara Robeco IPO.
When will the Canara Robeco IPO open for subscription?
The Canara Robeco IPO opens on Thu, Oct 9, 2025 and closes on Mon, Oct 13, 2025
What is Canara Robeco IPO Price Band?
Canara Robeco IPO Price Band is ₹253 to 266 per share.
What is Canara Robeco IPO Lot Size?
Canara Robeco IPO lot size is 56 shares, Retail investors need a minimum investment of ₹14896 based on the upper price band
What is the minimum investment for Canara Robeco IPO?
The minimum investment for Canara Robeco IPO is ₹14896, based on one lot of 56 shares at the upper price band of ₹266 per share.
How to apply for Canara Robeco IPO?
Investors can apply for the Canara Robeco IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Oct 13, 2025. The application amount remains blocked until the Canara Robeco IPO allotment is finalized.
What is Canara Robeco IPO Issue Size?
Canara Robeco IPO issue size is ₹1326.13 crores.
What is the Canara Robeco IPO Allotment Date?
Canara Robeco IPO allotment date is Tue, Oct 14, 2025.
Who is the Canara Robeco IPO Registrar?
The registrar for Canara Robeco IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Canara Robeco IPO allotment status, refund processing, and other IPO-related information.
What is the Canara Robeco IPO GMP?
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 7.52% over the issue price.
Who is the Canara Robeco IPO Lead Manager?
The book-running lead managers (BRLMs) for the Canara Robeco IPO are Axis Capital Limited, SBI Capital Markets Limited, and JM Financial Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Canara Robeco IPO Red Herring Prospectus (RHP).