Canara Robeco Asset Management Company came to market through an IPO that opened on 9 October 2025 and closed on 13 October 2025, and the shares listed on 16 October 2025 on BSE, NSE. The price band was ₹253 to ₹266 per share and one lot was 56 shares, so the minimum application was ₹14,896. The issue size was ₹1326.13 crore.
The whole issue was an offer for sale, so the proceeds went to the selling shareholders rather than the company. MUFG Intime India Pvt.Ltd was the registrar to the issue, and SBI Capital Markets Ltd., Axis Capital Ltd., JM Financial Ltd were the lead managers.
As of 13 October 2025.
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Established in 1993, Canara Robeco Asset Management Company Limited (CRAMC) is an Indian asset management company and the investment manager of Canara Robeco Mutual Fund.It has its headquarters in Mumbai, Maharashtra, India. It is a joint venture between Orix Corporation Europe N.V. (formerly Robeco Group N.V.) and Canara Bank. CRAMC provides a wide variety of investment products such as equity, debt, and hybrid schemes.
As of December 31, 2024, of the 25 schemes which the company was managing, 14 are schemes based on equity (including 12 schemes of equity and two (2) hybrid schemes), whereas the rest 11 are debt-based schemes (including 10 debt schemes and one (1) hybrid scheme). Canara Robeco Asset Management Company Ltd. has a national footprint, directly reaching over 23 cities in 14 states and 2 union territories through its network of 23 branches as of December 31, 2024.
The firm has a large network of 49,412 distribution partners in India comprising Canara Bank, 44 other banks, 259 national distributors (NDs), and 49,108 mutual fund distributors (MFDs) through which it makes its investment products accessible to its customers.
As described in the offer document.
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Canara Robeco AMC raises Rs 398 crore through anchor book. The Canara Bank group company has completed the allotment of 1.49 crore shares of equity to anchor investors at Rs 266 per share. Of these, the domestic mutual funds acquired 76.73 percent portion (1.14 crore shares) in their 18 schemes including SBI Mutual Fund, ICICI Prudential MF, Nippon Life India, Kotak Mahindra AMC, Axis MF, DSP MF, Mirae Asset, HSBC, Motilal Oswal AMC, and Franklin India.
Other investors such as Pinebridge Global Funds, IIFL Asset Management, Bajaj Allianz Life Insurance, Aditya Birla Sun Life Insurance, Kotak Mahindra Life, and Steinberg India Emerging Opportunities Fund also placed orders in the anchor book.
Canara Bank, ORIX Corporation Europe N.V. Promoter holding 100% before the issue.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Canara Robeco Asset Management Company IPO was a ₹1,326.13 crore book-built issue, made up entirely of an offer for sale. It was priced at ₹253–₹266 per share with a lot size of 56 shares (₹14,896). The IPO was open from October 9 to October 13, 2025 and was subscribed 9.74x. Shares listed on BSE and NSE on October 16, 2025 at ₹280.25, a 5.4% premium to the issue price of ₹266. MUFG Intime India Pvt. Ltd. is the registrar.
SBI Capital Markets Ltd. and 2 other book running lead managers manage the issue.
The price band of Canara Robeco Asset Management Company IPO is ₹253 to ₹266 per share.
The lot size of Canara Robeco Asset Management Company IPO is 56 shares.
The minimum investment for Canara Robeco Asset Management Company IPO is approximately ₹14,896 based on the upper price band.
The allotment date of Canara Robeco Asset Management Company IPO is Oct 14, 2025.
No GMP quote could be verified as recorded before Canara Robeco Asset Management Company IPO listed. A grey-market observation of ₹18 per share was recorded on 16 Oct 2025, 7:15 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹280.25. GMP is unofficial and does not forecast or guarantee the actual listing price.
Canara Robeco Asset Management Company IPO listed on Oct 16, 2025. It was issued at ₹280.25(NSE) and is currently around ₹214.00 as on 2-Nov-2026 3:30 PM, which is approximately -19.5% versus issue price. The 52-week high is ₹324.70.
You can check Canara Robeco Asset Management Company IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Canara Robeco Asset Management Company IPO allotment status on Rupix for quick and easy access.
₹253 to ₹266 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 56 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,896.
₹14,896, for one lot of 56 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 9 October 2025 and closed on 13 October 2025.
The basis of allotment was published on 14 October 2025 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 16 October 2025 on BSE, NSE.
The issue size was ₹1326.13 crore. The offer for sale was 4,98,54,357 shares (aggregating up to ₹1326.13 crore).