Canara Robeco Asset Management Co. IPO Details

Bookbuilding IPO | ₹1,326 Cr | Listed at BSE, NSE | Thu, Oct 9, 2025 - Mon, Oct 13, 2025

Canara Robeco IPO Logo

Canara Robeco IPO is a book build issue of ₹1,326.13 crores. The issue is entirely an offer for sale of 4.99 crore shares of ₹1,326.13 crore.

Canara Robeco IPO bidding started from Oct 9, 2025 and ended on Oct 13, 2025. The allotment for Canara Robeco IPO was finalized on Oct 14, 2025. The shares got listed on BSE, NSE on Oct 16, 2025.

Canara Robeco IPO price band is set at ₹266 per share. The lot size for an application is 56. The minimum amount of investment required by an retail is ₹14,896 (56 shares) (based on upper price). The lot size investment for sNII is 14 lots (784 shares), amounting to ₹2,08,544, and for bNII, it is 68 lots (3,808 shares), amounting to ₹10,12,928.

SBI Capital Markets Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Refer to Canara Robeco IPO RHP for detailed Information.

IPO Open

Thu, Oct 9, 2025

IPO Close

Mon, Oct 13, 2025

Issue Price

₹266 per share

Market Cap (Pre-IPO)

₹5,304.50 Cr

IPO Details

IPO Date9 to 13 Oct, 2025
Listed onThu, Oct 16, 2025
Face Value10 per share
Price Band₹253 to ₹266
Issue Price₹266 per share
Lot Size56 Shares
Sale TypeOFS only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

Total Issue Size4,98,54,357 shares
(agg. up to ₹1,326 Cr)
Offer for Sale4,98,54,357 shares of ₹10
(agg. up to ₹1,326 Cr)
Share Holding Pre Issue19,94,17,428 shares
Share Holding Post Issue19,94,17,428 shares
BSE Script Code / NSE Symbol544580 / CRAMC
ISININE218I01013

IPO Timetable

IPO Reservation

Canara Robeco IPO offers total 4,98,54,357 shares. Out of which 2,49,27,178 (50.00%) allocated to QIB, 99,70,872 (20.00%) allocated to QIB (Ex- Anchor), 74,78,154 (15.00%) allocated to NII 1,74,49,025 (35.00%) allocated to RII and 1,49,56,306 (30.00%) allocated to Anchor investors.

Investor Category Shares Offered Max Allottees
QIB Shares Offered 2,49,27,178 (50.00%)NA
  − Anchor Investor Shares Offered 1,49,56,306 (30.00%)NA
  − QIB (Ex. Anchor) Shares Offered 99,70,872 (20.00%)NA
NII (HNI) Shares Offered 74,78,154 (15.00%)NA
  − bNII > ₹10L 49,85,436 (10.00%)6,358
  − sNII < ₹10L 24,92,718 (5.00%)3,179
Retail Shares Offered 1,74,49,025 (35.00%)3,11,589
Total Shares Offered4,98,54,357 (100.00%)

IPO Lot Size

Investors can bid for a minimum of 56 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 56 ₹14,896
Retail (Max) 13 728 ₹1,93,648
S-HNI (Min) 14 784 ₹2,08,544
S-HNI (Max) 67 3,752 ₹9,98,032
B-HNI (Min) 68 3,808 ₹10,12,928
IPO Subscription Details

IPO Anchor Investors

Canara Robeco IPO raises ₹397.84 crore from anchor investors. Canara Robeco IPO Anchor bid date is October 8, 2025.
📝 Anchor Investors Letter (PDF)

Bid DateWed, Oct 8, 2025
Shares Offered1,49,56,306
Anchor Portion (₹ Cr.)397.84
Anchor lock-in period end date for 50% shares (30 Days)Wed, Nov 12, 2025
Anchor lock-in period end date for remaining shares (90 Days)Sun, Jan 11, 2026

About Canara Robeco Asset Management Co.Ltd.

Incorporated in 1993, Canara Robeco Asset Management Company Limited (CRAMC) is an asset management firm in India, serving as the investment manager for Canara Robeco Mutual Fund.

The company's headquarters are located in Mumbai, Maharashtra, India. It operates as a joint venture between Canara Bank and Orix Corporation Europe N.V. (formerly Robeco Group N.V.).

CRAMC offers a diverse range of investment options, including equity, debt, and hybrid schemes.

As of June 30, 2025, out of the 26 schemes that the company managed, 15 are equity-oriented schemes (inclusive of 12 equity schemes and three (3) hybrid schemes), while remaining 11 are debt-oriented schemes (inclusive of 10 debt schemes and one (1) hybrid scheme).

Canara Robeco Asset Management Company Ltd. has a nationwide presence, directly serving customers in over 23 cities across 14 states and 2 union territories through a network of 25 branches as of JUne 30, 2025.

The company works with a wide network of 52,343 distribution partners across India, including Canara Bank, 44 other banks, 548 national distributors (NDs), and 51,750 mutual fund distributors (MFDs), helping make its investment products easily accessible to customers.

Competitive Strengths:

  • Strong 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
  • Integrated technology-led operations with a well-established digital eco-system

Company Financials (Restated)

Canara Robeco Asset Management Co.Ltd.'s revenue increased by 27% and profit after tax (PAT) rose by 26% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets735.10674.03516.81377.97
Total Income121.34404.00318.78204.80
Profit After Tax60.98190.70151.0079.00
EBITDA81.77264.08201.14112.89
NET Worth660.60600.06454.49328.55
Reserves and Surplus461.19400.64404.64278.70
Amount in ₹ Crore

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)9.5612.23
P/E (x)27.8221.75
Promoter Holding100%75%
Market Cap5,304.50 Cr.
Canara Bank and ORIX Corporation Europe N.V are the company's promoters.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of June 30, 2025 available in RHP.

IPO Review

[Dilip Davda]
CRAMCL is India’s second oldest AMC run by Canara Bank and OCE. It marked a steady growth in its earnings for the reported periods. It is operating in a highly competitive segment, but being second oldest AMC, it has good AUM under its management. Based on recent set of its financial data, the issue appears fully priced. Considering the legacy of two parent brands, well-informed investors may park funds for medium to long term.
Read detail review...

Canara Robeco IPO Recommendations

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IPO Subscription Status

The Canara Robeco IPO is subscribed 9.74 times on October 13, 2025 5:04:44 PM (Day 3). The public issue subscribed 1.91 times in the retail category, 25.92 times in the QIB category, and 6.45 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (x) Shares Offered Shares bid for
QIB (Ex Anchor)25.9299,70,87225,83,96,488
NII 6.4574,78,1544,82,59,792
    bNII (> ₹10L)6.7749,85,4363,37,57,864
    sNII (< ₹10L)5.8224,92,7181,45,01,928
Retail1.911,74,49,0253,33,13,672
Total9.743,48,98,05133,99,69,952

Total Applications: 4,30,735

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 BRLMs fees and commissions (including underwriting commission) 25.04
2 Brokerage, selling commission, bidding charges, processing fees and bidding charges for the Members of the Syndicate, Registered Brokers, SCSBs, RTAs and CDPs 2.66
3 Advertising and marketing expenses for the Offer 9.91
4 Listing fees, SEBI filing fees, BSE & NSE processing fees, book building software fees and other regulatory expenses, 4.51
5 Printing and stationery expenses 1.83
6 Fees payable to the legal counsel 8.78
7 Fees payable to other advisors to the Offer including but not limited to industry expert, independent chartered accountant, auditors, etc. 2.41
8 Fees payable to the Registrar to the Offer 0.88
9 Miscellaneous 4.42

Listing Day Trading Information

Price DetailsBSENSE
Final Issue Price266.00266.00
Open280.25280.25
Low280.25280.25
High318.00318.00
Last Trade300.25300.45

Check IPO Performance…

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

Canara Robeco Asset Management Co.Ltd. Address
Construction House,
4th Floor, 5, Walchand Hirachand Marg,
Ballard Estate, Fort,
Mumbai, Maharashtra, 400001
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IPO FAQs

Canara Robeco IPO is a main-board IPO of 4,98,54,357 equity shares of the face value of ₹10 aggregating up to ₹1,326 Crores. The issue is priced at ₹266 per share. The minimum order quantity is 56.

The IPO opens on Thu, Oct 9, 2025, and closes on Mon, Oct 13, 2025.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Canara Robeco IPO using UPI as a payment gateway. Zerodha customers can apply in Canara Robeco IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Canara Robeco IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Canara Robeco IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Canara Robeco IPO opens on Thu, Oct 9, 2025 and closes on Mon, Oct 13, 2025.

Canara Robeco IPO lot size is 56, and the minimum amount required for application is ₹14,896.

You can apply in Canara Robeco IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Canara Robeco IPO will be done on Tuesday, October 14, 2025, and the allotted shares will be credited to your demat account by Wed, Oct 15, 2025. Check the Canara Robeco IPO allotment status.

The Canara Robeco IPO listing date is on Thu, Oct 16, 2025.

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