Canara Robeco IPO Details
The key details of Canara Robeco Asset Management Co.’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹1,326.13 Cr |
| Price Range | ₹253 - ₹266 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 56 |
| Investment (cut-off price) | ₹14,896 |
| Pre IPO Promotor Holding | 100% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Canara Robeco IPO Timelines
The IPO process for Canara Robeco Asset Management Co. includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
09/10/2025
Start Date13/10/2025
End Date15/10/2025
Refund Initiation15/10/2025
Credit of Shares to Demat Ac16/10/2025
Listing DateCanara Robeco IPO Lot Size
The Canara Robeco Asset Management Co. IPO has a fixed lot size of 56 shares, at an upper price band of ₹266 per share. For retail investors, the minimum application is 56 shares (1 lot) amounting to ₹14,896, while the maximum is 728 shares (13 lots) worth ₹1,93,648. For Small HNI (S-HNI) investors, the minimum application is 784 shares (14 lots) worth ₹2,08,544, while the maximum is 3,752 shares (67 lots) amounting to ₹9,98,032. Big HNI (B-HNI) investors need to apply for at least 3,808 shares (68 lots), totaling ₹10,12,928.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 56 | ₹14,896 |
| Retail Maximum | 13 | 728 | ₹1,93,648 |
| S-HNI Minimum | 14 | 784 | ₹2,08,544 |
| S-HNI Maximum | 67 | 3752 | ₹9,98,032 |
| B-HNI Minimum | 68 | 3808 | ₹10,12,928 |
Canara Robeco IPO Subscription Status
The subscription status for Canara Robeco Asset Management Co. IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 25.92x | 6.45x | 1.91x | -- | 9.74x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Canara Robeco IPO Company Financials
Canara Robeco Asset Management Co. reports robust performance in FY2025 with Total Income of ₹404.00 crores, managing expenses at ₹146.35 crores, and achieving a strong PAT (Profit After Tax) of ₹190.70 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹204.80 | ₹97.78 | ₹79.00 |
| FY 2024 | ₹318.78 | ₹123.60 | ₹151.00 |
| FY 2025 | ₹404.00 | ₹146.35 | ₹190.70 |
| FY 2026 (3 M) | ₹121.34 | ₹41.46 | ₹60.98 |
About Company
Canara Robeco Asset Management Company Limited (CRAMC), established in 1993, is an Indian asset management firm headquartered in Mumbai, Maharashtra. It operates as a joint venture between Canara Bank and Orix Corporation Europe N.V., formerly known as Robeco Group N.V. CRAMC serves as the investment manager for Canara Robeco Mutual Fund and offers a wide array of investment products, including equity, debt, and hybrid schemes. As of June 30, 2025, the company managed 26 schemes, of which 15 are equity-oriented, comprising 12 equity schemes and three hybrid schemes, while the remaining 11 are debt-oriented, including 10 debt schemes and one hybrid scheme.
CRAMC has a strong presence across India, directly serving customers in over 23 cities across 14 states and 2 union territories through a network of 25 branches. The firm also leverages a vast distribution network of 52,343 partners, which includes Canara Bank, 44 other banks, 548 national distributors, and 51,750 mutual fund distributors. This extensive reach ensures that its investment products are accessible to a wide customer base across the country.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 1993 | Banking | Rajnish Narula |
Know Before Investing
Canara Robeco IPO Strengths
- Canara Robeco Asset Management Company has shown a robust CAGR of approximately 28.6% in Quarterly Average Assets Under Management (QAAUM) between March 2023 and March 2025, reflecting strong market traction.
- Retail and high-net-worth individual investors contribute nearly 87% of total Monthly Average Assets Under Management (MAAUM), showcasing a strong, diversified customer base.
- Offers 26 schemes, including 15 equity-oriented (with hybrid options) and 11 debt-oriented schemes, allowing product diversity catering to various investor risk profiles.
- Focuses on companies with strong fundamentals and sustainable growth in equity funds, and prioritizes safety, liquidity, and returns in debt schemes, contributing to consistent performance.
- Reported revenues of over ₹404 crore and profit after tax of approximately ₹190 crore in FY25, showcasing operational profitability.
Canara Robeco IPO Risks
- Heavy reliance on equity-oriented schemes (over 90% of QAAUM) exposes revenues and profitability to market swings.
- Underperformance of key schemes could lead to withdrawal of investments, reducing Assets Under Management (AUM) and fees.
- Faces intense competition from well-established asset managers like HDFC, Nippon, and Aditya Birla, posing challenges for market share growth.
- Significant reliance on distributors and intermediaries risks relationship challenges affecting sales.
- Increasing reliance on digital platforms necessitates stringent cybersecurity measures to prevent breaches and disruptions.
- Errors in fund management, valuation, or compliance can harm financial performance and credibility.
Swot Analysis for Canara Robeco IPO
Strengths
Strong Financial Growth, Strong Market Position, Pan-India Distribution Network
Weaknesses
Moderate Brand Visibility Nationwide, Concentration in Equity-Oriented Mandates, Smaller Branch Network
Opportunities
Industry AUM Growth, Rising Retail Participation, Global Investment Mandates
Threats
Intense Industry Competition, Distributor Attrition, Regulatory Changes
Company Details
Canara Robeco Asset Management Co. Ltd.
Construction House, 4th Floor, 5, Walchand Hirachand Marg, Ballard Estate, Mumbai, Maharashtra, 400001
Phone: + 91226658500
Email: Secretarial@canararobeco.com
Website: https://www.canararobeco.com/
IPO Registar Details
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: canararobeco.ipo@in.mpms.mufg.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
FAQs
The key objectives of Canara Robeco IPO is:
- To achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the Offer for Sale of up to 49,854,357 Equity Shares of face value of ₹10 each aggregating up to ₹ [●] million by their Promoter Selling Shareholders
SBI Capital Markets Ltd., Axis Capital Ltd., JM Financial Ltd. are the book-running lead managers for the Canara Robeco IPO.
Canara Robeco IPO shows strong growth potential with AUM of ₹1.78 trillion and revenue rising from ₹204.80 crore in FY23 to ₹404 crore in FY25. Expanding retail participation and government initiatives further enhance long term prospects.
The issue price for the Canara Robeco IPO is set between ₹253 to ₹266 per share.
To invest in one lot of Canara Robeco IPO, you need ₹14,168 at the lower price band (₹253 per share) or ₹14,896 at the upper price band (₹266 per share) for a lot size of 56 shares.
Canara Robeco IPO shares are scheduled to be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on October 16, 2025.
Refund/unblocking of funds for Canara Robeco IPO will begin on October 15, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Canara Robeco IPO shares on listing day (October 16, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.