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Canara Robeco IPO GMP, Date, Price Band & Review

The Canara Robeco IPO is a book-building issue of INR 1,326.13 crores.

IPO Details
Canara Robeco IPO

Canara Robeco IPO

Canara Robeco IPO Details

DetailDescription
IPO DateOctober 9, 2025 to October 13, 2025
Listing Date[.]
Face Value₹ 10 per share
Issue Price Band₹ 253 to ₹ 266 per share
Lot Size56 Shares
Sale TypeOffer For Sale
Total Issue Size4,98,54,357 shares (aggregating up to ₹ 1,326.13 Cr)
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

About Canara Robeco IPO

Canara Robeco IPO is a book-building issue of INR 1,326.13 crores. The issue is entirely an offer for sale of 4.99 crore shares. The price band is set at INR 253 to INR 266 per share, and the lot size for an application is 56 shares. The minimum investment required by an individual investor is ₹14,896 (56 shares). The basis of allotment is expected to be finalized on October 14, 2025, and the IPO will list on the BSE and NSE with a tentative listing date of October 16, 2025.

Company Background

Canara Robeco Asset Management Company Limited (CRAMC), established in 1993 as Canbank Investment Management Services Ltd., is one of India’s oldest and most reputed asset management firms. Originally managing Canbank Mutual Fund since 1987, it became a joint venture in 2007 between Canara Bank (51%) and Orix Corporation Europe N.V. (49%), formerly the Robeco Group. Headquartered in Mumbai, CRAMC offers a wide range of equity, debt, and hybrid investment schemes. By 2024, it managed 25 mutual fund schemes and served investors nationwide through 23 branches and over 49,000 distribution partners, combining local banking expertise with global asset management experience.

Conclusion

The Canara Robeco IPO presents an opportunity to invest in a financially strong and well-established asset management company with a diverse portfolio and robust growth potential. The joint venture between Canara Bank and Orix Corporation brings together local trust and global investment expertise. With its extensive distribution network, consistent performance, and focus on innovation, Canara Robeco stands as a trusted choice for investors seeking long-term, professionally managed investment solutions.

Canara Robeco IPO Financial Information

Latest Revenue

303.05

₹ Crore

Profit After Tax

148.98

₹ Crore

Net Worth

558.35

₹ Crore

Period EndedAssetsRevenue From OperationsProfit After TaxNet WorthTotal Borrowing
31 Dec 2024616.90303.05148.98558.35
31 Mar 2024516.81318.78151.00454.49
31 Mar 2023377.97204.8079.00328.55
31 Mar 2022315.68164.4260.16272.19
Amount in ₹ Crore

Canara Robeco Key Performance Indicator

KPIValues
RoNW36.17%
PAT Margin0.18%
EBITDA Margin0.26%
Price to Book Value8.84
Pre IPOPost IPO
EPS (Rs)9.5612.23
P/E (x)27.8221.75
Published By
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Competitive Strengths

1

Strategic partnership and extensive distribution network, a vast branch network with global asset management experience, enhancing market reach and credibility.

2

Multi-channel distribution network, efficient service to a broad and diverse retail investor base across multiple states.

Official Documents

Download regulatory filings

Canara Robeco IPO Timeline

IPO Open DateThu, Oct 9, 2025
IPO Close DateMon, Oct 13, 2025
Tentative AllotmentTue, Oct 14, 2025
Initiation of RefundsWed, Oct 15, 2025
Credit of Shares to DematWed, Oct 15, 2025
Tentative Listing DateThu, Oct 16, 2025
Cut-off time for UPI mandate confirmation5 PM on Mon, Oct 13, 2025

IPO Lot Size

InvestorsNo.of lotsShares OfferedMax Bid Amount
Individual investors (Retail) (Min)156₹14,896
Individual investors (Retail) (Max)13728₹1,93,648
S-HNI (Min)14784₹2,08,544
S-HNI (Max)673,752₹9,98,032
B-HNI (Min)683,808₹10,12,928
Canara Robeco IPO