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.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price
and the grey market price. It is the premium amount paid for the traded
IPO shares. It plays an important role in IPOs as it reflects how the
IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being
listed officially on the stock exchange.
Canara Robeco IPO
GMP Date
IPO Price
GMP
Last Updated
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**The GMP prices displayed here are solely for informational
purposes related to the grey market news. India IPO does not engage
in or facilitate grey market trading, nor are these rates (sub2)
indicative of any trading activity. We also do not recommend or
endorse participation in the grey market.**
Canara Robeco IPO Details
Detail
Description
IPO Date
October 9, 2025 to October 13, 2025
Listing Date
[.]
Face Value
₹10 per share
Issue Price Band
₹253 to ₹266 per share
Lot Size
56 Shares
Sale Type
Offer For Sale
Total Issue Size
4,98,54,357 shares (aggregating up to ₹1,326.13 Cr)
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Canara Robeco IPO Timeline
Detail
Description
IPO Open Date
Thu, Oct 9, 2025
IPO Close Date
Mon, Oct 13, 2025
Tentative Allotment
Tue, Oct 14, 2025
Initiation of Refunds
Wed, Oct 15, 2025
Credit of Shares to Demat
Wed, Oct 15, 2025
Tentative Listing Date
Thu, Oct 16, 2025
Cut-off time for UPI mandate confirmation
5 PM on Mon, Oct 13, 2025
Canara Robeco IPO Lot Size
Application
Lots
Shares
Amount
Individual investors (Retail) (Min)
1
56
₹14,896
Individual investors (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
Canara Robeco IPO Promoter Holding
Share Holding Pre Issue
Share Holding Post Issue
Promoter Holding Pre Issue
100%
Promoter Holding Post Issue
-
Competitive Strength:
• Strategic partnership and extensive distribution network, a vast branch network with global asset management experience, enhancing market reach and credibility.
• Multi-channel distribution network, efficient service to a broad and diverse retail investor base across multiple states.
Canara Robeco IPO Financial Information
Period Ended
Assets
Revenue
Profit After Tax
Net Worth
Total Borrowing
31 Dec 2024
616.90
303.05
148.98
558.35
-
31 Mar 2024
516.81
318.78
151.00
454.49
-
31 Mar 2023
377.97
204.80
79.00
328.55
-
31 Mar 2022
315.68
164.42
60.16
272.19
-
Amount in ₹
Crore
Key Performance Indicator
KPI
Values
RoNW
36.17%
PAT Margin
0.18%
EBITDA Margin
0.26%
Price to Book Value
8.84
Pre IPO
Post IPO
EPS (Rs)
9.56
12.23
P/E (x)
27.82
21.75
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.