The basis of allotment for the ₹1,326.13 crores Canara Robeco AMC IPO will be announced today, 14 October 2025. Investors can check the IPO allotment status through the official websites of the NSE, BSE, or the IPO’s registrar, MUFG Intime India.
The Canara Robeco AMC IPO is a book-building issue of ₹1,326.13 crore, consisting entirely of an offer for sale of 4.99 crore shares by promoters Canara Bank and ORIX Corporation Europe N.V.
The bidding window was open from October 9, 2025, to October 13, 2025, during which the IPO received a total subscription of 9.74 times the offer size.
The price band is set between ₹253 and ₹266 per share.
Book-running lead managers for the IPO are SBI Capital Markets Limited, Axis Capital Limited, and JM Financial Limited. At the same time, MUFG Intime India Private Limited (Link Intime) serves as the registrar for the IPO.
[13 October, 2025, End of the day]
Investor Category |
Subscription (Times) |
Qualified Institutional Buyers (QIBs) |
25.92 |
Non-Institutional Investors |
6.45 |
Retail Individual Investors (RIIs) |
1.91 |
Total |
9.74 |
The company will not receive any IPO proceeds, and they will be directly allocated to the selling shareholders.
Canara Robeco AMC is India’s second-oldest asset management company, formed by a joint venture between Canara Bank, which holds a 51% stake, and ORIX Corporation Europe N.V., which has a 49% stake.
As of June 30, 2025, the company’s quarterly average asset under management (QAAUM) is ₹1,110.52 billion and manages a total of 26 mutual fund schemes, which include 12 equity funds, 10 debt funds, and four hybrid funds.
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