Canara Robeco AMC IPO Day 1: Check Subscription Status, Key Highlights, and More
Canara Robeco AMC, India’s second-oldest asset management company, has launched its ₹1,326.13 crore IPO today, October 9, 2025. Ahead of the IPO opening, the company has raised ₹398 crore from anchor investors.
Canara Robeco AMC IPO: Issue Details
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.
The price band is set between ₹253 and ₹266 per share. The basis of allotment will be finalised by October 14, 2025, and the tentative listing date on BSE and NSE is October 16, 2025.
Canara Robeco AMC IPO Day 1 Subscription Status
[9-October-2025 10:18:00]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
Nil |
|
Non-Institutional Investors |
0.03 |
|
Retail Individual Investors (RIIs) |
0.04 |
|
Total |
0.02 |
Utilisation of IPO Proceeds
As the IPO is entirely an offer for sale, the company will not receive any proceeds; instead, they will be directly allocated to the selling shareholders.
Canara Robeco AMC Business Overview
Canara Robeco AMC is India’s second-oldest asset management company. It is a joint venture between Canara Bank (51% stake) and ORIX Corporation Europe N.V. (49% stake).
The AMC manages mutual funds and provides investment advice on Indian equities. As of June 30, 2025, Canara Robeco AMC managed a total of 26 mutual fund schemes, comprising 12 equity funds, 10 debt funds, and 4 hybrid funds, with a quarterly average asset under management (QAAUM) of ₹1,110.52 billion.
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