Canara Robeco Asset Management Co. IPO Price: ₹253 to ₹266 per share
IPO Dates: 9th October 2025 – 13th October 2025
Company Overview
Incorporated in 1993, Canara Robeco Asset Management Company Limited (CRAMC) is a leading asset management firm in India. It serves as the investment manager for Canara Robeco Mutual Fund and has its headquarters in Mumbai, Maharashtra. The company operates as a joint venture between Canara Bank and Orix Corporation Europe N.V. (formerly Robeco Group N.V.).
Business Operations and Offerings
CRAMC offers a wide range of investment options, including equity, debt, and hybrid schemes. As of June 30, 2025, the company managed a total of 26 schemes — out of which 15 are equity-oriented schemes (12 equity schemes and 3 hybrid schemes), and the remaining 11 are debt-oriented schemes (10 debt schemes and 1 hybrid scheme).
Nationwide Presence and Distribution Network
The company 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 as of June 30, 2025. It also operates through a vast distribution network of 52,343 partners, including Canara Bank, 44 other banks, 548 national distributors (NDs), and 51,750 mutual fund distributors (MFDs). This wide network ensures easy accessibility of its investment products to customers nationwide.
Competitive Strengths
- Strong brand with a legacy of operations and established parentage
- Operations led by a professional management team with high governance standards
- Diversified equity product mix backed by research-driven investment processes
- PAN India presence with a multi-channel sales and distribution network
- Increasing share of AUM contributed by individual investors and SIPs
- Technology-led operations supported by a well-established digital ecosystem
Bidding Starts In
Canara Robeco Asset Management Co. IPO Specifics:
| IPO Date | October 9, 2025 to October 13, 2025 |
| Face Value | ₹10 per share |
| 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 | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 19,94,17,428 shares |
| Share Holding Post Issue | 19,94,17,428 shares |
Canara Robeco Asset Management Co. IPO Timetable (Important Dates)
| 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 |
| Listing Date | Thus, Oct 16, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 13, 2025 |
Canara Robeco Asset Management Co. IPO Lot Size
Bidders have the opportunity to bid for a minimum of 56 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 56 | ₹14,896 |
| 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 Asset Management Co. IPO Reservation
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
Canara Robeco Asset Management Co. IPO Financial Information
| Period Ended | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 30 Jun 2025 |
|---|---|---|---|---|
| Assets | 377.97 | 516.81 | 674.03 | 735.10 |
| Total Income | 204.80 | 318.78 | 404.00 | 121.34 |
| Profit After Tax | 79.00 | 151.00 | 190.70 | 60.98 |
| EBITDA | 112.89 | 201.14 | 264.08 | 81.77 |
| NET Worth | 328.55 | 454.49 | 600.06 | 660.60 |
| Reserves and Surplus | 278.70 | 404.64 | 400.64 | 461.19 |
Key Performance Indicator – Canara Robeco Asset Management Co. IPO
| KPI | Values |
|---|---|
| Market Cap | ₹5304.50 Cr |
| EPS Rs | 9.56 |
| P/E (x) | 27.82 |
| Price to Book Value | 8.84 |
| PAT Margin | 0.18% |
| EBITDA Margin | 0.26% |
| RoNW | 36.17% |
Objects of the Issue:
The Canara Robeco IPO plans to utilise the net proceeds from the issue for the following purpose:
To achieve the benefits of listing its equity shares on the stock exchanges and to facilitate an Offer for Sale (OFS) of up to 49,854,357 equity shares, each with a face value of ₹10, aggregating up to ₹ [●] million by the promoter selling shareholders.
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
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