Canara Robeco AMC IPO Details
Canara Robeco Asset Management Co. Ltd. is coming out with its IPO, a pure offer-for-sale of 4.99 crore equity shares, aggregating Rs. 1,326.13 crore. The issue opens on 9 October 2025 and closes on 13 October 2025, with tentative listing scheduled on 16 October 2025 at BSE & NSE. The price band is fixed at Rs. 253–266 per share, and the minimum lot size is 56 shares (Rs. 14,896 at upper band). For sNII, minimum investment works out to Rs. 2,08,544, and for bNII, Rs. 10,12,928. SBI Capital Markets Ltd. is the BRLM and MUFG Intime India Pvt. Ltd. is the Registrar.
đź•— Last Update: 16 October 2025, 6.00 AM
| QIB | B HNI X | S HNI X | NII X | RII X | Total X |
| 25.92 | 6.77 | 5.82 | 6.45 | 1.91 | 9.94 |
| Applications: 430.735 | |||||
| Subscription Review: On the last day of subscription, with the support of QIBs and HNIs, the IPO garnered strong subscriptions. |
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 IPO Key Dates
| Anchor portion | |
| IPO opens on | 9 Oct. 2025 |
| IPO Closes on | 13 Oct 2025 |
| IPO Allotment on | 14 Oct 2025 |
| Unblocking of Asba | 15 Oct 2025 |
| Credit of Shares | 15 Oct 2025 |
| Listing of Shares | 16 Oct 2025 |
The promoters Â
Canara Bank and ORIX Corporation Europe N.V are the company’s promoters..
The promoters hold 100 % shares in the pre-IPO capital of the company.
Objects of IPO
The IPO consists only of an offer for sale.
Business :
IPO Details
| Opens On | 9 October 2025 |
| Closes on | 13 October 25 |
| Face Value | Rs.10Â |
| Issue Price Band | Rs.253-266 |
| Lot Size | 53 Shares |
| Sale Type | Offer for sale |
| Total Issue Size | 4,98,54,357 shares |
| Total Issue Size | Rs.1326.13 Cr |
| Employee Discount | Rs. 0 |
| Shareholder Discount | Rs. 0 |
| Listing At | BSE, NSE |
How are the shares offered?
| Investor Category | Shares Offered |
| QIB Shares Offered | Not less than 50% of the Net Offer |
| Retail Shares Offered | Not more than 35% of the Net Offer |
| NII Shares Offered | Not more than 15% of the Net Offer |
How Shares can be applid?
| Application | Lots | Shares | Amount Rs. |
| 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 |
How to check Allotment Status
Allotment of this IPO will be announced on 14 October 2025 and the link to check allotment is given below:
ttps://linkintime.co.in/Initial_Offer/public-issues.html
| Registered Office of the company Canara Robeco Asset Management Co.Ltd. Construction House, 4th Floor, 5, Walchand Hirachand Marg, Ballard Estate, Fort, Mumbai, Maharashtra, 400001 Email: Secretarial@canararobeco.com |
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| The Lead Managers SBI Capital Markets Ltd.  Axis Capital Ltd.  JM Financial Ltd. |
|
| Registrar to IPO | |
| Mufg India Intime Pvt ltd |
Financial Snapshot
| Period Ended | 31-Dec-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
| Assets | 616.9 | 516.81 | 377.97 | 315.68 |
| Total Income | 303.05 | 318.78 | 204.8 | 164.42 |
| Profit After Tax | 148.98 | 151 | 79 | 60.16 |
| Net Worth | 558.35 | 454.49 | 328.55 | 272.19 |
| Reserves and Surplus | 358.93 | 404.64 | 278.7 | 222.34 |
| Amount in Rs. Crore | ||||
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Key Performance Indicators
| KPI | Values |
| RoNW | 33.22% |
Peer Comparison
| Company Name | P/E (x) | RoNW (%) |
| Canara Robeco AMC Ltd | 27.82 | 33.22 |
| Hdfc Asset Management Company Ltd | 50.17 | 29.47 |
| Nippon Life India AMC Limited | 38.25 | 29.54 |
| Aditya Birla Sun Life AMC Limited | 24.69 | 27.45 |
| UTI AMC Limited | 18.85 | 18.14 |
IPO Concise Review by Paresh Gordhandas, CA & Research Analyst
Canara Robeco AMC is India’s second-oldest mutual fund house with strong parentage of Canara Bank and global expertise of Robeco.
Key Ratios:
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FY25 (annualized) EPS: Rs. 9.56
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RoNW: 33.22% (highest among peers)
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P/E: 27.82x, offering a valuation discount compared to industry leaders like HDFC AMC (50.17x) and Nippon Life AMC (38.25x).
Peer Snapshot:
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HDFC AMC: P/E 50.17x | RoNW 29.47%
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Nippon Life AMC: P/E 38.25x | RoNW 29.54%
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Aditya Birla Sun Life AMC: P/E 24.69x | RoNW 27.45%
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UTI AMC: P/E 18.85x | RoNW 18.14%
Thus, Canara Robeco AMC combines strong return ratios with relatively attractive valuations, positioning itself as a competitive player in the growing Indian asset management industry.
At the upper price band of Rs. 266, the IPO is valued at 27.82x P/E, which is at a discount compared to HDFC AMC (50.17x) and Nippon AMC (38.25x). This indicates room for valuation re-rating post listing. Strong financials, robust brand recall, and favorable industry tailwinds make the issue attractive.
Overall, the IPO offers a good opportunity for medium to long-term investors seeking exposure to the growing Indian asset management sector.
Canara Robeco AMC IPO dates
Canara Robeco AMC IPO price & Lot
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