Canara Robeco IPO

Canara Robeco Asset Management Co. is launching a book-built IPO worth Rs 1,326.13 crores, consisting entirely of an Offer for Sale of 4.99 crore shares. The IPO opens for subscription on October 9, 2025, and closes on October 13, 2025. The allotment is expected on October 14, 2025, with listing on BSE and NSE scheduled for October 16, 2025. The price band is Rs 253–266 per share, and the lot size is 56 shares, requiring a retail investment of Rs 14,896. sNII investment stands at Rs 2,08,544, while bNII requires Rs 10,12,928. SBI Capital Markets is the lead manager.

Canara Robeco IPO Details

Check out the issue details for Canara Robeco IPO as disclosed in SEBI.

Price Band

₹ 253 - 266

Issue Size

1326.13 Cr.

Issue Type

Book Built

Open

2025-10-09

Close

2025-10-13

Canara Robeco News

Canara Robeco AMC gets SEBI’s approval to raise funds via IPO 16 Sep 2025, 4:09PM Canara Robeco AMC files DRHP with SEBI 28 Apr 2025, 12:36PM

Company Financials

You can get the following financial statements of Canara Robeco as of now.

Company Name

Canara Robeco

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Canara Robeco IPO Details

The details about the Canara Robeco Asset Management Co IPO are as follows:

  • The issue size of the IPO is Rs 1,326.13 Cr.
  • The price band for Canara Robeco IPO is Rs 253 to Rs 266.
  • The shares of Canara Robeco IPO will list on BSE and NSE.
  • The latest tentative GMP of Canara Robeco IPO is Rs .
  • The shares of Canara Robeco IPO are subscribed _ Times.

 

Canara Robeco IPO Valuation

The approximate valuation of Canara Robeco Asset Management Co IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 266
Existing Shares (Qty) 19.94
Market Cap Rs 5304.04 Cr
EPS (FY25) Rs 9.56
PE Ratio 27.82x
Industry PE 34.75x

 

Canara Robeco IPO Issue Size

Canara Robeco IPO issue size is Rs 1,326.13 Cr.

Issue Amount
Fresh Issue Rs 0 Cr 
Offer For Sale Rs 1,326.13 Cr

 

Canara Robeco IPO Market Lot

An individual can apply for a minimum of 1 lot of 56 shares and a maximum of 13 lots (728 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 56 Rs 14,896
Retail Maximum 13 728 Rs 1,93,648

 

Canara Robeco IPO Share Offer

The shares of Canara Robeco IPO are subscribed _ Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Canara Robeco IPO GMP (Grey Market Premium)

As on GMP (Tentative)
6 October 2025 Rs

Canara Robeco IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Canara Robeco IPO Dates

Find below the dates for Canara Robeco IPO

Schedule Date
Basis of Allotment 14 Oct 2025
Refunds 15 Oct 2025
Credit to Demat Account 15 Oct 2025
IPO Listing Date 16 Oct 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 111.61 164.22 204.6 269.86 364.55
Total Expenditure 70.14 76.58 91.71 121.41 144.23
Operating Profit 41.46 87.63 112.89 148.45 220.31
Other Income 8.7 0.2 0.2 20.52 27.46
Interest 0 2.06 1.92 0 0
Depreciation 1.4 4.43 4.15 1.56 1.84
Exceptional Items -0.06 0 0 0 0
Profit Before Tax 48.7 81.34 107.02 167.41 245.94
Provision for Tax 12.41 21.18 28.02 42.66 63.25
Net Profit 36.29 60.16 79 124.75 182.68
Adjusted EPS (Rs.) 0.18 0.3 0.4 0.63 0.92

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 49.85 49.85 49.85 49.85 199.42
Total Reserves 176.15 222.34 278.7 371.98 360.23
Borrowings 0 0 0 0 0
Other N/C liabilities -0.06 17.5 16.45 0.29 -0.57
Current liabilities 21.74 25.99 32.96 41.52 51.56
Total Liabilities 247.68 315.68 377.97 463.64 610.63
Assets
Net Block 2.04 20.04 18.48 2.73 3.65
Capital WIP 0 0 0 0.1 0
Intangible WIP 0.23 0.16 0 0.06 2.2
Investments 10.7 21.67 34.31 82.24 92.63
Loans & Advances 2.92 1.87 1.37 2.17 2.4
Other N/C Assets 0 0 0 0 0.48
Current Assets 231.78 271.94 323.8 376.34 509.26
Total Assets 247.68 315.68 377.97 463.64 610.63
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2024 Mar 2025
Profit from operations 167.41 245.94
Adjustment -18.41 -25.47
Changes in Assets & Liabilities -0.11 -0.37
Tax Paid -42.94 -63.9
Operating Cash Flow 105.96 156.21
Investing Cash Flow -80.54 -112.89
Financing Cash Flow -24.93 -44.87
Net Cash Flow 0.49 -1.55

Canara Robeco IPO: Date, Price Band, GMP & Details

Canara Robeco Asset Management Company, India's second-oldest asset management company (AMC), is set to launch its Initial Public Offering (IPO) on October 9, 2025. The public issue, which will close on October 13, 2025, is entirely an Offer for Sale (OFS) aiming to raise approximately Rs 1,326.13 crore at the upper end of the price band.

About Canara Robeco Asset Management Co. Ltd.

Established in 1993, Canara Robeco is a joint venture between Canara Bank, which holds a 51% stake, and ORIX Corporation Europe N.V. (formerly Robeco Groep N.V.), which owns the remaining 49%. The company is a significant player in India's mutual fund industry, offering a wide range of equity, debt, and hybrid schemes.

Key Business Highlights

  • Strong AUM Growth: As of June 30, 2025, the company's quarterly average Assets Under Management (QAAUM) stood at Rs 1,110.52 billion, having grown at a CAGR of 28.60% between March 2023 and March 2025.

  • Retail and HNI Focus: The company has a strong focus on retail and high-net-worth individual (HNI) investors, who contributed about 87% of its total Monthly Average AUM as of June 2025.

  • Extensive Distribution Network: Canara Robeco leverages the extensive branch network of Canara Bank along with a wide network of third-party distributors to reach a broad customer base.

  • Financial Performance: The company has demonstrated consistent growth, with its revenue increasing from Rs 164.22 crore in FY22 to Rs 318.09 crore in FY24. Profit after tax grew from Rs 60.16 crore to Rs 151 crore over the same period.

Canara Robeco IPO Details (2025)

  • IPO Open Date: October 9, 2025

  • IPO Close Date: October 13, 2025

  • Listing Date: October 16, 2025 (Tentative)

  • Price Band: Rs 253 – Rs 266 per share

  • Issue Size: Rs 1,326.13 crore (entirely an Offer for Sale)

  • Lot Size: 56 Shares

  • Minimum Investment (Retail): Rs 14,896

IPO Structure & Utilisation

  • Offer for Sale: The IPO consists solely of an OFS, where promoters Canara Bank will sell 2.59 crore shares and ORIX Corporation Europe will offload 2.39 crore shares. As this is an OFS, the company itself will not receive any proceeds from the public issue.

  • Reservation: The issue has a reservation of 50% for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for Non-Institutional Investors (NIIs).

Key Dates & Timeline

  • Anchor Investor Bidding: October 8, 2025

  • IPO Opening: October 9, 2025

  • IPO Closing: October 13, 2025

  • Allotment Finalization: October 14, 2025 (Tentative)

  • Listing on BSE & NSE: October 16, 2025 (Tentative)

Frequently Asked Questions (FAQs) about Canara Robeco IPO

Q1: What are the key dates for the Canara Robeco IPO?
The IPO is open for subscription from October 9 to October 13, 2025. The tentative listing date is October 16, 2025.

Q2: What is the price band for the Canara Robeco IPO?
The price band has been set at Rs 253 to Rs 266 per share.

Q3: What will the funds raised be used for?
Since this is an OFS, all proceeds will go to the selling shareholders (the promoters), and Canara Robeco AMC will not receive any funds from the issue.

Q4: Who are the book-running lead managers for the IPO?
SBI Capital Markets is the book-running lead manager for the issue. The registrar is MUFG Intime India Pvt. Ltd

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