Canara Robeco Asset Management Company Ltd (AMC) is set to launch its ₹1,326.13 crore IPO through a book-building issue, opening from October 9 to October 13, 2025. The IPO is entirely an Offer for Sale (OFS) of 4.99 crore equity shares, with a price band of ₹253–₹266 per share.
The minimum lot size for retail investors is 56 shares, and the issue will be listed on both BSE and NSE.
Canara Robeco AMC IPO Key Details
| Detail | Information |
|---|---|
| IPO Type | Book-Building (Offer for Sale) |
| IPO Size | ₹1,326.13 crore |
| Price Band | ₹253 – ₹266 per share |
| Face Value | ₹10 per share |
| Lot Size (Retail) | 56 shares |
| IPO Open Date | October 9, 2025 |
| IPO Close Date | October 13, 2025 |
| Tentative Allotment Date | October 14, 2025 |
| Refunds & Credit of Shares | October 15, 2025 |
| Expected Listing Date | October 16, 2025 |
| Listing Exchanges | BSE, NSE |
Grey Market Premium (GMP) Update
As of October 9, 2025 (9:00 AM), the GMP for the Canara Robeco AMC IPO is ₹35.
Considering the upper price band of ₹266, the estimated listing price is ₹301, reflecting an expected gain of ~13.16% per share.
IPO Lot Size and Investment Details
| Investor Type | Minimum Shares | Investment Amount | Maximum Shares | Investment Amount |
|---|---|---|---|---|
| Retail Investors | 56 (1 lot) | ₹14,896 | 728 (13 lots) | ₹1,93,648 |
| Small HNIs (S-HNI) | 784 (14 lots) | ₹2,08,544 | 3,752 (67 lots) | ₹9,98,032 |
| Big HNIs (B-HNI) | 3,808 (68 lots) | ₹10,12,928 | - | - |
UPI investors must confirm their mandate before 5 PM on October 13, 2025.
Objectives of the IPO
The Canara Robeco AMC IPO is a pure Offer for Sale, where promoters — Canara Bank and ORIX Corporation Europe N.V. — will sell a portion of their holdings.
The main aim of the IPO is to enhance brand visibility, provide liquidity to shareholders, and list equity shares on the stock exchanges.
Company Financial Performance
Canara Robeco AMC has shown steady financial growth in recent years.
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Revenue: ₹318.78 crore (FY24) → ₹404.00 crore (FY25) ⬆️ 27%
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Profit After Tax (PAT): ₹151 crore → ₹190.7 crore ⬆️ 26%
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Assets: ₹674.03 crore → ₹735.10 crore ⬆️ 9%
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Net Worth: ₹599.5 crore → ₹660.6 crore ⬆️ 10%
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Reserves & Surplus: ₹461.19 crore ⬆️ 15% (June 2025 quarter)
This growth reflects strong profitability, consistent performance, and expanding assets under management (AUM).
Peer Comparison
| Company | P/E Ratio | RoNW (%) | P/BV | EPS (₹) |
|---|---|---|---|---|
| Canara Robeco AMC | 31.78 | 36.17 | 8.84x | 9.56 |
| HDFC AMC | 48.21 | - | - | - |
| Nippon Life India AMC | 43.35 | - | - | - |
| Aditya Birla Sun Life AMC | 24.60 | - | - | - |
| UTI AMC | 22.83 | - | - | - |
Insight: Canara Robeco AMC’s P/E ratio is moderate compared to major players, suggesting reasonable valuation and growth potential in the AMC sector.
Competitive Strengths
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Strong brand backed by Canara Bank and ORIX.
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Experienced management with transparent corporate governance.
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Diverse mutual fund portfolio with research-driven strategy.
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PAN-India distribution network and multi-channel presence.
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High retail investor participation through SIPs.
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Tech-driven operations with digital innovation.
Key Risks
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Market volatility may affect fund performance.
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Regulatory changes can impact operations.
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Economic downturns could reduce investor inflows.
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Strong competition may pressure fees.
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Over-reliance on certain distribution channels could limit growth.
About Canara Robeco AMC
Canara Robeco Asset Management Co. Ltd is one of India’s oldest and most trusted mutual fund houses, promoted by Canara Bank and ORIX Corporation Europe N.V..
The company offers a wide range of equity, debt, and hybrid funds, focusing on long-term wealth creation for both retail and institutional investors.
Disclaimer
The views and investment advice expressed by analysts or brokerage firms are their own.
Investing in IPOs and equities involves market risks.
Please consult your financial advisor before making investment decisions.
