Canara Robeco IPO: The IPO of Canara Robeco Asset Management Company will open for subscription on Thursday, October 9, 2025. This Mumbai based company is preparing to raise funds from the stock market. It is an asset management company (AMC) that invests investors’ money in equity, debt and hybrid schemes, whether they are individual investors or institutional investors.
Let us know 10 important things related to this IPO, so that it will be easier for you to take the investment decision.
IPO timeline
The IPO of Canara Robeco will open on October 9 and close on Monday, October 13, 2025. There will be a total of 5 days to subscribe to this IPO. However, the market will remain closed on two of these days.
offer details
This is a book-built public issue, in which a total of 4.98 crore equity shares will be sold by the promoters of the company. However, as per the DRHP filing, there is no new issue in this IPO, meaning the company itself will not receive any money from this offer.
promoter details
Canara Bank and ORIX Corporation Europe NV are the major promoters selling their shares in this IPO.
purpose of issue
Since it is completely an Offer for Sale (OFS), the amount raised from this IPO will go to the promoters. The company will not get any funds from this.
Price Band and Lot Size
Canara Robeco has set the IPO price band at ₹253 to ₹266 per share. Retail investors will have to apply in a lot of at least 56 shares.
anchor investor round
Canara Robeco held anchor investor round for large investors on October 8. In this, it has raised ₹397.8 crore from 25 anchor investors before its IPO launch. Giants like SBI Mutual Fund, ICICI Prudential MF and Motilal Oswal AMC have invested money in it.
Allotment and Listing
The allotment of Canara Robeco shares is expected to take place on October 14, 2025. The shares of the company will be listed on both BSE and NSE on 26 October 2025.
Reservation Pattern
A maximum of 50% of the IPO will be reserved for Qualified Institutional Buyers (QIBs), at least 35% for retail investors, and 15% for Non-Institutional Investors (NIIs).
Book Runner and Registrar
SBI Capital Markets, Axis Capital and JM Financial are the book running lead managers to this public issue. Whereas MUFG Intime India Pvt. Ltd. (formerly Link Intime India Pvt. Ltd.) is the registrar to the issue.
Gray Market Premium (GMP)
The gray market premium for the Canara Robeco IPO by October 8, 2025 is ₹35 per share. That means at the time of listing at the upper price band of ₹266, the share can go up to around ₹301. This shows a potential listing gain of around 13%. Gray market premium indicates the demand for a new issue in the unlisted market.
Disclaimer: The information provided here is being given for information only. It is important to mention here that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. Moneycontrol never advises anyone to invest money here.