Canara Robeco IPO is a book-built issue aiming to raise ₹1,326.13 crore. It comprises an offer for sale of 4.99 crore equity shares aggregating to ₹1,326.13 crore. The bidding window opened on October 9, 2025, and will close on October 13, 2025, with the IPO allotment expected to be finalised on October 14, 2025. Canara Robeco is scheduled to list on BSE and NSE on October 16, 2025.
The IPO price band is set at ₹253–₹266 per share. The public issue received bids for 1,40,88,35,016 shares against 17,14,28,574 shares available, resulting in an overall subscription of 8.22 times. QIBs subscribed 0.09 times their quota, NIIs at 1.25 times and retail investors at 1.10 times.
Canara Robeco IPO of ₹3,600.00 crore, priced at ₹139–₹147 per share, was subscribed 8.22 times overall. It comprises a fresh issue of 10.88 crore equity shares aggregating to ₹1,600.00 crore and an offer for sale of 13.61 crore equity shares amounting to ₹2,000.00 crore. The bidding window was open from August 7 to August 11, 2025, with the IPO allotment status finalised on August 12, 2025. Retail investors subscribed 1.10 times and NIIs 1.25 times. Listing is expected on October 16, 2025.
The table below breaks down the Canara Robeco share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| QIB Shares Offered | 2,84,07,124 (53.26%) |
| – Anchor Investor Shares | 1,49,56,306 (28.04%) |
| – QIB (Ex. Anchor) Shares | 1,34,50,818 (25.22%) |
| NII (HNI) Shares Offered | 74,78,154 (14.02%) |
| – bNII > ₹10L | 49,85,436 (9.35%) |
| – sNII < ₹10L | 24,92,718 (4.67%) |
| Retail Shares Offered | 1,74,49,025 (32.72%) |
| Total Shares Offered | 5,33,34,303 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 0.09 |
| Non-Institutional Investors | 1.25 |
| Retail Individual Investors | 1.10 |
| Total shares | 0.78 |
Note: The subscription details are as of Oct 13, 2025
Incorporated in 1993, Canara Robeco Asset Management Company Limited (CRAMC) is a prominent asset management firm in India and serves as the investment manager for Canara Robeco Mutual Fund. The company is headquartered in Mumbai, Maharashtra, and operates as a joint venture between Canara Bank and Orix Corporation Europe N.V. (formerly Robeco Group N.V.).
CRAMC provides a wide range of investment options, including equity, debt, and hybrid schemes. As of June 30, 2025, the company managed 26 schemes, comprising 15 equity-oriented schemes (12 equity schemes and 3 hybrid schemes) and 11 debt-oriented schemes (10 debt schemes and 1 hybrid scheme).
The firm has a pan-India presence, directly serving customers in over 23 cities across 14 states and 2 union territories through a network of 25 branches.
To enhance accessibility, CRAMC collaborates with a broad network of 52,343 distribution partners, including Canara Bank, 44 other banks, 548 national distributors (NDs), and 51,750 mutual fund distributors (MFDs), ensuring its investment products reach a wide customer base across India.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 13, 2025, 12:14 PM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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