Canara Robeco Asset Management Co. Ltd. is set to make its market debut tomorrow, with the tentative IPO listing date fixed as October 16, 2025, on both the BSE and NSE. The public issue has attracted strong investor interest, reflecting the firm’s prominent position in India’s mutual fund industry.
The IPO, a book-built issue worth ₹1,326.13 crore, is entirely an offer for sale (OFS) of 4.99 crore shares. The bidding opened on October 9, 2025, and closed on October 13, 2025, while the allotment was finalised on October 14, 2025.
The price band for the IPO has been set at ₹253.00 to ₹266.00 per share.
Canara Robeco IPO received 9.74 times overall subscription by the end of the third day of bidding on October 13, 2025, at 5:04 PM.
The IPO also garnered ₹397.84 crore from anchor investors, highlighting strong institutional confidence ahead of listing.
Incorporated in 1993, Canara Robeco Asset Management Company Limited (CRAMC) is a leading asset management firm in India and serves as the investment manager for Canara Robeco Mutual Fund.
The company operates from its headquarters in Mumbai, Maharashtra, and is structured as a joint venture between Canara Bank and Orix Corporation Europe N.V. (formerly Robeco Group N.V.). CRAMC offers a wide range of investment solutions across equity, debt, and hybrid products, catering to both retail and institutional investors.
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The Canara Robeco IPO is scheduled to list on October 16, 2025, on both the BSE and NSE. The IPO, a book-built offer for sale of 4.99 crore shares worth ₹1,326.13 crore, received subscriptions across retail, QIB, and NII categories.
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Published on: Oct 15, 2025, 9:13 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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