Canara Robeco AMC IPO: GMP, Price, Key Dates & Financial Performance
- Krishna Priya
- Oct 9
- 2 min read
The company has set a price band of ₹253 to ₹266 per equity share, with a lot size of 56 shares, resulting in a minimum investment of ₹14,896 for retail investors.
IPO Snapshots
Item | Details |
Total Issue Size | ₹1,326 Cr (OFS only) |
Fresh Issue | - (No fresh issue) |
Offer for Sale | ₹1,326 Cr |
Face Value | ₹10 |
Price Band | ₹253 – ₹266 |
Lot Size | 56 shares |
Minimum Investment | ₹14,896 |
Listing | BSE, NSE |
Anchor Investors | October 8, 2025 |
Opens | October 9, 2025 |
Closes | October 13, 2025 |
Canara Robeco AMC is a Mumbai-headquartered asset management company, established in 1993 as a joint venture between Canara Bank and ORIX Europe. It manages a diverse portfolio of mutual funds across equity, debt, and hybrid categories, with a QAAUM of over ₹111,000 crore as of June 2025. The company benefits from Canara Bank’s 51% stake and extensive branch network, providing access to over 52,000 distribution partners and a wide presence in 23+ cities.
Financial Performance
Period Ended | Revenue (Sales) ₹ Cr | Profit After Tax (PAT) ₹ Cr |
31 Mar 2025 | 403.69 | 190.70 |
31 Mar 2024 | 318.09 | 151.00 |
31 Mar 2023 | 204.59 | 79.00 |
GMP (Grey Market Premium)
As of now, the last Grey Market Premium (GMP) for Canara Robeco AMC IPO is ₹35. This suggests an estimated listing price near ₹301 (cap price + GMP), indicating an expected gain of approximately 13.16% per share.image.jpg
Peer Comparison
Use of Proceeds
This IPO is a 100% Offer For Sale (OFS); the proceeds will go to the selling shareholders. The objective is to achieve the benefits of listing, boost brand visibility, and provide liquidity for existing shareholders.
Disclaimer: This content is for educational purposes only; please conduct your own research and consult with a qualified investment advisor before making any investment decisions.
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