Canara Robeco Asset Management Co. IPO
Bookbuilding IPO | ₹1,326.00 Cr | Listing at BSE, NSE
IPO Open
Thu, Oct 09, 2025
IPO Close
Mon, Oct 13, 2025
Price Band
₹253.00 to ₹266.00
Market Cap (Pre-IPO)
₹5,304.50 Cr
IPO Details
| IPO Date | Oct 09, 2025 to Oct 13, 2025 |
| Listing Date | Tentative: Oct 16, 2025 |
| Face Value | ₹10.00 per share |
| Price Band | ₹253.00 to ₹266.00 |
| Lot Size | 56 Shares (Minimum: ₹14,896.00) |
| Sale Type | Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | ₹1,326.00 Crores |
| Total Shares Offered | 49,854,357 shares |
| Offer For Sale | 49,854,357 shares |
Subscription Data
| Category | Times Subscribed |
|---|---|
| QIB | 25.92x |
| NII | 6.45x |
| RII | 1.91x |
| Total | 9.74x |
Canara Robeco Asset Management Co. IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 2,49,27,178 (50.00%) |
| Retail Shares Offered | 1,74,49,025 (35.00%) |
| NII Shares Offered | 74,78,154 (15.00%) |
Canara Robeco Asset Management Co. IPO Lot Size
Investors can bid for a minimum of 56 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 56 | ₹14,896 |
| Retail (Max) | 13 | 728 | ₹193,648 |
| S-HNI (Min) | 14 | 784 | ₹208,544 |
| S-HNI (Max) | 67 | 3,752 | ₹998,032 |
| B-HNI (Min) | 68 | 3,808 | ₹1,012,928 |
Canara Robeco Asset Management Co. Financial Information (Restated Consolidated)
Canara Robeco Asset Management Co.Ltd.'s revenue increased by 27% and profit after tax (PAT) rose by 26% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 735.10 | 674.03 | 516.81 | 377.97 |
| Total Income | 121.34 | 404.00 | 318.78 | 204.80 |
| Profit After Tax | 60.98 | 190.70 | 151.00 | 79.00 |
| EBITDA | 81.77 | 264.08 | 201.14 | 112.89 |
| NET Worth | 660.60 | 600.06 | 454.49 | 328.55 |
| Reserves and Surplus | 461.19 | 400.64 | 404.64 | 278.70 |
| Total Borrowing | 0.00 | 0.00 | 0.00 | 0.00 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 0.00% |
| ROCE (Return on Capital Employed) | 0.00% |
| Debt/Equity | 0.00 |
| RoNW (Return on Net Worth) | 36.17% |
| PAT Margin (Profit After Tax Margin) | 47.24% |
| EBITDA Margin | 65.37% |
| Price to Book Value | 8.84 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 9.56 | 12.23 |
| P/E (x) | 27.82 | 21.75 |
| Promoter Holding | 100.00% | 75.00% |
Company Promoters
- Canara Bank and ORIX Corporation Europe N.V are the company's promoters.
Company Overview
Incorporated in 1993, Canara Robeco Asset Management Company Limited (CRAMC) is an asset management firm in India, serving as the investment manager for Canara Robeco Mutual Fund.
The company's headquarters are located in Mumbai, Maharashtra, India. It operates as a joint venture between Canara Bank and Orix Corporation Europe N.V. (formerly Robeco Group N.V.).
CRAMC offers a diverse range of investment options, including equity, debt, and hybrid schemes.
As of June 30, 2025, out of the 26 schemes that the company managed, 15 are equity-oriented schemes (inclusive of 12 equity schemes and three (3) hybrid schemes), while remaining 11 are debt-oriented schemes (inclusive of 10 debt schemes and one (1) hybrid scheme).
Canara Robeco Asset Management Company Ltd. has a nationwide presence, directly serving customers in over 23 cities across 14 states and 2 union territories through a network of 25 branches as of JUne 30, 2025.
The company works with a wide network of 52,343 distribution partners across India, including Canara Bank, 44 other banks, 548 national distributors (NDs), and 51,750 mutual fund distributors (MFDs), helping make its investment products easily accessible to customers.
Company Strengths
- Strong brand with legacy of operations and established parentage
- Operations led by professional management team and established corporate governance standards
- Well-diversified equity products mix backed by research-driven investment process
- PAN India multi-channel sales and distribution network
- Expanding proportion of AUM contributed by individual investors and SIP contributions
- Integrated technology-led operations with a well-established digital eco-system
Use of Proceeds
- To achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the Offer for Sale of up to 49,854,357 Equity Shares of face value of ₹10 each aggregating up to ₹ [●] million by our Promoter Selling Shareholders
Objectives
The Company Canara Robeco IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
Canara Robeco Asset Management Co. IPO Peer Comparison
Canara Robeco Asset Management Co. peer comparison with similar listed entities. (As on March 31, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Canara Robeco Asset Management Company Ltd | 9.56 | 9.56 | 30.09 | 0.00 | 31.78 | - | - |
| Hdfc Asset Management Company Ltd | 115.16 | 114.75 | 380.27 | 48.21 | 32.36 | 14.56 | - |
| Nippon Life India Asset Management Limited | 20.34 | 20.03 | 66.38 | 43.35 | 31.38 | 13.15 | - |
| Aditya Birla Sun Life AMC Limited | 32.26 | 32.18 | 129.19 | 24.60 | 26.99 | 6.13 | - |
| UTI Asset Management Company Limited | 57.35 | 57.11 | 403.22 | 22.83 | 16.04 | 3.24 | - |
Quick Info
| Sector | Financial Services |
| Exchange | BSE, NSE |
| Market Cap (Pre-IPO) | ₹5,304.50 Cr |
Important Dates
| IPO Open | Oct 09, 2025 |
| IPO Close | Oct 13, 2025 |
| Allotment Date | Oct 14, 2025 |
| Credit to Demat | Oct 14, 2025 |
| Listing Date | Tentative: Oct 16, 2025 |
Lead Manager(s)
SBI Capital Markets Ltd.
Registrar
Description
- Canara Robeco IPO is a book build issue of ₹1,326.13 crores. The issue is entirely an offer for sale of 4.99 crore shares of ₹1,326.13 crore.
- Canara Robeco IPO bidding started from Oct 9, 2025 and ended on Oct 13, 2025. The allotment for Canara Robeco IPO was finalized on Oct 14, 2025. The shares got listed on BSE, NSE on Oct 16, 2025.
- Canara Robeco IPO price band is set at ₹266.00 per share . The lot size for an application is 56. The minimum amount of investment required by an retail is ₹14,896 (56 shares) (based on upper price). The lot size investment for sNII is 14 lots (784 shares), amounting to ₹2,08,544, and for bNII, it is 68 lots (3,808 shares), amounting to ₹10,12,928.