Canara Robeco Asset Management Company Limited (CRAMC) has announced a price band of Rs 253 to Rs 266 per equity share for its upcoming Rs 1,326 crore initial public offering (IPO).
The offer comprises an offer-for-sale (OFS) of up to 4.98 crore equity shares with a face value of Rs 10 each. The IPO will open for subscription on October 9 and close on October 13.
Anchor investors can place their bids on October 8.
The offer is being made through the book-building process and post the issue, the equity shares will be listed on the NSE and BSE, with the tentative listing date set for October 16.
Details of Canara Robeco IPO OFS
The IPO consists solely of an offer for sale by the promoter shareholders — Canara Bank and ORIX Corporation Europe N.V. (OCE). Canara Bank will sell up to 25,924,266 equity shares, while OCE will offer up to 23,930,091 equity shares. The weighted average cost of acquisition per share for Canara Bank is Rs 2.01, while for OCE it is Rs 12.87.
Canara Robeco IPO price band and valuation
The price band of Rs 253 to Rs 266 per share implies a floor price that is 25.3 times and a cap price that is 26.6 times the face value of Rs 10. The minimum bid lot is 56 equity shares, and bids must be placed in multiples thereof.
At the upper end, the price-to-earnings (P/E) ratio based on diluted EPS for fiscal 2025 stands at 27.82 times, while at the lower end, it is 26.46 times. The weighted average return on net worth over the past three financial years is 30.97%.
Canara Robeco IPO allocation structure
In line with SEBI regulations, not more than 50% of the net offer is reserved for Qualified Institutional Buyers (QIBs), at least 15% is allocated to non-institutional investors, and a minimum of 35% is reserved for retail individual investors.
Canara Robeco AMC financial performance snapshot
As of the three months ended June 30, 2025, Canara Robeco AMC reported a total closing Assets Under Management (AUM) of Rs 1,175.13 billion. The average AUM for the period stood at Rs 1,110.52 billion. The management fee earned was Rs 927.13 million, and total revenue from operations amounted to Rs 1,210.69 million.
Canara Robeco IPO book running lead managers and registrar
The book running lead managers for the IPO are SBI Capital Markets Limited, Axis Capital Limited, and JM Financial Limited. MUFG Intime India Private Limited (formerly Link Intime India Private Limited) is serving as the registrar to the offer.
Canara Robeco IPO important dates
The offer comprises an offer-for-sale (OFS) of up to 4.98 crore equity shares with a face value of Rs 10 each. The IPO will open for subscription on October 9 and close on October 13.
Anchor investors can place their bids on October 8.
The offer is being made through the book-building process and post the issue, the equity shares will be listed on the NSE and BSE, with the tentative listing date set for October 16.
Details of Canara Robeco IPO OFS
The IPO consists solely of an offer for sale by the promoter shareholders — Canara Bank and ORIX Corporation Europe N.V. (OCE). Canara Bank will sell up to 25,924,266 equity shares, while OCE will offer up to 23,930,091 equity shares. The weighted average cost of acquisition per share for Canara Bank is Rs 2.01, while for OCE it is Rs 12.87.
Canara Robeco IPO price band and valuation
The price band of Rs 253 to Rs 266 per share implies a floor price that is 25.3 times and a cap price that is 26.6 times the face value of Rs 10. The minimum bid lot is 56 equity shares, and bids must be placed in multiples thereof.
At the upper end, the price-to-earnings (P/E) ratio based on diluted EPS for fiscal 2025 stands at 27.82 times, while at the lower end, it is 26.46 times. The weighted average return on net worth over the past three financial years is 30.97%.
Canara Robeco IPO allocation structure
In line with SEBI regulations, not more than 50% of the net offer is reserved for Qualified Institutional Buyers (QIBs), at least 15% is allocated to non-institutional investors, and a minimum of 35% is reserved for retail individual investors.
Canara Robeco AMC financial performance snapshot
As of the three months ended June 30, 2025, Canara Robeco AMC reported a total closing Assets Under Management (AUM) of Rs 1,175.13 billion. The average AUM for the period stood at Rs 1,110.52 billion. The management fee earned was Rs 927.13 million, and total revenue from operations amounted to Rs 1,210.69 million.
Canara Robeco IPO book running lead managers and registrar
The book running lead managers for the IPO are SBI Capital Markets Limited, Axis Capital Limited, and JM Financial Limited. MUFG Intime India Private Limited (formerly Link Intime India Private Limited) is serving as the registrar to the offer.
Canara Robeco IPO important dates
- Anchor Investor Bidding Date: October 8, 2025
- IPO Opens: October 9, 2025
- IPO Closes: October 13, 2025
- Allotment Date: October 14, 2025
- Listing Date: October 16, 2025
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