Canara Robeco Asset Management Co.Ltd. IPO Details – Price, Date, GMP & Analysis
Canara Robeco Asset Management Co.Ltd. IPO Overview
Company Overview
Canara Robeco Asset Management Company Limited (CRAMC) is an asset management firm in India, established in 1993. It operates as a joint venture between Canara Bank and Orix Corporation Europe N.V. The company is headquartered in Mumbai and offers a variety of investment options, including equity, debt, and hybrid schemes. As of December 31, 2024, CRAMC managed 25 schemes, with 14 being equity-oriented and 11 debt-oriented. The firm has a nationwide presence, serving customers in over 23 cities across 14 states and 2 union territories through 23 branches. It collaborates with 49,412 distribution partners, including Canara Bank and various other banks and mutual fund distributors, to make its investment products accessible.
IPO Timeline
Opens
Oct 9
Closes
Oct 13
Allotment
Oct 14
Refunds
Oct 15
Shares Credit
Oct 15
Listing
Oct 16
Opens
Oct 9
Closes
Oct 13
Allotment
Oct 14
Refunds
Oct 15
Shares Credit
Oct 15
Listing
Oct 16
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 25.92x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 6.45x | Oversubscribed |
| RII (Retail Individual Investors) | 1.91x | Oversubscribed |
| Total Subscription | 9.74x | Oversubscribed |
Last updated: Oct 13, 2025, 05:06 PM
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Assets | ₹674.03 Cr | ₹674.03 Cr | ₹516.81 Cr | ₹377.97 Cr |
| EBITDA | ₹264.08 Cr | ₹264.08 Cr | ₹201.14 Cr | ₹112.89 Cr |
| NET Worth | ₹600.06 Cr | ₹600.06 Cr | ₹454.49 Cr | ₹328.55 Cr |
| Profit After Tax | ₹190.7 Cr | ₹190.7 Cr | ₹151 Cr | ₹79 Cr |
| Reserves and Surplus | ₹400.64 Cr | ₹400.64 Cr | ₹404.64 Cr | ₹278.7 Cr |
| Total Income | ₹404 Cr | ₹404 Cr | ₹318.78 Cr | ₹204.8 Cr |
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Partnership with Canara Bank and Robeco combines local and global expertise.
- Diverse mutual fund offerings suit different investor risk profiles.
- Association with reputable institutions boosts credibility and trust.
- Skilled professionals support strong fund management.
- Canara Bank’s network enhances market reach.
IPO Details
Canara Robeco IPO Details
| Face Value | ₹10 per share |
| IPO Date | October 9, 2025 to October 13, 2025 |
| Issue Price Band | ₹253 to ₹266 per share |
| Issue Price Final | ₹266 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Listing Date | October 16, 2025 |
| Lot Size | 56 Shares |
| Sale Type | Offer For Sale |
| Share Holding Post Issue | 19,94,17,428 shares |
| Share Holding Pre Issue | 19,94,17,428 shares |
| Total Issue Size | 4,98,54,357 shares (aggregating up to ₹1,326.13 Cr) |
Canara Robeco IPO Reservation
Share Reservation Distribution
Canara Robeco IPO Promoter Holding
| Promoter Holding Post Issue | 75% |
| Promoter Holding Pre Issue | 100% |
Canara Robeco IPO Listing Details
| BSE Script Code | |
| Final Issue Price | ₹266 per share |
| ISIN | INE218I01013 |
| Listing Date | October 16, 2025 |
| NSE Listing Group | EQ (Rolling) |
| NSE Symbol | CRAMC |
Key Dates
