Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Investors await share allotment results for the Canara Robeco Asset Management Company IPO today. Here’s the latest step-by-step guide on allotment status, refund process, Demat credit, GMP trends, and expected listing date.
Canara Robeco AMC opened its subscription on October 09 and closed it on October 13. The company raised a sum of Rs 1,326.13 crore via an offer for sale of 4.99 crore shares. Canara Robeco had set the bidding price between Rs 253 to Rs 266 per equity share.
The shares will be listed on the exchanges, BSE and NSE, on October 16, as per the tentative schedule. SBI Capital Markets is the book-running lead manager for the IPO.
Here are the key strengths of Canara Robeco AMC
Recognised brand with a legacy of operations and established parentage: It is a joint venture between Canara Bank and OCE. The bank owns 51% and OCE holds 49% in the AMC. With more than three decades of operational experience, the company was incorporated in 1993 and is the second-oldest asset management company in India. Canara Bank, a scheduled public sector commercial bank, was founded in the year 1906 as a private entity and became a nationalised bank in 1969.
Well-diversified equity products: Out of 15 equity-oriented schemes, the company managed seven equity-oriented schemes that have been managed for more than 10 years. 2025. The AMC had the third-highest share of equity (including equity-oriented hybrid) AUM as of June 2025, amongst the top 20 AMCs in India and the highest share of equity-oriented AUM compared to the top 10 AMCs.
Technology-led operations with a well-established digital ecosystem: The AMC has an integrated digital ecosystem covering various aspects of its operations. Its digital initiatives to attract new customers include an investor mobile application available on Android and iOS platforms, direct investment opportunities through “smarTInvestor – Canara Robeco” available on their website, and the initiation of eKYC.
Canara Robeco AMC IPO Allotment LIVE: Check allotment status, refund details, GMP today, listing date, and price band
The company’s Monthly Average AUM (MAAUM) stood at Rs 1,01,895 crore as of March 2025, up from Rs. 88,078 crore in March 2024 and Rs 62,097 crore in March 2023, reflecting a consistent growth trajectory. Individual investors remained the dominant contributor, accounting for 87.11% of total MAAUM in FY25.
Within this segment, retail assets rose to Rs. 50,757 crore (50% of total MAAUM), while HNI assets stood at Rs. 38,000 crore (37%). Institutional investors comprised the remaining 13%. As of June 2025, total MAAUM further increased to Rs 1,16,455 crore, with individuals forming 86.87% of the total and retail assets maintaining nearly half the share.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Subscription recap
The Canara Robeco IPO issue subscribed 9.74 times by the end of Day 3 on October 13. The public issue saw 1.91 times subscription in the retail category, 25.92 times in the QIB segment, and 6.45 times in the NII category.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: About the company
The company is India’s second-oldest AMC, primarily engaged in managing mutual funds and offering investment advisory services on Indian equities to Robeco Hong Kong ('Robeco HK'), part of its Promoter Group. As of June 2025, it managed 26 schemes including 12 equity, 10 debt, and four hybrid schemes with a quarterly average assets under management (QAAUM) of Rs 1,11,052 crore.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: How to Check IPO Allotment Status via Registrar’s Website
Visit the official website of the registrar, MUFG Intime.
Select the relevant IPO name from the dropdown menu.
Choose one of the following options to identify your application: PAN, Application Number, DP ID/Client ID, or Bank Account Number.
Enter the required details and click Search to view your IPO allotment status.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Choice Equity on Canara Robeco AMC
"At the upper end of the price band, Canara Robeco AMC is valued at a P/QAAUM of 4.8% and a P/E of 26.4x (based on TTM EPS of Rs 10.1), indicating a fully priced valuation relative to peers. The company has demonstrated consistent growth, supported by Canara Bank’s extensive branch network of over 9,861 branches, which contributes around 8% of its total AUM," said Choice Equity Research in an IPO note.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: How to Check IPO Allotment Status via NSE Website
Go to the NSE IPO application tracking page.
Click on ‘Equity and SME IPO Bid Details’.
From the dropdown list, select ‘Canara Robeco’ (or the relevant IPO).
Enter your application number and PAN.
Click Submit to view your IPO allotment status.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: How to Check IPO Allotment Status via BSE Website
Visit the BSE IPO allotment status page
Select ‘Equity’ as the issue type.
From the dropdown menu, choose ‘Canara Robeco’ (or the name of the IPO you applied for).
Enter your application number or PAN.
Tick the ‘I’m not a robot’ captcha box.
Click on ‘Search’ to view your IPO allotment status.
"At the upper price band company is valued at a P/E of 27.8x to its FY25 earnings and market cap of Rs 5,304.5 crore post issue of equity shares. We believe that the IPO is fully priced and recommend a 'Subscribe-Long Term' rating to the IPO," said Anand Rathi Research in an IPO note.
Canara Robeco Asset Management Company is a well-established and trusted brand with a long-standing legacy and strong institutional backing. Its operations are guided by a seasoned professional management team and supported by robust corporate governance practices. The company offers a well-diversified portfolio of equity products driven by a rigorous, research-based investment approach.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Investment process
The company has a strategic investment process for its equity-oriented and debt-oriented schemes whereby in its equity-oriented schemes, it focuses on investing in companies with competent management, robust business fundamentals, growth-oriented businesses and reasonable valuations, while focusing on safety, liquidity and return, with an endeavour to deliver risk-adjusted returns for its debt-oriented schemes.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Allotment to finalise today
Canara Robeco Asset Management Company is all set to allot the IPO shares to the public. The company is a well-established and trusted brand with a long-standing legacy and strong institutional backing. Its operations are guided by a seasoned professional management team and supported by robust corporate governance practices.