Canara Robeco AMC IPO Allotment, GMP Highlights: Share allotment for the Canara Robeco Asset Management Company IPO has been finalised on October 14. 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.
| Canara Robeco AMC IPO | Key Details |
| Open date | October 09 |
| Close date | October 13 |
| GMP | 5.5% |
| IPO Allotment date | October 14 |
| Listing date | October 16 |
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, GMP LIVE Updates: Portfolio details
The AMC manages a diverse portfolio of 15 equity-oriented schemes across categories such as large & mid-cap, large-cap, flexi-cap, mid-cap, small-cap, multi-cap, focused, value, and ELSS tax saver funds. It also offers hybrid and allocation strategies, including an aggressive hybrid fund, a balanced advantage fund, and a multi-asset allocation fund, along with three sectoral schemes focused on consumer trends, infrastructure, and manufacturing. Notably, seven of these 15 equity-oriented schemes have a performance track record of over 10 years, underscoring the AMC’s extensive fund management experience and portfolio depth.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Checking allotment status
Applicants can check their Canara Robeco IPO allotment status on the official website of the registrar, MUFG Intime India Pvt Ltd (formerly Link Intime India Pvt Ltd), by entering their application number or PAN. The allotment details will also be available on the BSE and NSE websites.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Mutual fund industry in India
Mutual fund industry in India has experienced significant growth over the past six years, driven by a thriving domestic economy, substantial inflows, and increased participation from individual investors. The industry is witnessing a surge in growth, driven largely by the equity space, where assets have increased significantly over the past decade.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Major dates
The IPO bidding window was open from October 9 to October 13, 2025, with the share allotment finalized on October 14, 2025. The company’s shares are scheduled to list on both the BSE and NSE on October 16, 2025.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Geographical expansion
To increase the geographical presence, the company intends to attract new distributors by showcasing its product range and future growth opportunities in their current or future products, while offering attractive incentives for them to promote investment products. Furthermore, the company will leverage Canara Bank’s brand recognition and its extensive branch network, particularly in the big 30 cities, to increase its AUM contributions.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Key players
SBI Capital Markets serves as the book-running lead manager for the issue. MUFG Intime India is the registrar.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Timeline
IPO Opening Date: October 9, 2025 (Thursday)
IPO Closing Date: October 13, 2025 (Monday)
Basis of Allotment (Tentative): October 14, 2025 (Tuesday)
Initiation of Refunds: October 15, 2025 (Wednesday)
Credit of Shares to Demat Accounts: October 15, 2025 (Wednesday)
Tentative Listing Date: October 16, 2025 (Thursday)
Cut-off Time for UPI Mandate Confirmation: 5:00 PM on October 13, 2025 (Monday)
Note: The above timeline is provisional and may vary depending on market or regulatory developments.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Issue details
Canara Robeco Asset Management Company Ltd.’s IPO is a book-built issue valued at Rs 1,326.13 crore. The entire offering comprises an offer for sale (OFS) of 4.99 crore equity shares, meaning no fresh shares are being issued.
The IPO bidding window was open from October 9 to October 13, 2025, with the share allotment finalized on October 14, 2025. The company’s shares are scheduled to list on both the BSE and NSE on October 16, 2025.
The price band for the issue was fixed at Rs 266 per share. Investors could apply for a minimum of one lot containing 56 shares, requiring a minimum retail investment of Rs 14,896 at the upper price limit. For non-institutional investors, the small NII (sNII) category required a minimum of 14 lots (784 shares) totaling Rs 2,08,544, while the big NII (bNII) category required 68 lots (3,808 shares) amounting to Rs 10,12,928.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: InCred Equities on IPO valuation
At the upper price band of Rs 266, the stock is valued at 28x FY25 EPS, which appears fair relative to peer multiples. “We believe the company is an attractive bet in the small AMC space and has a higher potential to rerate with a slight improvement in the performance of its schemes and yields, as compared to a few other peers, given its retail focus and a higher proportion of equity AUM,” said InCred Equities in an IPO note.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: How to check allotment status
Applicants can check their Canara Robeco IPO allotment status on the official website of the registrar, MUFG Intime India Pvt Ltd (formerly Link Intime India Pvt Ltd), by entering their application number or PAN. The allotment details will also be available on the BSE and NSE websites.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Anand Rathi Research on IPO
At the upper price band company is valuing at 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 AMC IPO Allotment, GMP LIVE Updates: Industry growth
The Indian mutual fund industry has experienced significant growth over the past six years, driven by a thriving domestic economy, substantial inflows, and increased participation from individual investors. The industry is witnessing a surge in growth, driven largely by the equity space, where assets have increased significantly over the past decade.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Plan for expansion in new geographies
To increase the geographical presence, the company intends to attract new distributors by showcasing its product range and future growth opportunities in their current or future products, while offering attractive incentives for them to promote investment products. Furthermore, the company will leverage Canara Bank’s brand recognition and its extensive branch network, particularly in the big 30 cities, to increase its AUM contributions.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Anand Rathi Research on IPO valuation
At the upper price band company is valuing at 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 AMC IPO Allotment, GMP LIVE Updates: Company provides operating freedom
The AMC not only encourages a team-based approach but also grant operating freedom within predefined boundaries. This supports the exchange of views and information, which enhances collective knowledge and expertise. Their strategy involves constructing portfolios based on medium to long-term fundamentals to deliver sustained long-term risk-adjusted returns to their investors.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Robust corporate governance framework
The AMC is guided by a robust framework that includes clear policies for risk management and compliance with regulatory requirements. Their governance approach not only protects the interests of their stakeholders but also supports their strategic objectives by promoting ethical behaviour and informed decision-making, which enables them to manage their mutual funds with a focus on delivering sustainable, long-term value to their customers.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Pan-India distribution network
Canara Robeco has a multi-channel sales and distribution network that allows it to offer products and services to customers. This network includes third-party distributors, sales through its branches, and digital platforms. As of June 2025, the company had 52,343 distribution partners across India, including Canara Bank, 44 other banks, 548 NDs, and 51,750 MFDs.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: InCred Equities on IPO valuation
At the upper price band of Rs 266, the stock is valued at 28x FY25 EPS, which appears fair relative to peer multiples. "We believe the company is an attractive bet in the small AMC space and has a higher potential to rerate with a slight improvement in the performance of its schemes and yields, as compared to a few other peers, given its retail focus and a higher proportion of equity AUM," said InCred Equities in an IPO note.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Equity schemes
As of June 2025, out of 15 equity-oriented schemes, the AMC managed seven equity-oriented schemes that have been managed for more than 10 years. The company has witnessed a significant increase in its equity-oriented QAAUM, which grew at a CAGR of 31% between March 2023 and March 2025. The company 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.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Key players of the issue
SBI Capital Markets serves as the book-running lead manager for the issue. MUFG Intime India is the registrar.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Taking help of parentage
The AMC has been able to grow its brand, business presence and expertise by leveraging its parentage. The company utilises the brand name associated with Canara Bank to promote and distribute its schemes through the bank's extensive branch network. Meanwhile, OCE provides the AMC with guidance on disciplined capital stewardship.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Sticking to investment strategy
In line with their investment strategy, which avoids complex and volatile instruments, Canara Robeco maintained zero exposure to structured debt and Additional Tier 1 bonds (AT1). These are often considered complex and volatile. By adhering to this approach, they focus on liquid investment opportunities, thus reducing risk and safeguarding their customers from potential market uncertainties associated with structured debt and AT1 bonds.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Portfolio management
The AMC manages a diverse portfolio of 15 equity-oriented schemes across categories such as large & mid-cap, large-cap, flexi-cap, mid-cap, small-cap, multi-cap, focused, value, and ELSS tax saver funds. It also offers hybrid and allocation strategies, including an aggressive hybrid fund, a balanced advantage fund, and a multi-asset allocation fund, along with three sectoral schemes focused on consumer trends, infrastructure, and manufacturing. Notably, seven of these 15 equity-oriented schemes have a performance track record of over 10 years, underscoring the AMC’s extensive fund management experience and portfolio depth.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Checking allotment status
Applicants can verify their Canara Robeco IPO allotment status on the official website of the registrar, MUFG Intime India Pvt Ltd (formerly Link Intime India Pvt Ltd), by entering their application number or PAN. The allotment status will also be accessible on the BSE and NSE websites.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: AUM growth
Canara Robeco AMC has demonstrated strong growth, with its QAAUM increasing at a CAGR of 29% between March 2023, and March 2025. As per the RHP, its market share based on QAAUM has remained broadly stable, rising from 1.54% as of March 2023, to 1.61% as of March 2024, and standing at 1.53% as of March 2025.
On a quarterly basis, the market share was 1.61% as of June 2024, and 1.54% as of June 2025, indicating consistent performance in line with overall industry growth.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Key player
SBI Capital Markets serves as the book-running lead manager for the issue, and MUFG Intime India is the registrar.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Investment strategy
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: Details of 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: Distribution network
The company aims to deliver consistent investment performance through a strong, research-driven approach. It is also focused on expanding its distribution network and geographical reach, while diversifying assets under management across various asset classes and product offerings.
Canara Robeco AMC IPO Allotment, GMP LIVE Updates: Check Status, Listing Date & Time on NSE, BSE, and MUFG Intime India
The Rs 1,326.13 crore initial public offering (IPO) of Canara Robeco Asset Management Company was entirely an offer for sale (OFS) comprising 4.98 crore equity shares sold by its promoters — Canara Bank and ORIX Corporation Europe NV. The IPO was priced in the range of Rs 253–Rs 266 per share and did not include any fresh issue component.