LIVE: Canara Robeco IPO allotment finalised; Step by step guide to check status online

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.

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 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.

SBI Capital Markets serves as the book-running lead manager for the issue, and MUFG Intime India is the registrar.

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.

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.

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.

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.

SBI Capital Markets serves as the book-running lead manager for the issue, and MUFG Intime India is the registrar.

Canara Robeco Asset Management Company is a firm with a long-standing presence and strong institutional support. Guided by an experienced management team and backed by corporate governance, the company provides a diversified range of equity products, following a disciplined, research-driven investment approach.

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.

“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.

The company 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.

The AMC’s portfolio comprises 15 equity-oriented schemes spanning diverse categories, including 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 such as 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 track record of over 10 years, reflecting the AMC’s long-standing fund management experience and portfolio depth.

The AMC benefits from the strong brand equity and extensive branch network of Canara Bank, leveraging its broad customer base for distribution. Under a distribution agreement with the bank, Canara Robeco AMC markets its mutual fund products through Canara Bank’s branches.

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.

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.

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.

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.

“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.

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.

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.

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 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.