
Industrial & Financial Services · NSE / BSE
Canara Robeco Asset Management Company Limited (CRAMC), incorporated in 1993, is the investment manager for Canara Robeco Mutual Fund and operates as a joint venture between Canara Bank and Orix Corporation Europe N.V. Headquartered in Mumbai, it offers a wide range of investment products across equity, debt, and hybrid schemes. As of December 31, 2024, the company managed 25 schemes, including 14 equity-oriented (12 equity and 2 hybrid) and 11 debt-oriented (10 debt and 1 hybrid). With a presence in 23 cities across 14 states and 2 union territories through 23 branches, CRAMC also works with a vast network of 49,412 distribution partners, including Canara Bank, 44 other banks, 259 national distributors, and over 49,000 mutual fund distributors, ensuring broad accessibility of its products to investors across India.
Price Band
₹253 – ₹266
Issue Size
₹1326 Cr
Lot Size
56 shares
GMP
+5.3%
Est. Listing
₹280
at current GMP
Subscribed
9.74x
overall
Open
9 Oct 2025
Close
13 Oct 2025
Allotment
14 Oct 2025
Refund
15 Oct 2025
Demat Credit
16 Oct 2025
Listing
16 Oct 2025
Designated Registrar: Link Intime India Private Ltd (MUFG)
Allotment Date
14 Oct 2025
Basis finalization
Refunds Initiate
15 Oct 2025
Mandate release
Demat Credit
16 Oct 2025
Shares in demat
Listing Debut
16 Oct 2025
Trading begins
Canara Robeco Asset Management Co. Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹1,326.13 Crores. The shares are offered at a price band of ₹253 to ₹266 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 56 shares (approx. ₹14,896 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Ltd (MUFG). Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-10-16, while un-allotted funds or UPI block mandates will be released on 2025-10-15.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.