
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
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹266
Band: ₹253 – ₹266
Estimated Listing Price
₹280
Upper price + GMP
Lot Size
56 shares
Min investment ₹14,896
Estimated Profit / Lot
₹784
56 × ₹14
Grey Market Premium trend
+₹14
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹14 | 5.3% | ₹280 |
| 30 Oct 2026 | +₹14 | 5.3% | ₹280 |
| 29 Oct 2026 | +₹13 | 4.7% | ₹279 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
The latest grey market premium for Canara Robeco Asset Management Co. Limited IPO is ₹14, which indicates an expected listing price of ₹280.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.