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CR

Canara Robeco IPO

Listed MAINBOARD BSE, NSE · Asset Management Company

Price Band

₹253.0–266.0

Issue Size

₹1326.13 Cr

Lot Size

56 shares

Min Investment

₹14,896

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹20.0 (7.52%)

Issue Price

₹266.0

Subject to Sauda

A separate grey-market deal made before allotment is known: a buyer agrees to pay you this amount for your IPO application — but only if you actually get allotted shares. No allotment means no payment either way. This is different from "Kostak," a similarly-named rate that's paid regardless of whether the application gets allotted — TopFund shows the Sauda rate because that's what our data source provides. Learn more: GMP vs Kostak vs Sauda →

₹900

Paid only if allotted

Canara Robeco IPO AI Summary

  • Canara Robeco IPO is listed on BSE, NSE in the Asset Management Company sector.
  • Price band: ₹253.0–₹266.0 per share, lot size 56 shares (min. investment ₹14,896).
  • Subscription window: 09 Oct–13 Oct 2025, listing on 16 Oct 2025.
  • Current GMP is +₹20.0 (7.52%), an estimated listing price of ₹286 — unofficial and can change daily.

Canara Robeco Asset Management Company Limited is a well-established asset management firm in India, set to launch its IPO with a price band of ₹253.0 to ₹266.0. The company's diverse investment offerings and strong distribution network position it well in the market.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Canara Robeco IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 13 Oct 2025 — not a current signal.

Reviewers are split — see individual calls below.

May Apply 25 Jul
Neutral 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Thu, 09 Oct 2025
IPO Close Date
Mon, 13 Oct 2025
Allotment Date
Tue, 14 Oct 2025
Refund Initiation
Wed, 15 Oct 2025
Credit of Shares
Wed, 15 Oct 2025
Listing Date
Thu, 16 Oct 2025
Listing Price
₹286.0 +7.52%

Subscription Status

Subscription data unavailable

Canara Robeco IPO Grey Market Premium (GMP) Today

GMP

+₹20.0

GMP %

+7.52%

Est. Listing

₹286.0

Updated: 25 Jul 2026 14:15

About the Company

Incorporated in 1993, Canara Robeco Asset Management Company Limited (CRAMC) is an asset management firm in India, serving as the investment manager for Canara Robeco Mutual Fund. The company's headquarters are located in Mumbai, Maharashtra, India. It operates as a joint venture between Canara Bank and Orix Corporation Europe N.V. (formerly Robeco Group N.V.). CRAMC offers a diverse range of investment options, including equity, debt, and hybrid schemes. As of June 30, 2025, out of the 26 schemes that the company managed, 15 are equity-oriented schemes (inclusive of 12 equity schemes and three (3) hybrid schemes), while remaining 11 are debt-oriented schemes (inclusive of 10 debt schemes and one (1) hybrid scheme). Canara Robeco Asset Management Company Ltd. has a nationwide presence, directly serving customers in over 23 cities across 14 states and 2 union territories through a network of 25 branches as of JUne 30, 2025. The company works with a wide network of 52,343 distribution partners across India, including Canara Bank, 44 other banks, 548 national distributors (NDs), and 51,750 mutual fund distributors (MFDs), helping make its investment products easily accessible to customers. Competitive Strengths: Strong brand with legacy of operations and established parentage Operations led by professional management team and established corporate governance standards Well-diversified equity products mix backed by research-driven investment process PAN India multi-channel sales and distribution network Expanding proportion of AUM contributed by individual investors and SIP contributions Integrated technology-led operations with a well-established digital eco-system

Company Financials (₹ Cr)

As of 2025-06-30

Period Ended 30 Jun 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 735.10 674.03 516.81 377.97
Total Income 121.34 404.00 318.78 204.80
Profit After Tax 60.98 190.70 151.00 79.00
EBITDA 81.77 264.08 201.14 112.89
NET Worth 660.60 600.06 454.49 328.55
Reserves and Surplus 461.19 400.64 404.64 278.70

Key Ratios

EPS

₹9.56

NAV

₹30.09

RoNW

36.17%

P/B Value

8.84

P/E Ratio

27.82

Market Cap

₹5304.50 Cr

PAT Margin

47.24%

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic EPS Diluted
UTI Asset Management Company Limited 403.22 16.04% 22.83 57.35 57.11
Aditya Birla Sun Life AMC Limited 129.19 26.99% 24.6 32.26 32.18
Nippon Life India Asset Management Limited 66.38 31.38% 43.35 20.34 20.03
Hdfc Asset Management Company Ltd 380.27 32.36% 48.21 115.16 114.75
Canara Robeco Asset Management Company Ltd This IPO 30.09 31.78% — 9.56 9.56

Promoters

Canara Bank and ORIX Corp.Europe NV

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹204.80 Cr in the year ending 31 Mar 2023, increasing to ₹318.78 Cr by 31 Mar 2024, and further rising to ₹404.00 Cr in the year ending 31 Mar 2025. However, the most recent figure of ₹121.34 Cr as of 30 Jun 2025 is for a 9-month period, not a full year, so isn't directly comparable.

Profit Trend

Profit after tax was ₹79.00 Cr in the year ending 31 Mar 2023, increasing to ₹151.00 Cr by 31 Mar 2024, and further rising to ₹190.70 Cr in the year ending 31 Mar 2025. The latest figure of ₹60.98 Cr as of 30 Jun 2025 is for a 9-month period, not a full year, so isn't directly comparable.

Valuation

At the issue price of ₹266.0, Canara Robeco's implied P/E ratio is 27.82 based on its EPS of ₹9.56. This is compared to peers trading at P/E ratios ranging from 22.83 to 48.21.

Grey Market Premium, Explained

The grey market premium (GMP) indicates the expected listing gain of an IPO. It reflects the price at which the shares are likely to trade in the unofficial market before the actual listing. A positive GMP suggests that investors expect the stock to perform well on its listing day.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. It's important to consider the company's fundamentals and market conditions before making a decision.

Who May Want to Wait

Investors with a low risk tolerance or those seeking guaranteed returns may want to avoid IPOs like this, as they can be subject to market fluctuations and volatility.

IPO Timeline, Explained

The IPO opens for subscription on 9 October 2025 and closes on 13 October 2025, with allotment scheduled for 14 October 2025 and listing on 16 October 2025.

Listing Gains — The Risk

While many investors hope for listing gains, it's important to note that these are not guaranteed. Market conditions can change rapidly, and the actual listing price can be influenced by various factors, including demand and supply dynamics on the listing day.

This evaluation is generated from Canara Robeco's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is Canara Robeco IPO GMP today?

Canara Robeco IPO GMP today is +₹20.0 (7.52%), indicating an estimated listing price of ₹286. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of Canara Robeco IPO?

The price band of Canara Robeco IPO is ₹253.0–₹266.0 per share.

When does Canara Robeco IPO open and close?

Canara Robeco IPO opens on 09 October 2025 and closes on 13 October 2025.

When does Canara Robeco IPO list on the stock exchange?

Canara Robeco IPO listed on 16 October 2025 at ₹286.0.

What is the lot size for Canara Robeco IPO?

The lot size for Canara Robeco IPO is 56 shares, requiring a minimum investment of ₹14,896.

What is the price band for the IPO?

The price band for the IPO is ₹253.0 to ₹266.0.

What is the minimum investment required?

The minimum investment required is ₹14,896.0.

What is the lot size for the IPO?

The lot size for the IPO is 56 shares.

When does the IPO open and close?

The IPO opens on 9 October 2025 and closes on 13 October 2025.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing gain of an IPO.

Issue Details

Issue Type MAINBOARD Book Built
Issue Size ₹1326.13 Cr
Price Band ₹253.0 – ₹266.0
Issue Price ₹266.0
Lot Size 56 shares
Min Investment ₹14,896
Exchange BSE, NSE
Sector Asset Management Company
Open Date 09 Oct 2025
Close Date 13 Oct 2025
Allotment 14 Oct 2025
Listing Date 16 Oct 2025

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

MUFG Intime India Pvt.Ltd.

Lead Managers / Book Running

JM Financial Ltd.
SBI Capital Markets Ltd.
Axis Capital Ltd.

IPO Timeline

Open

09 Oct 2025

Close

13 Oct 2025

Allotment

14 Oct 2025

Listing

16 Oct 2025

Community Sentiment

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