Canara Robeco Asset Management Co.Ltd (MAINBOARD)

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Canara Robeco Asset Management Co.

October 9, 2025 – October 13, 2025

Price ₹253 - ₹266
GMP Rumors * ₹13
Lot size 56
Issue size ₹1326.13 cr
Allotment Oct 14, 2025
Listing Oct 16, 2025


Canara Robeco Asset Management Co. Subscription

Last updated on 13-Oct-2025 18:23:04

CategoryOfferedAppliedTimes
QIBs997087225839648825.92
HNIs7478154482621446.45
 HNIs 10+4985436337578646.77
 HNIs 2+2492718145042805.82
Retail17449025333248161.91
Total348980513399834489.74
Application-Wise Breakup (Approx. no. of Apps)img
CategoryReservedAppliedTimes
HNIs (10L+)635980431.26
HNIs (2-10L)3179173845.47
Retail3115904054701.3
Total Applications: 430897
© IPO Premium
Subscription Demand (in ₹ crore)
CategoryOfferedDemandTimes
QIBs265.236873.3525.92
FIIs-4008.39-
DIIs-784.35-
Mutual funds-1525.1-
Others-555.5-
HNIs198.921283.776.45
HNIs 10+132.61897.966.77
HNIs 2+66.31385.815.82
Retail464.14886.441.91
Total928.299043.569.74
QIB Interest Cost per share (7 Days)
@7%
₹9.3
@8%
₹10.6
@9%
₹11.9
@10%
₹13.2
@11%
₹14.5
@12%
₹15.9

Canara Robeco Asset Management Co. Lot(s) Distribution

Category Lot(s) Qty Amount Reserved
Retail 1 56 14896 311590
sHNI 14 784 208544 3179
bHNI 68 3808 1012928 6359

Canara Robeco Asset Management Co. Reservation

Category Shares Offered %
Anchor 14956306 30%
QIB 9970872 20%
HNI 7478154 15%
Retail 17449025 35%
Total 49854357 100%

Canara Robeco Asset Management Co. About

IPO Details 
Total Issue Size49,854,357 shares (aggregating up to 1326.13 Cr)
Offer For Sale49,854,357 shares (aggregating up to 1326.13 Cr)
Issue TypeBookbuilding IPO
Listing AtNSE,BSE
Share Holding Pre Issue19,94,17,428 shares
Key Performance Indicators
KPIMar-25Mar-24Mar-23
RONW36.17%38.57%26.30%
EPS (BASIC)9.567.573.96
P/E
Pre IPO
27.82
Financial Details In crores
Period Ended30-Jun-2531-Mar-2531-Mar-2431-Mar-23
Assets735.1674.03516.81377.97
Total Income121.34404318.78204.8
Profit After Tax60.98190.715179
EBITDA81.77264.08201.14112.89
NET Worth660.6600.06454.49328.55
Reserves and Surplus461.19400.64404.64278.7

Peer Comparision (Valuation)
 Company  P/E (x)  CMP*(₹)  Face value (₹) 
 Canara Robeco Asset Management Company Limited 27.82-10.00
HDFC Asset Management Company Limited48.215,532.505.00
Nippon Life India Asset Management Limited43.35868.3510.00
Aditya Birla Sun Life AMC Limited24.6791.55.00
UTI Asset Management Company Limited22.831,304.1010.00
SOURCE:RHP,P/E Ratio represents the price to earnings ratio. It has been computed based on the closing market price of equity shares as on September 30, 2025 on NSE divided by the Diluted EPS (on consolidated basis) based on annual report or financial statements of the respective companies for the financial year ended March 31, 2025.In the above peer comparison table, we have shown the P/E ratio of the IPO issuer company based on the pre-IPO valuation.

Peer Comparision (Financial Performance)
CompanyNAV/Share (₹)RoNW (%)EPS (Basic) (₹)
Canara Robeco Asset Management Company Limited30.09*31.78*9.56*
HDFC Asset Management Company Limited380.2732.36115.16
Nippon Life India Asset Management Limited66.3831.3820.34
Aditya Birla Sun Life AMC Limited129.1926.9932.26
UTI Asset Management Company Limited403.2216.0457.35
Company Overview

Incorporation: Established in 1993.

Nature of Business: Asset management company serving as the investment manager for Canara Robeco Mutual Fund.

Joint Venture: Partnership between Canara Bank and Orix Corporation Europe N.V. (formerly Robeco Group N.V.).

Headquarters: Located in Mumbai, Maharashtra, India.

Product Portfolio: Offers equity, debt, and hybrid mutual fund schemes.

Schemes Managed (as of Dec 31, 2024):

Total: 25 schemes

14 equity-oriented (12 equity + 2 hybrid)

11 debt-oriented (10 debt + 1 hybrid)

Geographical Presence: 23 branches across 14 states and 2 union territories, serving customers in 23 cities.

Strength

Strong Brand & Legacy: Backed by Canara Bank’s trusted legacy and global partner Orix, ensuring credibility and stability.
Professional Management: Operates with a well-governed and experienced management team maintaining high corporate standards.
Diverse Equity Portfolio: Balanced mix of research-driven equity and debt products catering to varied investor segments.

Weakness

Scheme Underperformance: One equity and eight debt schemes underperformed benchmarks in FY2024, which can affect AUM and revenue.
Market Sensitivity: Unfavourable market or economic conditions may trigger withdrawals, lowering AUM and management fees.
Equity Dependence: With over 93% of AUM from equity schemes, poor equity performance could disproportionately impact earnings.

Canara Robeco Asset Management Co. Lead Manager(s)

Canara Robeco Asset Management Co. Address

Canara Robeco Asset Management Co.Ltd.
Construction House,
4th Floor, 5, Walchand Hirachand Marg,
Ballard Estate, Fort,
Mumbai, Maharashtra, 400001
Phone: + 91226658500
Email: Secretarial@canararobeco.com
Website: https://www.canararobeco/

Canara Robeco Asset Management Co. Registrar

MUFG Intime India Private Limited - Link Intime
Address:

MUFG Intime India Private Limited (Link Intime)
Link Intime India Private Ltd
C 101, 247 Park,
L.B.S.Marg Vikhroli (West),
Mumbai - 400083

Canara Robeco Asset Management Co. Reviewers

Reviewer Recommendation File