Canara Robeco Asset Management Co. Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹253 - ₹266
- Lot size
- 56 shares
- Issue amount
- ₹1,326.13 cr
- Total subscription
- 9.74×
- Opens
- 9 Oct 2025
- Closes
- 13 Oct 2025
- Allotment
- 14 Oct 2025
- Listing
- 16 Oct 2025
Offer at a glance
Issue overview
- Issue size
- 4,98,54,357 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,168
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹1,326.13 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,896
- Issue type
- Bookbuilding IPO
- Shares before issue
- 61,71,589
- Shares after issue
- 0
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 56 | ₹14,896 |
| sHNI | 14 | 784 | ₹2,08,544 |
| bHNI | 68 | 3,808 | ₹10,12,928 |
Share reservation
Subscription & GMP
Subscription by category
Reported 13 Oct 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 3,11,590 | 4,12,332 |
| HNIs(10L +) | 6,359 | 8,043 |
| HNIs (2-10L) | 3,179 | 17,384 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 265.23 | 6,873.35 |
| FIIs | 0 | 4,008.39 |
| FIs | 0 | 784.35 |
| Mutual Funds | 0 | 1,525.1 |
| Others | 0 | 555.5 |
| RETAIL | 464.14 | 886.44 |
| HNIs 2+ | 66.31 | 385.81 |
| HNIs 10+ | 132.61 | 897.96 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 9.56 | 7.57 | 3.96 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 36.17 | 38.57 | 26.3 |
| PRE IPO(PE) | 27.82 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Canara Robeco Asset Management Company Limited | 27.82 | NA | 10.00 | 30.09 | 31.78 | 9.56 |
| HDFC Asset Management Company Limited | 48.21 | 5,532.50 | 5.00 | 380.27 | 32.36 | 115.16 |
| Nippon Life India Asset Management Limited | 43.35 | 868.35 | 10.00 | 66.38 | 31.38 | 20.34 |
| Aditya Birla Sun Life AMC Limited | 24.6 | 791.5 | 5.00 | 129.19 | 26.99 | 32.26 |
| UTI Asset Management Company Limited | 22.83 | 1,304.10 | 10.00 | 403.22 | 16.04 | 57.35 |
Company information
Company profile
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.
Strengths
- Strong Brand & Legacy: Supported by Canara Bank’s trust and Orix’s global expertise, ensuring credibility and stability.
- Professional Management: Guided by an experienced team with strong governance and corporate standards.
- Diverse Investment Portfolio: Offers a balanced mix of equity and debt products for different investor needs.
Risk factors
- Scheme Underperformance: One equity and eight debt schemes lagged benchmarks in FY2024, which may reduce AUM and revenue.
- Market Sensitivity: Weak market or economic conditions could lead to withdrawals, lowering AUM and fees.
- Equity Dependence: With 93% of AUM in equity, poor equity performance can heavily impact earnings.
Promoters
Canara Bank
ORIX Corporation Europe N.V
Registrar & documents
Lead manager
Axis Capital Limited, Jm Financial Limited, SBI Capital Markets Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Construction House, 4th Floor, 5, Walchand Hirachand Marg, Ballard Estate, Fort, Mumbai, Maharashtra, 400001
+91226658500
[email protected]Company website ↗Understanding CRAMC IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.