Canara Robeco IPO Details

Introduction

Canara Robeco Asset Management Company (AMC) is India’s second-oldest mutual fund manager and a trusted joint venture between Canara Bank (51%) and ORIX Corporation Europe (49%). Established in 1987, Canara Robeco delivers a blend of local banking reach and global investment expertise to over 64 lakh investors across the country. In 2025, the AMC is hitting the capital markets with an IPO, opening the next chapter in its growth story while inviting public shareholders into the nation’s surging mutual fund ecosystem.

Canara Robeco IPO Details

IPO Date	October 9, 2025 to October 13, 2025
Listing Date	October 16, 2025
Face Value	₹10 per share
Issue Price Band	₹253 to ₹266 per share
Lot Size	56 Shares
Sale Type	Offer For Sale
Total Issue Size	4,98,54,357 shares (aggregating up to ₹1,326.13 Cr)
Issue Type	Bookbuilding IPO
Listing At	BSE, NSE
Share Holding Pre Issue	19,94,17,428 shares
Share Holding Post Issue	19,94,17,428 shares

Canara Robeco IPO Timeline (Tentative Schedule)

Canara Robeco IPO opens on October 9, 2025, and closes on October 13, 2025.

IPO Open Date	Thu, Oct 9, 2025
IPO Close Date	Mon, Oct 13, 2025
Tentative Allotment	Tue, Oct 14, 2025
Initiation of Refunds	Wed, Oct 15, 2025
Credit of Shares to Demat	Wed, Oct 15, 2025
Tentative Listing Date	Thu, Oct 16, 2025
Cut-off time for UPI mandate confirmation	5 PM on Mon, Oct 13, 2025

Company Financials

Canara Robeco Asset Management Co.Ltd. Financial Information (Restated)

Canara Robeco Asset Management Co.Ltd.'s revenue increased by 27% and profit after tax (PAT) rose by 26% between the financial year ending with March 31, 2025 and March 31, 2024.

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
Amount in ₹ Crore

Objective of the Issue (Canara Robeco IPO Objectives)

The Company Canara Robeco IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No.	Objective of the Issue
1	To achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the Offer for Sale of up to 49,854,357 Equity Shares of face value of ₹10 each aggregating up to ₹ [●] million by our Promoter Selling Shareholders

 

Company & Fund Highlights

• Joint Venture: Partnership combines Canara Bank’s retail distribution with Robeco’s global asset management legacy (founded 1929, Netherlands)
• Scale: Average AUM (Q1 FY26): over ₹1.03 lakh crore; 26 funds across equity, debt, and hybrid categories
• Investor Profile: Nearly 50% retail assets and a deep footprint even in smaller cities
• Branches: 22 locations across India, and a digital-first onboarding/customer service model
• Team: Experienced management with local and global investing credentials

Strengths

• Diverse Product Suite: 12 equity, 10 debt, and 3 hybrid funds with robust long-term track records
• Brand Trust: Joint venture of a top PSU bank and a global financial powerhouse (ORIX/Robeco)
• Performance: Multiple funds consistently rated 4-stars or higher (Value Research, Morningstar)
• Retail Penetration: 50% retail AUM share, second only to Quant among large AMCs

Risks

• Market Sensitivity: Performance, revenue, and flows tied to capital market cycles
• Competition: Fee pressures from larger Indian and global AMCs
• Third Party Distribution: Heavy reliance on intermediaries vs. direct sales
• Regulatory: Compliance, SEBI norms, and changes can influence margins

How To Apply for the Online?

• Login or Open demat account with JM Financial Services / JM PRO app: Open the JM PRO app or JM Financial Services website and log in with your credentials. 
• Locate the IPO Section: Navigate to the 'IPO' section on the platform. 
• Select IPO: Find and select the IPO from the list of open IPOs. 
• Enter the Lot Size: Specify the number of lots you want to bid for. 
• Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application. 
• Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN. 

How To Check the Allotment Status of IPO?

Steps to check IPO allotment status on JM Pro app: 

• Log in to the JM Pro app. 
• Go to the IPO Section and then to IPO Orders. 
• Select the individual IPO that you had applied for and check the allotment status. 

JM Financial Services will notify you of your IPO allotment status via push notification and email

Final Thought :-

As India’s investing culture accelerates, Canara Robeco stands out for blending old-school trust with modern asset management and a powerful digital reach. This IPO brings a trusted name in Indian savings to the nation’s public markets—offering investors a foothold in both legacy and innovation.

FAQs :-

Q: What are the dates and price for Canara Robeco AMC IPO?
A: October 9–13, 2025; price band is ₹253–<