Canara Robeco IPO: Date, Price Band, DRHP, Subscription Details & Review

The Indian primary market is gearing up for one of the most anticipated IPOs of 2025 – the Canara Robeco Asset Management Company Limited IPO. Backed by Canara Bank and ORIX Corporation, the IPO has already caught the attention of retail and institutional investors alike. The company received SEBI’s nod for its Draft Red Herring Prospectus (DRHP) on September 10, 2025, and is now set to launch its public offer.

If you’re an investor looking to understand the Canara Robeco IPO details, expected date, price band, lot size, DRHP highlights, financials, and expert review, this comprehensive IPO Ji blog covers everything you need to know before applying.

Canara Robeco IPO Key Highlights

IPO Date: October 9, 2025 – October 13, 2025

Listing Date: October 16, 2025 (Tentative)

Price Band: ₹253 – ₹266 per share

Face Value: ₹10 per share

Lot Size: 56 shares

Minimum Investment (Retail): ₹14,896 (1 lot)

Issue Size: ₹1,326.13 crore (Offer for Sale of 4.98 crore equity shares)

Type of Issue: Book Building IPO (OFS only, no fresh issue)

Promoters: Canara Bank & ORIX Corporation Europe N.V.

Lead Managers: SBI Capital Markets Ltd., Axis Capital Ltd., JM Financial Ltd.

Registrar: MUFG Intime India Pvt. Ltd.

Listing At: BSE, NSE

Canara Robeco IPO Dates & Timeline

The Canara Robeco IPO opens for subscription on October 9, 2025, and closes on October 13, 2025. The tentative allotment date is October 14, 2025, refunds and credit of shares will be processed on October 15, 2025, and the IPO is expected to list on BSE and NSE on October 16, 2025.

Here’s the tentative Canara Robeco IPO schedule:

Canara Robeco IPO Lot Size & Investment

Investors can apply for a minimum of 1 lot (56 shares) and in multiples thereafter.

Canara Robeco IPO Reservation

QIB (Qualified Institutional Buyers): Not more than 50%

NII (Non-Institutional Investors): Not less than 15%

Retail Investors: Not less than 35%

About Canara Robeco Asset Management Company

Incorporated in 1993, Canara Robeco AMC is one of India’s oldest asset management companies and serves as the investment manager for Canara Robeco Mutual Fund.

Joint Venture: Canara Bank (public sector bank) & ORIX Corporation Europe N.V.

Headquarters: Mumbai, Maharashtra

Presence: 23 branches across 14 states & 2 UTs

Distribution Network: Over 49,412 partners including banks, national distributors, and 49,108 MF distributors.

Products Offered

• Equity schemes
• Debt schemes
• Hybrid schemes
• Retirement & tax-saving funds

As of December 31, 2024, Canara Robeco managed 25 schemes (14 equity-oriented, 11 debt-oriented).

Canara Robeco Financial Performance

Canara Robeco Asset Management Company has demonstrated consistent growth across revenue, profitability, and net worth. Below is the updated snapshot of its financial performance:

Assets rose from ₹377.97 Cr in FY23 to ₹735.10 Cr in June 2025, reflecting robust growth.

PAT doubled from FY23 (₹79 Cr) to FY25 (₹190.7 Cr), highlighting profitability strength.

EBITDA margins expanded, with EBITDA growing from ₹112.89 Cr in FY23 to ₹264.08 Cr in FY25.

Net Worth surged to ₹660.60 Cr by June 2025, indicating stronger balance sheet fundamentals.

Canara Robeco IPO Peer Comparison

If valued closer to HDFC AMC and Nippon AMC, Canara Robeco IPO may attract a premium.

Canara Robeco IPO DRHP & OFS Details

Type of Issue: 100% Offer for Sale (OFS)

Shares on Sale: 4.98 crore shares

Canara Bank: 2.59 crore shares

ORIX Corporation: 2.39 crore shares

Objective: Listing of shares; proceeds go to existing shareholders (not the company).

Canara Robeco IPO – Should You Subscribe?

Strengths

• Backed by strong promoters (Canara Bank + ORIX)
• Robust AUM growth beating industry CAGR
• Expanding retail and distribution reach
• Strong financials with rising PAT margins
• High brand credibility in mutual fund industry

Risks

• Entirely an Offer for Sale – no fresh capital for growth
• Highly competitive AMC industry with HDFC AMC, SBI MF, Nippon AMC as big rivals
• Performance linked to capital markets and investor sentiment

Canara Robeco IPO Contact Details

Company: Canara Robeco Asset Management Co. Ltd. Construction House, 4th Floor, 5, Walchand Hirachand Marg, Ballard Estate, Fort, Mumbai – 400001 📧 Email: Secretarial@canararobeco.com 🌐 Website: www.canararobeco.com

Registrar: MUFG Intime India Pvt. Ltd. 📧 Email: canararobeco.ipo@in.mpms.mufg.com 🌐 Website: linkintime.co.in

Canara Robeco IPO – FAQs

Q1. What is the Canara Robeco IPO date? The IPO opens on October 9, 2025, and closes on October 13, 2025.

Q2. What is the Canara Robeco IPO price band?

The price band of Canara Robeco IPO is set at ₹253 to ₹266 per share.

Q3. What is the Canara Robeco IPO lot size?

Investors can apply in lots of 56 shares (₹14,896 minimum investment).

Q4. How much is the Canara Robeco IPO issue size?

The total issue size is ₹1,326.13 crore (4.98 crore shares).

Q5. Is Canara Robeco IPO a fresh issue?

No, it is a 100% Offer for Sale (OFS) by Canara Bank and ORIX Corporation.

Q6. When is Canara Robeco IPO listing date?

Tentative listing date is October 16, 2025 on BSE & NSE.

Q7. Should I buy Canara Robeco IPO for listing gains?

Market experts suggest that while fundamentals are strong, listing gains will depend on demand, valuations, and overall market sentiment.

The Canara Robeco IPO 2025 is one of the most awaited asset management company IPOs in India. With strong financial growth, a credible promoter background, and a proven track record in fund management, this IPO has the potential to attract both retail and institutional investors.

For more updates, DRHP insights, IPO calendar, and application tips, keep following IPO Ji – Your IPO Guide.