Canara Robeco AMC IPO

About Canara Robeco AMC IPO

The listing date of Canara Robeco AMC IPO is on or about October 16, 2025 and the allotment date is on or about October 14, 2025. The credit of shares to the Demat account will take place on or about October 15, 2025, while the initiation of refund will take place on or about October 15, 2025.

The Canara Robeco AMC IPO comprises only an offer for sale of up to 49,854,357 equity shares of face value of ₹10 each, aggregating up to ₹. It has no fresh issue and is a 100% book-built offer. The total issue size is pegged at ₹1326.13 crores. The price band is ₹253 to ₹266 per share and the lot size is 56 shares. The IPO opens on October 9, 2025 and closes on October 13, 2025.

Canara Robeco AMC is India’s second oldest asset management company (AMC). Its primary activities include managing mutual funds and providing investment advice on Indian equities to Robeco Hong Kong Limited (Robeco HK), a member of its promoter group. As of June 30, 2025, it managed 26 schemes comprising 12 equity schemes, 10 debt schemes and 4 hybrid schemes with a quarterly average asset under management (QAAUM) of ₹ 1,110.52 billion.

Objectives of Canara Robeco AMC IPO

The company expects that listing of the equity shares will enhance its visibility and brand and provide liquidity to its existing shareholders. Listing will also provide a public market for the equity shares in India. The company will not receive any proceeds from the offer.

Industry Outlook

The Indian mutual fund industry has experienced significant growth over the past six years, driven by a thriving domestic economy, substantial inflows, and increased participation from individual investors. The industry is witnessing a surge in growth, driven largely by the equity space, where assets have increased significantly over the past decade.

The industry is well positioned for future success given the flexibility and resiliency demonstrated over the past year, even in the face of headwinds from the global economy. In the long term, i.e., between Fiscal 2024 and Fiscal 2029, the overall industry’s AUM is projected to sustain a high growth trajectory of 16-18% CAGR, reaching approximately ₹ 115-120 lakh crore.

Canara Robeco AMC Company Information

Canara Robeco is India’s second oldest asset management company (AMC). Its primary activities include managing mutual funds and providing investment advice on Indian equities to Robeco Hong Kong Limited (Robeco HK), a member of its promoter group. As of June 30, 2025, it managed 26 schemes comprising 12 equity schemes, 10 debt schemes and 4 hybrid schemes with a quarterly average asset under management (QAAUM) of ₹ 1,110.52 billion.

Strengths of Canara Robeco IPO

• Recognised 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; and
  
• Integrated technology-led operations with a well-established digital eco-system
  

Risks of Canara Robeco IPO

• If investment schemes underperform, its AUM could decrease, negatively impacting its results of operations
  
• Non-compliance with existing regulations or SEBI’s observations could expose it to penalties and restrictions in the business that it can undertake
  
• Unfavourable market changes and economic downturns may result in customer withdrawals or a decrease in customer transactions
  
• Underperformance by equity-oriented schemes may have a disproportionate adverse impact on business and revenue
  
• Inability to maintain existing relationship with third-party distributors or attract new distributors, may adversely affect business
  
• The company may not be able to sustain its historical growth in assets under management which may impact its revenue from operations and/or profitability
  
• Decrease in AUM from Maharashtra, Gujarat, Karnataka, Delhi and Tamil Nadu could adversely impact business and revenue from operations
  
• The company’s assets under management could be adversely affected by a lack of suitable investment opportunities
  

Anchor Investor Bidding Date

Anchor portion of the IPO opens for bidding on October 8, 2025.

IPO Registrar and Book Running Lead Managers

• IPO Registrar: MUFG Intime India
• Book Running Lead Managers: SBI Capital Markets, Axis Capital and JM Financial

Business Model

Managing mutual funds and providing investment advice on Indian equities to Robeco Hong Kong as of December 31, 2024, Canara Robeco managed 12 equity schemes, 10 debt schemes and 3 hybrid schemes.

It caters to a diverse group of customers through a wide variety of investment solutions and offers a range of mutual funds to help investors achieve their financial needs and goals. The company categorises its schemes broadly under the following three categories:

• Equity schemes
  
• Debt schemes
  
• Hybrid schemes
  

Canara Robeco AMC Company Growth Trajectory

The total revenue from operations of Canara Robeco AMC grew from ₹204.595 crores in FY 23 to ₹403.695 crores in FY 25. Its folio count grew from 0.431 crores in FY 23 to 0.502 crores in FY 25, while the number of outstanding SIP accounts grew from 0.232 crores in FY 23 to 0.237 crores in FY 25. The company has witnessed robust growth in its QAAUM growing at a CAGR of 28.60% between March 31, 2023, and March 31, 2025.

Market Position

Canara Robeco AMC is India’s second oldest asset management company. It has a pan India geographical presence serving customers directly in more than 23 cities across 14 states and 2 union territories with a network of 25 branches as of June 30, 2025.

Its branch presence across India is also supported by its third-party distribution partners. As of December 31, 2024, it had 52,343 empanelled distribution partners across India, including Canara Bank, 44 other banks, 259 national distributors (ND) and 51,750 mutual fund distributors.

How to Check the Allotment Status of Canara Robeco IPO?

Visit the Registrar’s Website

• Visit the official website of MUFG Intime India Pvt Ltd
  
• Click on ‘Public Issues’ under ‘Investor Services’
  
• Select company name and enter either your PAN, application number, DP/Client ID or account number/IFSC
  
• Click on ‘Submit’ to know the status
  

Check on the Bombay Stock Exchange Website

The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to www.bseindia.com and find the 'Investor Services' tab. Under 'Investors Services', click on 'Status of Issue Application'. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:

• Choose the Issue Type
  
• Select the Issue Name from dropdown
  
• Put in either your application number or PAN number
  
• Check the box ‘I’m not a robot’
  
• Click on ‘Search’ to know allotment status
  

Check on the National Stock Exchange Website

The National Stock Exchange (NSE) has an IPO Bid Verification module. You can use it to check the status of Canara Robeco AMC Ltd. Go to www.nseindia.com and find the 'Invest' tab. Click on 'Verify IPO Bids' under 'Resources & Tools'.

On the NSE IPO Bid Verification page, enter:

• Company name from dropdown
  
• Application number
  
• PAN
  

Then click 'Submit' to know the allotment status.

How to Apply for Canara Robeco AMC IPO?

• Step 1: Log in to your Kotak Securities Demat account: Log in to your Demat account to access IPO investments. Next, select the current IPO section.
  
• Step 2: Specify IPO details: Enter the number of lots and the price you wish to apply for.
  
• Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
  
• Step 4: Mandate Notification: Your UPI app will receive a mandate notification to block funds.
  
• Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.