Day 3 of Canara Robeco AMC’s IPO:
Canara Robeco Asset Management Company (AMC) Limited’s initial public offering (IPO) began on October 9, 2025, and it will be up for bid until October 13, 2025. Thus, October 9–13, 2025, is the Canara Robeco AMC IPO subscription period. For the Canara Robeco IPO, candidates have a single day to submit their applications.The Canara Robeco initial public offering (IPO) pricing range has been set by one of India’s top AMCs at ₹253 to ₹266 per equity share. The company wants to raise ₹1,326.13 crore through its offer for sale (OFS) public offering. It is suggested that the public issue be listed on both the BSE and the NSE. The Canara Robeco IPO will allow bidders to apply in lots, with each lot consisting of 56 company shares.
Today’s Canara Robeco IPO GMP
Market watchers believe that the grey market is indicating that Canara Robeco AMC shares will have a successful debut. They said that shares of Canara Robeco AMC are currently trading on the gray market at a premium of ₹7. Accordingly, the Canara Robeco IPO GMP today is ₹18, indicating a possible listing gain for the allottees of about 7%. They said that because the issue was booked for less than 50% after the second day of bidding, the Canara Robeco IPO subscription status indicates a lackluster response from investors.
Status of Canara Robeco IPO subscriptions
By 1:30 PM on the third day, the retail portion had been subscribed to 1.23 times, the NII segment had been filled 1.75 times, and the public issue had been booked 1.13 times. There had been 0.50 fills in the QIB segment.
Review of Canara Robeco’s IPO
“The Canara Robeco IPO is fully priced in and entirely OFS, but an investor may apply for the public issue for the medium to long term, as the net proceeds can be used for value unlocking,” stated Anuj Gupta, Director at Ya Wealth, who assigned a “subscribe” tag for the medium to long term. The book build issue may also benefit from improvements in the secondary market. The Canara Robeco IPO is a prime contender for the trend reversal that the Indian primary market is anticipating following the record subscription of LG Electronics’ IPO.”
Arun Kejriwal, the founder of Kejriwal Research and Investment Services, tagged the book build issue as “subscribe for long-term.” He stated that while the Canara Robeco IPO valuations are appealing, the issue is totally OFS, which could contradict the issue. Ten of the fourteen issues listed in the most recent initial public offerings (IPOs) are trading below their peak price, indicating the exhaustion of the Indian primary market. Because the AMC market is anticipated to jumpfrog into the low-interest regime following the Reserve Bank of India’s (RBI) interest rate reduction, people with a long-term outlook may apply for the public issue.
Details of Canara Robeco’s IPO
One of the top AMCs in India hopes to generate ₹1,326.13 crore through its fully OFS public offering. The book build issue will let bidders to apply in lots, with each lot consisting of 56 company shares.
The most likely date for Canara Robeco’s initial public offering is October 14, 2025. October 16, 2025, is the most likely date for Canara Robeco’s first public offering.
MUFG The public issue’s official registrar is now Intime India Private Ltd. The public issue’s book-running lead managers are SBI Capital Markets, Axis Capital, and JM Financial.
