The Canara Robeco AMC IPO is among the most anticipated offerings in India’s asset management space. Here’s a simplified look at the IPO’s price band, lot size, GMP, dates, and how to check allotment status.
About the IPO
Canara Robeco Asset Management Company Limited (AMC) is a joint venture between Canara Bank and ORIX Corporation Europe. The IPO will be a **100% Offer for Sale (OFS)**, where promoters — Canara Bank and ORIX — will sell up to 49,854,357 shares. No new funds will go to the company itself, as the IPO aims to provide liquidity to existing shareholders.
IPO Name, Price Band & Lot Size
- IPO Name: Canara Robeco Asset Management Company Limited (Mainboard IPO)
- Price Band: The IPO’s price band is reportedly set between ₹284 and ₹299 per share. While this range has appeared in multiple financial media reports, official confirmation will be published in the RHP filing.
- Lot Size: The official lot size (minimum bid quantity) has not been finalized. Market analysts expect a lot size of **50 to 100 shares**, but investors should confirm once the official RHP is released.
IPO Date (Tentative Schedule)
According to early reports, the **Canara Robeco AMC IPO** is likely to open on **October 9, 2025**, and close on **October 13, 2025**. The anchor investor portion may open one day earlier, on October 8, 2025. The listing date is tentatively expected around **October 16, 2025**. Investors should verify these dates through the official exchange filings or company announcements.
Grey Market Premium (GMP)
As of early October 2025, there is **no confirmed Grey Market Premium (GMP)** available for the Canara Robeco AMC IPO. GMP values generally begin circulating once the issue opens for subscription or anchor allotments are announced. Investors are advised to use GMP data cautiously as it is speculative and not officially verified.
Corporate Events & Listing
- The IPO will list on both **BSE** and **NSE** after successful allotment and verification.
- Since the issue is a complete OFS, the proceeds will go to the selling shareholders, not to the company.
- No bonus or dividend announcements have been made so far. Any such corporate actions will be determined after listing.
Stock Price & Multibagger Potential
As the IPO has not yet listed, the stock price will be determined on the listing date based on demand and subscription levels. Analysts expect moderate-to-strong interest due to the brand reputation of Canara Robeco, which has a large mutual fund investor base and strong AUM growth. However, it’s premature to label it a “multibagger” until consistent post-listing performance is observed.
How to Check IPO Allotment Status
After the IPO closes, investors can check their allotment using the following steps:
- Visit the registrar’s official website (likely **KFin Technologies** or **Link Intime**).
- Enter your **PAN number**, **application number**, or **DP ID/client ID**.
- Click “Submit” to view your IPO allotment status.
- If allotted, shares will reflect in your demat account before listing; if not, refunds are usually processed within 2–3 business days.
Dividend, Bonus & Corporate Performance
Currently, Canara Robeco AMC has not declared any post-IPO dividend or bonus issue plans. Its financial performance in FY2024–25 showed steady growth in assets under management (AUM) and net profits. Investors can expect periodic dividends after listing, depending on the company’s policy and profitability.
Disclaimer
This article is for informational purposes only. The information above is based on publicly available reports from credible sources as of October 2025. Price band, lot size, and GMP are subject to official confirmation through the company’s Red Herring Prospectus (RHP). Investors should perform due diligence and consult financial advisors before making any investment decisions.
FAQs
Q1: What is the price band for Canara Robeco AMC IPO?
A: The price band is reportedly ₹284–₹299 per share, though the official confirmation will come through the RHP.
Q2: What is the lot size for the Canara Robeco AMC IPO?
A: The final lot size has not yet been announced but is expected to be around 50–100 shares per lot.
Q3: When will the IPO open for subscription?
A: The IPO is tentatively expected to open on October 9, 2025, and close on October 13, 2025, subject to official confirmation.
Q4: What is the Canara Robeco AMC IPO GMP today?
A: As of now, there is no confirmed Grey Market Premium (GMP) available. Investors should rely on official updates closer to the IPO date.
