Terms of the offer
The RBI approval to Canara Bank for Canara Robeco and Canara HSBC Life IPOs includes a directive to reduce its stake in these entities to 30 percent by October 2029. Canara Robeco Asset Management Company IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1326.13 Cr. The company is based in Mumbai and caters to Banking And Finance sector. Axis Capital , Jm Financial , SBI Capital Markets are the merchant bankers of Canara Robeco Asset Management Company IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 24th April 2025. Canara Robeco Asset Management IPO 2025 opens on Oct 9 and closes on Oct 13, 2025. The ₹1,326.13 crore book-built issue is a 100% offer-for-sale of 4.99 crore shares, with a price band of ₹253–₹266 per share. Retail investors can apply for a minimum lot of 56 shares, while NII and QIB investors have higher lot requirements. The allotment will be finalized on Oct 14, and shares are expected to list on BSE and NSE on Oct 16, 2025. Canara Robeco Asset Management IPO opens from October 9– October 13, 2025. IPO price: ₹253 to ₹266 per share, IPO lot size: 56 Shares. Apply for the Canara Robeco Asset Management IPO now on 5paisa!
