Canara Robeco IPO Subscription Status
Canara Robeco IPO subscribed over 0.21x on its First day till 05.00 PM on 9th August 2025.
- Canara Robeco IPO subscription QIB investors’ portion is 0.00x times, while NII subscribed 0.23x times, and RII investors subscribed 0.36x times.
- The company has received bids for 79,47,296 shares against 3,83,77,997 shares on offer on the First day.
- Canara Robeco IPO subscribed over 0.21x times on day 1.
About Canara Robeco IPO
Founded in 1993, Canara Robeco Limited is India’s second-oldest asset management company (AMC) focusing on managing mutual funds and offering investment advice. As of June 30, 2025, they are known to offer a wide range of investment options, including 26 schemes, 12 equity, 10 debt, and 4 hybrid schemes.
The company started its business as Canbank Investment Management Services Limited. In 2007, it became Canara Robeco Asset Management Company Limited, a joint venture between Canara Bank and ORIX Corporation Europe N.V. As of June 30, 2025, they had managed 26 schemes: 15 equity-oriented (including 12 equity and 3 hybrid) and 11 debt-oriented (including 10 debt and 1 hybrid).
Moreover, as of June 30, 2025, Canara Robeco Ltd. operates through 25 branches serving customers in more than 23 cities across 14 states and 2 union territories across India.
Canara Robeco IPO Company Financial Report
The company reported revenue of ₹404.00 crores in 2025 against ₹318.78 crores in 2024. The company reported a profit of ₹190.70 crores in 2025 against a profit of ₹151.00 crores in 2024.
Canara Robeco IPO GMP
Canara Robeco IPO GMP was ₹38 as of Thursday, 9th August. That indicates the IPO is trading at ₹304 with a ₹38 premium in the grey market against the issue price of ₹266.
