Canara Robeco Asset Management Company Limited (CRAMC) is India’s second-oldest asset management company (AMC), serving as the investment manager for Canara Robeco Mutual Fund. Headquartered in Mumbai, Maharashtra, the company operates as a joint venture between Canara Bank and ORIX Corporation Europe N.V. (formerly Robeco Groep N.V.).
Established in 1993 as Canbank Investment Management Services Limited, the company was originally set up to manage the assets of Canbank Mutual Fund. In 2007, following a strategic partnership between Canara Bank and Robeco, it was renamed to its current identity, Canara Robeco Asset Management Company Limited.
CRAMC offers a comprehensive suite of mutual fund products, including equity, debt, and hybrid schemes designed to meet the diverse investment needs of retail and institutional investors. As of June 30, 2025, the company managed 26 schemes — comprising 12 equity, 10 debt, and 4 hybrid funds — with a quarterly average assets under management (QAAUM) of ₹1,110.52 billion.
The AMC leverages the strong brand and branch network of Canara Bank, contributing about 8% of its total MAAUM (₹93.22 billion), while also benefiting from ORIX’s international expertise in investment management and risk governance.
CRAMC has built a nationwide footprint, reaching investors across major cities and towns through its 50 offices (27 branches and 22 co-working locations) and a large distribution ecosystem comprising Canara Bank branches, 44 partner banks, 259 national distributors (NDs), and over 49,000 mutual fund distributors (MFDs).
Guided by a highly experienced management team, with an average senior management tenure of 8.67 years and a seasoned investment team with over 400 years of collective experience, the company emphasizes professionalism, long-term performance, and investor trust. CRAMC’s consistent growth — including a 28.6% CAGR in AUM between FY23 and FY25 — underscores its position among India’s most trusted mutual fund houses.
Canara Robeco IPO – Details
| IPO Opening Date | 09 October 2025 |
| IPO Closing Date | 13 October 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 4,98,54,357 Shares Worth ₹1,326.13 Crore Offer For Sale: 4,98,54,357 Shares Worth ₹1,326.13 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹253 – ₹266 per share |
| Market Lot | 56 Shares |
| Min Order | 56 Shares [ 1 Lot ] |
| Listing At | BSE, NSE |
| Register | MUFG Intime India Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Canara Robeco IPO – Date Schedule
| IPO Open Date | 09 October 2025 |
| IPO Close Date | 13 October 2025 |
| Basis of Allotment | 14 October 2025 |
| Initiation of Refund | 15 October 2025 |
| Credit of Shares to Demat Account | 15 October 2025 |
| IPO Listing Date | 16 October 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 13, 2025 |
Canara Robeco IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 56 | ₹14,896 |
| Retail (Max) | 13 | 728 | ₹1,93,648 |
| S-HNI (Min) | 14 | 784 | ₹2,08,544 |
| S-HNI (Max) | 67 | 3,752 | ₹9,98,032 |
| B-HNI (Min) | 68 | 3,808 | ₹10,12,928 |
Competitive Strength
- Recognized brand with legacy of operations and established parentage.
- Operations led by a professional management team and established corporate governance standards.
- Well-diversified equity products mix backed by a research-driven investment process.
- Pan-India multi-channel sales and distribution network.
- Expanding proportion of AUM contributed by individual investors and SIP contributions.
- Integrated technology-led operations with a well-established digital eco-system.
Company Promoters
- Canara Bank
- ORIX Corporation Europe N.V
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹204.80 Cr | ₹97.78 Cr | ₹79.00 Cr | – |
| 31 March 2024 | ₹318.78 Cr | ₹123.60 Cr | ₹151.00 Cr | – |
| 31 March 2025 | ₹404.00 Cr | ₹146.35 Cr | ₹190.70 Cr | – |
| 30 June 2025 | ₹121.34 Cr | ₹41.46 Cr | ₹60.98 Cr | – |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | – |
| ROCE | – |
| Debt/Equity | – |
| RoNW | 33.22% |
| PAT Margin | – |
| EBITDA Margin | – |
| Pre IPO | Post IPO | |
| EPS (₹) | – | – |
| P/E (x) | – | – |
Object Of The Issue
- The IPO is a complete offer for sale, aimed at providing an exit opportunity to existing shareholders and achieving the benefits of listing on the stock exchanges. The company will not receive any proceeds from the offer.
Canara Robeco IPO Peer Comparison
| S. No. | Face Value (₹) | Company Name | P/E Ratio |
|---|---|---|---|
| 1 | 5 | HDFC Asset Management Company Limited | 48.21 |
| 2 | 10 | Nippon Life India Asset Management Limited | 43.35 |
| 3 | 5 | Aditya Birla Sun Life AMC Limited | 24.60 |
| 4 | 10 | UTI Asset Management Company Limited | 22.83 |
✅Strengths
- One of India’s oldest and most trusted AMCs with strong backing from Canara Bank and ORIX Europe.
- Steady AUM growth with a 28.6% CAGR between FY23–FY25.
- Diversified product portfolio across equity, debt, and hybrid funds.
- Expanding retail and SIP investor base.
- Strong digital ecosystem with over 7 lakh app users.
- Experienced management and investment team ensuring consistent performance.
⚠️Risks
- Revenue depends on market performance and investor sentiment.
- Highly regulated industry; policy changes may impact operations.
- Intense competition from other AMCs.
- Dependence on Canara Bank’s branch network for distribution.
- Exposure to operational and cybersecurity risks.
Canara Robeco IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 75.00% |
Canara Robeco IPO Prospectus
Company Contact Information
| Canara Robeco Asset Management Co.Ltd. Construction House, 4th Floor, 5, Walchand Hirachand Marg, Ballard Estate, Fort, Mumbai, Maharashtra, 400001 Phone: + 91226658500 Email: Secretarial@canararobeco.com Website: https://www.canararobeco/ |
Canara Robeco IPO Registrar
| MUFG Intime India Pvt.Ltd. Phone: +91-22-4918 6270 Email: canararobeco.ipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
Canara Robeco IPO Lead Manager(s)
| 1. Axis Capital Limited 2. JM Financial Limited 3. SBI Capital Markets Limited |
Canara Robeco IPO FAQs
| What is Canara Robeco IPO? Canara Robeco IPO is a main-board IPO. The issue is priced at ₹253 to ₹266 per equity share. The IPO is to be listed on the BSE & NSE. |
| When will Canara Robeco IPO open? The IPO is to open on 09 October 2025 for QIB, NII, and Retail Investors. |
| What is Canara Robeco IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is Canara Robeco IPO Size? Canara Robeco IPO size is ₹1,326.13 Crore. |
| What is the Canara Robeco IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 56 Shares with ₹14,896, while the maximum bid is 728 Shares with ₹1,93,648. |
| What is the Canara Robeco IPO Allotment Date? Canara Robeco IPO allotment date is 14 October 2025. |
| What is the Canara Robeco IPO Listing Date? Canara Robeco IPO listing date is 16 October 2025. The IPO is to be listed on BSE and NSE. |
