Canara Robeco Asset Management Company IPO Date, Review, Price and Key Information

Canara Robeco Asset Management Company Limited IPO is fully book build issue and total IPO size is ₹[.] crores. The entire share offering is an offer for sale of 49854357 shares.

The dates for the Canara Robeco Asset Management Company Limited IPO have not been announced yet. The allotment process is expected to be finalized by [.].

The Canara Robeco Asset Management Company Limited IPO is scheduled to list on BSE, NSE, with a listing date of [.]. The price band for the Canara Robeco Asset Management Company Limited IPO has not been announced yet.

Registrar for this IPO is Mufg Intime India Private Limited and lead managers for Canara Robeco Asset Management Company Limited IPO are Sbi Capital Markets Limited, Axis Capital Limited, Jm Financial Limited.

IPO Schedule

IPO Open Date	-
IPO Close Date	-
IPO Allotment Date	-
Refund Initiation	-
Share credit in Demat	-
Listing Date	-

Key Details

Price Band	TBA
Lot Size	TBA
Face Value	₹10 Per Equity Share
Total Issue Size	49,854,357 Shares
Fresh Issue	-
OFS Issue	49,854,357 Shares
Issue Type	Offer for Sale
Listing At	BSE, NSE

Share Reservation

Investor Category	Shares Offered
QIB	50%
Retail	35%
NII/HNI	15%

About Canara Robeco Asset Management Company Limited Company

Canara Robeco Asset Management Company, India's second oldest AMC, manages a diverse portfolio of mutual funds. As of December 31, 2024, they managed 25 schemes comprising 12 equity schemes, 10 debt schemes and three hybrid schemes.

Their Quarterly Average Assets Under Management (QAAUM) stood at ₹ 108,366 crore as of December 31, 2024. Equity-oriented schemes constituted a significant portion, with QAAUM of ₹ 1,00,959 crore. Debt-oriented schemes contributed ₹ 7,407 crore. The share of equity-oriented QAAUM to total QAAUM has increased to 91.66% as of March 31, 2024,

Canara Robeco emphasizes a strategic investment process, focusing on competent management and robust fundamentals for equity schemes and prioritizing safety and liquidity for debt schemes. The total folios invested in Canara Robeco schemes were 4.97 million out of which 4.92 million were individual customer folios, representing 98.99% of total folios (December 31, 2024).

Canara Robeco Asset Management Company Limited Financial Details

Period Ended	31 Dec 2024	31 Dec 2023	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	616.90	463.54	516.81	377.97	315.68
Revenue	302.89	222.91	318.09	204.60	164.22
Profit After Tax	148.98	106.22	151.00	79.00	60.16
Net Worth	558.35	409.63	454.49	328.55	272.19
Reserves and Surplus	358.93	359.78	404.64	278.70	222.34
Total Borrowing	0.00	0.00	0.00	0.00	0.00

₹ In Crore

Key Performance Indicator

Basic EPS (in ₹)	Return on Net Worth (RoNW)	Net Asset Value (NAV)	Debt-Equity Ratio	Return on Equity (ROE)	Return on Capital Employed (ROCE)
7.57	33.22%	91.16	NA	NA	NA

Offer Objectives

The shareholding pattern reveals that the Promoter and Promoter Group hold 19.94 crore shares, representing 100% of the total shareholding. There are 8 shareholders under this category. The public and Non Promoter-Non Public categories holds zero shares. All the shares are fully paid up.

Major shareholders include Canara Bank, holding 10.17 crore shares (51%), and ORIX Corporation Europe N.V., holding 9.77 crore shares (49%). These figures are based on the beneficiary position statement dated April 22, 2025. This shareholding structure was consistent ten days prior to filing the Draft Red Herring Prospectus.

One year prior to filing, Canara Bank held 2.54 crore shares (51%), and ORIX Corporation Europe N.V. held 2.44 crore shares (49%). The same shareholding pattern existed two years prior to filing.

The company has an ESOP Scheme 2025 in place, potentially issuing up to 39.88 lakh equity shares to eligible employees. No options have been granted as of the date of the Draft Red Herring Prospectus. There will be no further issue of equity shares or alteration of the capital structure until the shares are listed.

The offer includes an Offer for Sale of up to 4.98 crore Equity Shares. Listing on the stock exchanges aims to enhance visibility and provide liquidity. The company will not receive any proceeds from the offer. The total estimated expenses for the offer is approximately ₹[●] million which will be incorporated at the time of filing of the prospectus. The company will be bearing solely the listing fees, all the offer expenses will be borne by the Promoter Selling Shareholders in proportion to the number of Equity Shares issued and/or transferred.