NEW DELHI, Oct 6: Canara Robeco Asset Management Company on Monday fixed a price band of Rs 253-266 per share for its upcoming Initial Public Offering (IPO), giving a valuation of roughly around Rs 5,300 crore at the upper end. The asset management company’s Rs 1,326 crore IPO would open for subscription on October 9 and conclude on October 13. The one-day bidding for anchor investors would open for a day on October 8, according to its public announcement. The IPO is a completely an Offer For Sale (OFS) of 4.98 crore equity shares with no fresh issue component. Under the OFS, promoters — Canara Bank and ORIX Corporation Europe NV (previously known as Robeco Groep NV) — will offload 2.59 crore shares and 2.39 crore shares, respectively. Canara Bank owns a 51 per cent stake in Ca

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