The initial public offering of Canara Robeco Asset Management Company Limited opens for subscription on Thursday, 9 October, and closes on Monday, 13 October. The price band is set between Rs 253 and Rs 266 per equity share of face value Rs 10. Investors can apply for a minimum lot size of 56 shares. The minimum investment for retail investors is Rs 14,896 at the lower end of the price band. Advertisement

The IPO is an offer-for-sale of 4.98 crore shares, with no fresh issue. Basis of allotment is expected on Tuesday, 14 October, refunds on Wednesday, 15 October, and shares credited to demat accounts on the same day. Listing on BSE and NSE is likely on Thursday, 16 October.

The lead managers are SBI Capital Markets, Axis Capital, and JM Financial. Reservations: not more than 50% for qua

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