New Delhi: Canara Robeco Asset Management Company IPO , a book build issue of Rs 1,326.13 crore, will open for subscription on October 9, 2025 and closes on 13th October. The price band stand is fixed in the range of Rs 253-266 per share, giving a valuation of roughly around Rs 5,300 crore at the upper end. The anchor investors would be allowed to bid for a day on October 8.
The public offer is completely an Offer For Sale (OFS) of 4.98 crore equity shares with no fresh issue component. The promoters — Canara Bank, which has a 51 per cent stake in Canara Robeco and ORIX Corporation Europe NV will offload 2.59 crore shares and 2.39 crore shares, respectively.
As it is an OFS, the company will not receive any funds from the public issue, and the proceeds will go to the selling sharehold