The final day of subscription will be Oct. 13. (Photo Source: Gemini AI) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The initial public offering of Canara Robeco Asset Management Co. was subscribed 0.39 times as of 03:12 p.m. on Oct. 10 , marking the second day of bidding.

Investors can apply for shares in the range of Rs 253 and 256 apiece. Bids can be made for a minimum of 56 equity shares of face value of Rs 10 each, requiring an investment of Rs 14,336 crore. The final day of subscription will be Oct. 13.

Canara Robeco AMC raised nearly Rs 400 crore from large institutions in the pre-IPO anchor round on Wednesday.

The allotment of shares to IPO investors will be finalised by Oct. 14. Canara Robeco AMC will list on the BSE and NSE on Oct. 16.

Held by government-

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