Canara Robeco Asset Management Co. Ltd. will be finalising its IPO share allotment status on Tuesday, October 14, after witnessing a lukewarm subscription of its public offer.

The bookbuilding issue worth ₹ 1,326.13 crore has garnered a total of 33,99,83,168 bids for its IPO, against 3,48,98,051 equity shares on offer for the issue, translating to a subscription of 9.74 times.

Canara Robeco AMC IPO remained open for subscription for three days, from October 9 to October 13.

The retail portion of the mainboard IPO was booked by a bleak 1.91 times, while the Non-Institutional Investors (NIIs) category noted a subscription of 6.45 times. The Qualified Institutional Buyers (QIBs) category saw a subscription of 25.92 times.

Canara Robeco AMC’s IPO is an ‘offer for sale’ with a lot size of

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