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Canara Robeco AMC Share Price, IPO Listing, GMP Live Updates: The shares of Canara Robeco Asset Management Company IPO are all set to hit the bourses today, October 16. The grey market premium shot up to 8.3% a day ahead of listing, signalling that investors’ buying has increased in the stock.

Canara Robeco AMC opened its subscription on October 09 and closed it on October 13. The company raised a sum of Rs 1,326.13 crore via an offer for sale of 4.99 crore shares. Canara Robeco had set the bidding price between Rs 253 to Rs 266 per equity share.

SBI Capital Markets is the book-running lead manager for the IPO.

The firm is an asset management company in India, serving as the investment manager for Canara Robeco Mutual Fund. The company’s headquarters are locat

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