Canara Robeco Asset Management Company (AMC) made a steady market entry on October 16, 2025, with its shares listing at ₹280.25 per share — up 5.4% from the issue price of ₹266. Although not a huge listing gain, the debut was considered stable and positive by analysts. 👉 Source: Economic Times
Canara Robeco Share Price
IPO Details
Price Band: ₹253 – ₹266 per share
Issue Size: ₹1,326 crore
IPO Type: Pure Offer for Sale (OFS), meaning no fresh shares were issued — only existing shareholders (Canara Bank & ORIX Corporation Japan) sold their holdings.
Listing Day Highlights
Listing Price: ₹280.25 (+5.4% premium)
Intraday High: ₹315 (~18% gain from IPO price)
Reuters reported that shares traded as high as ₹302 during the first trading session.
GMP & Market Buzz
Before listing, the Grey Market Premium (GMP) stood
around ₹21 — suggesting a 7–8% listing gain. The actual listing almost matched that estimate, indicating fair valuation and moderate demand.
About the Company
Canara Robeco AMC is one of India’s oldest and most reputed mutual fund companies, jointly owned by Canara Bank (India) and ORIX Corporation (Japan). The company focuses on mutual fund management, retail expansion, and long-term wealth building.
Risks & Investor Advice
As this was an OFS issue, no new capital was raised for growth.
AMC business depends heavily on mutual fund inflows and market stability.
Investors are advised to focus on long-term AUM growth before taking a large position.
Experts’ View
Analysts consider Canara Robeco a safe, long-term play in the financial sector. The company has a solid reputation, consistent AUM growth, and strong promoter backing.
Disclaimer
All details in this article are verified from reliable sources (Economic Times, Moneycontrol, Reuters, Livemint). Prices mentioned are based on 16 October 2025 listing day. Stock prices may change anytime — always check live data on NSE/BSE official websites or through trusted stock apps before investing.
