Author: Aarya Shah | EQMint | Market News
The wait is finally over for thousands of investors who subscribed to the Canara Robeco Asset Management Company (AMC) IPO. The allotment for one of the most talked-about public issues of October 2025 is being finalised today, and the excitement is palpable across market circles.
With the Grey Market Premium (GMP) inching up by nearly 4%, all eyes are now on the allotment outcome and the company’s potential debut performance when it lists on the exchanges later this week.
Strong Demand Across Investor Categories
The Canara Robeco AMC IPO witnessed robust investor participation, drawing attention from all segments. On the final day of bidding, the IPO was subscribed around 9.74 times overall, reflecting a healthy appetite from institutional and retail investors alike.
- Qualified Institutional Buyers (QIBs) led the show with a subscription of nearly 26 times, indicating strong confidence from mutual funds, insurance firms, and foreign institutional investors.
- Non-Institutional Investors (NIIs) subscribed around 6.5 times, showing solid interest from high-net-worth individuals.
- Retail investors too participated actively, subscribing around 1.9 times — a respectable figure for a sector-focused financial services offering.
The company’s strong parentage, steady performance in asset management, and long-standing reputation helped it attract significant attention in a market already buoyed by a series of successful IPOs this year.
Issue Details and Price Band
The Canara Robeco AMC IPO was an Offer for Sale (OFS), meaning no new shares were issued by the company. Instead, existing promoters divested part of their holdings to unlock value.
- Price Band: ₹253 to ₹266 per share
- Lot Size: 56 shares per lot
- Total Issue Size: Approximately ₹1,326 crore
The company aims to enhance visibility in the capital markets while providing an exit route for existing shareholders.
Grey Market Premium (GMP) Trends
The GMP, often seen as a key indicator of market sentiment ahead of listing, has shown mild but positive momentum. Initially, before the issue opened, the GMP hovered around ₹35 per share. However, as the subscription window progressed, it settled near ₹13 per share by the final day.
This roughly translates to a 4–5% premium over the upper price band, indicating modest but encouraging listing gains. Market observers say that the slightly lower GMP compared to early expectations reflects realistic pricing amid overall market volatility.
Still, a positive GMP suggests that the stock could list with gains, rewarding long-term investors who trust the fundamentals of the Canara Robeco brand.
Allotment Date and Listing Schedule
According to the IPO timeline, the Canara Robeco AMC IPO allotment will be finalised today, followed by refund initiation and demat credit over the next two working days. The listing date on both the BSE and NSE is expected to be October 16, 2025.
Investors who are allotted shares will see them reflected in their demat accounts shortly before the listing date. Those who do not receive an allotment will have their blocked funds released back to their bank accounts automatically.
How to Check Canara Robeco AMC IPO Allotment Status
If you applied for the IPO, you can easily check your allotment status through official platforms once it’s finalised. Here’s how:
1. Through the Registrar’s Website
The IPO registrar, MUFG Intime India Pvt Ltd, provides an online interface for allotment checking. You can search using your PAN number, application number, or DP ID/client ID. Once entered, the system will display whether shares have been allotted to you.
2. Through the BSE IPO Portal
Visit the BSE IPO allotment page, select Equity under issue type, choose Canara Robeco AMC from the dropdown, and enter your application number and PAN. The portal will show your allotment status in real-time.
3. Through Your Broker or Demat Account
Many brokers such as Zerodha, Groww, Upstox, and Angel One send direct notifications once the allotment is confirmed. You can also check under the IPO section in your broker’s app or website.
If allotted, the shares will appear in your demat holdings before the listing date. If not, your blocked funds will be released by your bank or broker within 1–2 working days.
Investor Sentiment and Market Outlook
The positive subscription data and stable GMP suggest that the Canara Robeco AMC IPO has managed to strike the right chord with investors. Analysts believe that the company’s strong track record, growing AUM (Assets Under Management), and association with the reputed Canara Bank brand have built investor confidence.
The mutual fund industry in India has been on an upward trajectory, supported by increasing financial literacy and higher participation from retail investors. This macro environment further strengthens the long-term growth outlook for Canara Robeco AMC.
However, experts also caution that short-term listing gains might be modest due to the fully priced nature of the issue. Investors looking for quick profits may see limited upside, but those with a long-term perspective could benefit from the company’s consistent growth and stable management.
Conclusion
For investors, today marks a crucial milestone in the Canara Robeco AMC IPO journey. With the allotment being finalised and a 4% uptick in GMP, market expectations remain upbeat.
Those who are allotted shares can look forward to the listing on October 16, while others can plan to reallocate funds toward upcoming IPOs. Regardless of the outcome, the Canara Robeco AMC listing is set to add another strong name to India’s growing roster of listed asset management companies — and the buzz around it shows that investor enthusiasm for financial sector IPOs is far from fading.
Disclaimer: This article is based on information available from public sources. It has not been reported by EQMint journalists. EQMint has compiled and presented the content for informational purposes only and does not guarantee its accuracy or completeness. Readers are advised to verify details independently before relying on them.
