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CRAMC
LISTEDInvestors can bid for minimum 56 shares and in multiples. The table shows min-max investment by Retail and HNI.
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(min) | 1 | 56 | ₹14,896 |
Retail(max) | 13 | 728 | ₹1.94L |
SHNI(min) | 14 | 784 | ₹2.09L |
SHNI(max) | 67 | 3,752 | ₹9.98L |
BHNI(min) | 68 | 3,808 | ₹10.13L |
Note: Lot size is 56 shares at ₹266/share (₹₹14,896/lot).Limits: Retail ₹0-₹2L, sHNI ₹2L-₹10L, bHNI >₹10L.
Canara Robeco Asset Management Company Limited is India's second-oldest AMC and a joint venture between Canara Bank (51% stake) and ORIX Corporation Europe (49%). It manages 26 mutual fund schemes with a strong focus on equity-oriented schemes constituting over 91% of its assets under management (AUM). As of June 2025, the company's average AUM was around ₹1.11 lakh crores, predominantly from retail and individual investors.
The Canara Robeco AMC IPO offers a strong brand, market leadership, solid financials, and favorable industry growth prospects. However, as a 100% offer for sale with no fresh capital raised, it does not provide direct funding for expansion. The valuation is reasonable compared to peers, and grey market premiums suggest healthy listing gains. The key risks include equity market sensitivity, regulatory changes, and promoter stake reduction. This makes the IPO suitable for investors looking for short to medium-term listing gains rather than pure long-term value investment.
Analyst Notes: Automated research generated via Perplexity AI