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CanaraRobecoAssetManagementCo.Ltd IPO

Canara Robeco Asset Management Co.Ltd
Start Date09-10-2025
Application Timing10am-5pm
Price Range₹253 - ₹266
Min Qty56
Min. Investment₹14896
Listing Date16-10-2025
Close Date13-10-2025

About Canara Robeco Asset Management Co.Ltd

Canara Robeco Asset Management Company Ltd. (CRAMC), incorporated in 1993, is one of the oldest and most trusted asset management firms in India. It serves as the investment manager for Canara Robeco Mutual Fund, offering a wide range of investment products including equity, debt, and hybrid schemes.

Headquartered in Mumbai, Maharashtra, the company operates as a joint venture between Canara Bank and Orix Corporation Europe N.V. (formerly Robeco Group N.V.). As of December 31, 2024, the company managed 25 schemes, comprising 14 equity-oriented (12 equity and 2 hybrid) and 11 debt-oriented (10 debt and 1 hybrid) schemes.

CRAMC has a strong nationwide presence, serving investors across 23 cities, 14 states, and 2 union territories through a network of 23 branches. Its extensive distribution network includes 49,412 partners, consisting of Canara Bank, 44 other banks, 259 national distributors, and over 49,000 mutual fund distributors (MFDs), ensuring deep market reach and accessibility.

In financial performance, the company has shown consistent growth. For the nine months ending December 31, 2024, CRAMC reported total income of Rs. 303.05 crore and profit after tax of Rs. 148.98 crore, reflecting strong profitability and operational efficiency.

Why To Invest in Canara Robeco Asset Management Co.Ltd

Strong Brand Heritage: Backed by Canara Bank and Orix Corporation Europe N.V., Canara Robeco benefits from robust financial support and industry expertise.

Consistent Financial Growth: The company’s profit after tax increased from Rs. 60.16 crore in FY22 to Rs. 148.98 crore as of December 2024, showcasing steady financial performance.

Diversified Product Portfolio: With offerings across equity, debt, and hybrid schemes, CRAMC caters to varied investor needs and risk appetites.

Extensive Distribution Network: The wide base of distribution partners across India enhances market penetration and investor accessibility.

Expanding Mutual Fund Industry: India’s mutual fund industry continues to grow rapidly, and Canara Robeco is strategically positioned to benefit from this trend.

Financial Table
Period Ended 31 Dec 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets616.90516.81377.97315.68
Total Income 303.05 318.78204.80 164.42
Profit After Tax 148.98151.0079.0060.16
Net Worth 558.35454.49328.55272.19
Reserves and Surplus 358.93404.64278.70222.34
Strengths And Risks
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Strong Promoter Backing: The company is backed by reputed financial institutions Canara Bank and Orix Corporation Europe N.V., ensuring strong financial stability, trust, and long-term credibility in the asset management business.
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Robust Financial Track Record: Canara Robeco AMC has demonstrated steady revenue and profit growth over the past few years. Its consistent profitability reflects efficient fund management and operational excellence.
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Diverse Product Portfolio: The company offers a wide range of mutual fund products across equity, debt, and hybrid categories. This diversified portfolio helps in managing risks effectively and catering to different investor preferences.
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Extensive Distribution Network: With over 49,000 distribution partners across India, including banks, national distributors, and mutual fund agents, the company ensures easy accessibility and strong investor reach across multiple regions.
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Growing AUM and Market Presence: Canara Robeco AMC continues to expand its Assets Under Management (AUM), driven by rising investor confidence and increasing mutual fund adoption across the country.
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Offer for Sale (OFS) Structure: The IPO is a complete Offer for Sale, meaning no new capital will be raised for company expansion. All proceeds will go to existing shareholders.
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Exposure to Market Volatility: Being an asset management company, its performance is highly dependent on market movements and investor sentiment, which may impact revenues during volatile periods.
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Competitive Industry Landscape: The mutual fund sector in India is highly competitive, with numerous established players. Sustaining market share requires continuous innovation and strong fund performance.
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Regulatory and Policy Risks: Changes in SEBI guidelines, taxation policies, or mutual fund regulations could impact the company’s operations, profitability, and investor inflows.
FAQs
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