Canara Robeco IPO: GMP and subscription status review

livemint.com

Canara Robeco Asset Management Company's IPO opened on October 9, 2025, aiming to raise ₹1,326.13 crore through an Offer for Sale. The IPO, priced between ₹253 and ₹266 per share, has a Grey Market Premium of ₹35. Subscription on day one was 0.23 times overall. Analysts suggest subscribing for the long term due to attractive valuations and expected growth in the AMC sector, despite the issue being entirely an OFS.


With a significance score of 0.9, this news ranks in the top 79% of today's 33388 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: