Price Band
₹309 - ₹325
Lot Size
46
Issue Size
₹451.25 Cr
GMP
N/A
Subscription
9.74x
Analyzing...
IPO Schedule
1
Open
19 Aug 2025
2
Close
21 Aug 2025
3
Allotment
14 Oct 2025
4
Listing
16 Oct 2025
About Canara Robeco Asset Management Company Ltd
Canara Robeco Asset Management Company Ltd. is a well-established asset management company in India, managing a diverse portfolio of mutual fund schemes across equity, debt, and hybrid categories. It benefits from the strong brand name and distribution network of its parent companies, Canara Bank and Robeco.
Key Strengths
- Strong parentage and brand recognition with Canara Bank and Robeco
- Diversified product portfolio across equity, debt, and hybrid funds
- Extensive distribution network leveraging Canara Bank's branch network
- Experienced management team with a proven track record
- Healthy ROE of 18.80% indicating efficient capital utilization
Risk Factors
- •Dependence on market performance and fluctuations in investor sentiment
- •Intense competition from other established and emerging asset management companies
- •Changes in regulatory policies and guidelines governing the mutual fund industry
Valuation Analysis
The IPO is priced at a P/E of 28.52, which appears reasonable compared to some listed peers, but investors should carefully evaluate future growth prospects in the context of overall market conditions to determine if the valuation is justified.
IPO Details
ExchangeBSE
SegmentMAINBOARD
ISININE06XZ01023
NSE SymbolGEMAROMA
Face Value₹2
Lot Size46
Issue Size₹451.25 Cr
Key Metrics
ROE25
ROCE30
P/E Ratio20
Industry P/E20
EPS11.39
PAT Margin10.56%
Debt/Equity0.1
Growth & Quality
Revenue Growth (YoY)18.9%
ProfitableYes ✓
Anchor Investors75
Subscription
Total0.21x
Imbalance Ratio2.4x
Documents
Registrar
LINK
Key Dates
Open Date19 Aug 2025
Close Date21 Aug 2025
Allotment14 Oct 2025
Listing16 Oct 2025