Canara Robeco IPO fully subscribed, led by institutions
Canara Robeco IPO oversubscribed 2.3x, QIBs lead demand.
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3h agoCanara Robeco IPO fully subscribed, led by institutions
Canara Robeco Asset Management’s IPO closed fully subscribed on the final day, with bids worth ₹21.23 billion vs 34.9 million shares on offer. Qualified Institutional Buyers (QIBs) subscribed four times their allocation, while retail subscribed 1.37×. The IPO values the firm at up to ₹53.05 billion at the top of its ₹253–₹266 price band. Shares are slated to list on October 16. The result highlights robust investor appetite in the AMC space.
positive
3h agoCanara Robeco IPO fully subscribed, led by institutions
Canara Robeco Asset Management’s IPO closed fully subscribed on the final day, with bids worth ₹21.23 billion vs 34.9 million shares on offer. Qualified Institutional Buyers (QIBs) subscribed four times their allocation, while retail subscribed 1.37×. The IPO values the firm at up to ₹53.05 billion at the top of its ₹253–₹266 price band. Shares are slated to list on October 16. The result highlights robust investor appetite in the AMC space.
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Canara Robeco IPO fully subscribed, led by institutions
about 3 hours ago
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Canara Robeco IPO oversubscribed 2.3x, QIBs lead demand.
Canara Robeco Asset Management’s IPO closed fully subscribed on the final day, with bids worth ₹21.23 billion vs 34.9 million shares on offer. Qualified Institutional Buyers (QIBs) subscribed four times their allocation, while retail subscribed 1.37×. The IPO values the firm at up to ₹53.05 billion at the top of its ₹253–₹266 price band. Shares are slated to list on October 16. The result highlights robust investor appetite in the AMC space.
Canara Robeco Asset Management’s IPO closed fully subscribed on the final day, with bids worth ₹21.23 billion vs 34.9 million shares on offer. Qualified Institutional Buyers (QIBs) subscribed four times their allocation, while retail subscribed 1.37×. The IPO values the firm at up to ₹53.05 billion at the top of its ₹253–₹266 price band. Shares are slated to list on October 16. The result highlights robust investor appetite in the AMC space.
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Canara Robeco Asset Management
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