Canara Robeco AMC lists on NSE; debuts at premium amid strong demand

Canara Robeco Asset Management Company made its stock market debut on the NSE, opening at a premium to the issue price as institutional demand spilled over from the well-subscribed IPO. Early trade saw active volumes, reflecting investor appetite for asset managers as mutual fund penetration rises. The joint venture between Canara Bank and partners has grown assets across equity and debt schemes, and the listing broadens peer comparables for India’s AMC pack. Analysts will track valuation versus growth leaders and near-term flows from SIPs and HNIs.