Canara Robeco AMC surges 13% in trading debut
Canara Robeco AMC shares leap 13% on debut, marking a standout listing in India’s asset management space.
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1 day agoCanara Robeco AMC surges 13% in trading debut
Canara Robeco Asset Management Company saw its shares jump 13% above the IPO price in its first day of trading, valuing it at around ₹60 billion. The listing followed an IPO that was nearly ten times subscribed, largely driven by institutional investor demand. The company opened at ₹302 against an issue price of ₹266. Analysts are now comparing its growth trajectory with established AMCs, noting strong retail flows into equity funds. This represents a rare public debut in India’s asset management sector this year.
positive
1 day agoCanara Robeco AMC surges 13% in trading debut
Canara Robeco Asset Management Company saw its shares jump 13% above the IPO price in its first day of trading, valuing it at around ₹60 billion. The listing followed an IPO that was nearly ten times subscribed, largely driven by institutional investor demand. The company opened at ₹302 against an issue price of ₹266. Analysts are now comparing its growth trajectory with established AMCs, noting strong retail flows into equity funds. This represents a rare public debut in India’s asset management sector this year.
positive
Canara Robeco AMC surges 13% in trading debut
1 day ago
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Canara Robeco AMC shares leap 13% on debut, marking a standout listing in India’s asset management space.
Canara Robeco Asset Management Company saw its shares jump 13% above the IPO price in its first day of trading, valuing it at around ₹60 billion. The listing followed an IPO that was nearly ten times subscribed, largely driven by institutional investor demand. The company opened at ₹302 against an issue price of ₹266. Analysts are now comparing its growth trajectory with established AMCs, noting strong retail flows into equity funds. This represents a rare public debut in India’s asset management sector this year.
Canara Robeco Asset Management Company saw its shares jump 13% above the IPO price in its first day of trading, valuing it at around ₹60 billion. The listing followed an IPO that was nearly ten times subscribed, largely driven by institutional investor demand. The company opened at ₹302 against an issue price of ₹266. Analysts are now comparing its growth trajectory with established AMCs, noting strong retail flows into equity funds. This represents a rare public debut in India’s asset management sector this year.
Companies:
Canara Robeco AMC
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ipo
mutual_funds
ipo
mutual_funds
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india
Source:
Oct 16, 2025 • 08:27 IST