Canara Robeco AMC lists ~13% above issue; first AMC IPO of 2025
Canara Robeco AMC listed ~13% above issue price, buoyed by strong demand and favorable industry tailwinds in mutual funds.
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1 day agoCanara Robeco AMC lists ~13% above issue; first AMC IPO of 2025
Canara Robeco Asset Management debuted on the NSE at ₹302 versus an issue price of ₹266, implying ~13% listing gains and valuing the company near ₹60,000 crore. The ~₹1,200 crore IPO was roughly 10x subscribed, with strong institutional participation. The listing underscores appetite for asset managers amid robust retail SIP flows and rising equity penetration. Key debates now center on growth versus fees, operating leverage, and competition from larger incumbents. Brokerages flagged constructive long-term prospects tied to financialization and equity adoption.
positive
1 day agoCanara Robeco AMC lists ~13% above issue; first AMC IPO of 2025
Canara Robeco Asset Management debuted on the NSE at ₹302 versus an issue price of ₹266, implying ~13% listing gains and valuing the company near ₹60,000 crore. The ~₹1,200 crore IPO was roughly 10x subscribed, with strong institutional participation. The listing underscores appetite for asset managers amid robust retail SIP flows and rising equity penetration. Key debates now center on growth versus fees, operating leverage, and competition from larger incumbents. Brokerages flagged constructive long-term prospects tied to financialization and equity adoption.
positive
Canara Robeco AMC lists ~13% above issue; first AMC IPO of 2025
1 day ago
1 min read
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Canara Robeco AMC listed ~13% above issue price, buoyed by strong demand and favorable industry tailwinds in mutual funds.
Canara Robeco Asset Management debuted on the NSE at ₹302 versus an issue price of ₹266, implying ~13% listing gains and valuing the company near ₹60,000 crore. The ~₹1,200 crore IPO was roughly 10x subscribed, with strong institutional participation. The listing underscores appetite for asset managers amid robust retail SIP flows and rising equity penetration. Key debates now center on growth versus fees, operating leverage, and competition from larger incumbents. Brokerages flagged constructive long-term prospects tied to financialization and equity adoption.
Canara Robeco Asset Management debuted on the NSE at ₹302 versus an issue price of ₹266, implying ~13% listing gains and valuing the company near ₹60,000 crore. The ~₹1,200 crore IPO was roughly 10x subscribed, with strong institutional participation. The listing underscores appetite for asset managers amid robust retail SIP flows and rising equity penetration. Key debates now center on growth versus fees, operating leverage, and competition from larger incumbents. Brokerages flagged constructive long-term prospects tied to financialization and equity adoption.
Companies:
Canara Robeco AMC
Tags:
ipo
mutual_funds
ipo
mutual_funds
markets
india
asset management
Source:
Oct 16, 2025 • 10:52 IST