Canara Robeco AMC IPO: Allotment Status, Subscription, and Key Details

The Canara Robeco AMC IPO is creating significant buzz in the market, having witnessed an impressive response from investors. The Rs 1,326.13-crore issue drew a 9.74 times subscription, highlighting the strong interest in the asset management sector. Here’s everything you need to know about the IPO allotment status, subscription details, and how to check your share allocation.

Market Response and Subscription Highlights

Investors lined up enthusiastically for the IPO, which opened from October 9 to October 13. The IPO was offered at a price range of Rs 253 to Rs 266 per share.and before the subscription window opened, the company secured Rs 398 crore from anchor investors.

The strong subscription indicates growing investor confidence in Canara Robeco AMC’s growth prospects and the broader asset management industry.

Key points:

• IPO Size: Rs 1,326.13 crore
• Price Band: Rs 253-266 per share
• Anchor Investment: Rs 398 crore
• Subscription: 9.74 times

Canara Robeco AMC IPO Allotment Status

The share allotment for Canara Robeco AMC IPO is expected to be finalized on October 14. Investors can view their IPO allotment status on the official registrar’s website or via stock exchange portals.

Checking Allotment Status on MUFG Intime

MUFG Intime India Pvt Ltd (formerly Link Intime India Pvt Ltd) is the official registrar for the IPO. Follow these steps:

1. Visit MUFG Intime IPO page
2. Select ‘Canara Robeco AMC’ from the dropdown menu
3. Enter PAN, application number, or DP client ID
4. Press Submit
5. Your allotment status will be displayed immediately

Checking Status on NSE

1. Open NSE IPO page
2. Select Equity & SME IPO bid details and choose ‘Canara Robeco AMC’
3. Enter PAN or IPO Application Number
4. Click Submit to view allotment

Checking Status on BSE

1. Go to BSE IPO page
2. Select Equity as the issue type
3. Enter Issue Name and PAN number
4. Click Search
5. The allotment status will be displayed

What This Means for Investors

The IPO’s strong subscription reflects investor interest in asset management companies and highlights Canara Robeco AMC’s position in the industry. The allotment process is now the final step for investors who participated in the IPO before shares are listed on stock exchanges.

Listing Date: The shares are scheduled to begin trading on NSE and BSE on October 16, marking the completion of the IPO process from subscription to market debut.

Summary

Canara Robeco AMC’s IPO journey has been a story of strong market engagement:

• IPO Size: Rs 1,326.13 crore
• Price Band: Rs 253-266 per share
• Anchor Funding: Rs 398 crore
• Subscription: 9.74 times
• Allotment Date: October 14
• Listing Date: October 16

Investors can now easily track their IPO share allotment using MUFG Intime, NSE, or BSE platforms. This structured approach ensures transparency and a smooth experience from IPO subscription to listing.