09 Oct 2025 | 3 Mins Read
Canara Robeco AMC IPO receives 12% subscription on Day 1, GMP drops
Flipitmoney
Canara Robeco Asset Management Company's IPO received 12% subscription on Day 1 with 41 lakh shares bid against 3.49 crore shares on offer. Retail investors booked 19%, NII 10%, and QIBs made no substantial bid. The IPO aims to raise Rs 1,326 crore through an offer for sale, with no fresh issue component.