16 Oct 2025 | 3 Mins Read
Canara Robeco AMC shares list with 5% price gain
Flipitmoney
Canara Robeco Asset Management Company made a weak stock market debut, listing at Rs 280.25 apiece, 5.36% above the IPO price. The Rs 1,326-crore IPO was subscribed 10 times, with 51% stake owned by Canara Bank and 49% by Orix Corporation. PL Capital initiated coverage with a 'Buy' rating and target price of Rs 320 (20% upside).