Mumbai, Oct. 10 -- The initial public offer of Canara Robeco Asset Management Company received bids for 1,68,61,824 shares as against 3,48,98,051 shares on offer, according to stock exchange data at 17:00 IST on Friday (10 October 2025). The issue was subscribed 0.48 times.

The issue opened for bidding on 9 October 2025 and it will close on 13 October 2025. The price band of the IPO is fixed between Rs 253 to 266 per share. An investor can bid for a minimum of 56 equity shares and in multiples thereof.

The initial public offer comprises offer for sale of 4,98,54,357 equity shares, aggregating to Rs 1261.32 crore at the lower price of Rs 253 and Rs 1326.13 crore at the upper price band of Rs 266.

The offer for sale from promoters compri...