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The Indian mutual fund industry has experienced strong and sustained growth, supported by a robust domestic economy, steady inflows, and greater participation from retail investors. This expansion has been largely driven by the equity segment, where assets have grown substantially over the past decade. Fiscal 2024 was a particularly strong year, as the industry demonstrated resilience amid challenges, benefiting from a buoyant equity market, healthy economic fundamentals, and increasing investor engagement.
| Detail | Information |
|---|---|
| IPO Open Date | Sep 09, 2025 |
| IPO Close Date | Oct 13, 2025 |
| Price Band | ₹253– ₹266 per share |
| Lot Size | 56 shares |
| Issue Size | ₹13,261 million |
| Listing At | BSE, NSE |
| Tentative Listing Date | To be announced |
Canara Robeco operates as an asset management company engaged in managing mutual funds and offering investment advisory services focused on Indian equities. As of June 30, 2025, the company managed 26 schemes, including 12 equity, 10 debt, and four hybrid schemes, with a quarterly average AUM of ₹1,110.52 billion. Its diversified distribution network enables effective customer reach through third-party distributors, branch sales, and digital platforms.
Canara Robeco delivered a resilient performance in Q1FY26 maintaining strong operational momentum and steady profitability despite a high base effect from FY25. The company’s quarterly average AUM grew 17.3% YoY to ₹1,110.52 billion from ₹946.85 billion in Q1FY25, reflecting continued investor confidence and sustained inflows across equity schemes. Equity-oriented AUM remained dominant at 91.2% of total AUM, indicating the company’s strong positioning in the equity segment. The B-30 share of AUM increased to 25.1% from 24.4% a year earlier, underscoring deeper retail penetration beyond top cities, while direct plan participation was stable at around 33%, reflecting growing investor sophistication.
On the retail side, the SIP book showed healthy stability with 2.14 million accounts and a monthly contribution of ₹7.47 billion, supported by resilient long-term retail participation despite volatile markets. Financially, revenue from operations rose to ₹1.21 billion in Q1FY26, marking a 21% YoY increase, aided by a higher average AUM base and favourable equity mix. Operating margin improved marginally to 46.9% from 46.2%, while the cost-to-income ratio remained under control with total expenses at 53.1%. PAT stood at ₹610 million, up from ₹510 million a year ago.
Objects of the issue:
- OFS Issue- ₹13261.26 million
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