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Canara Robeco Life IPO Subscription Day 3

Posted by : sachet | Mon Oct 13 2025

Canara Robeco Life IPO Subscription Day 3

Here is the final call for the Canara Robeco Life IPO launched on 9th October 2025. The bidding for the issue will close today, on 13th October 2025. The primary aim of the Canara Robeco Life IPO is to raise ₹1,326.13 crores from the market. Also, the Canara Robeco Life IPO has received strong subscription, indicating that shares will be listed at an impressive premium. Scroll down to check the Canara Robeco Life IPO subscription and details. 

Canara Robeco Life IPO Details 

IPO Open Date9th October 2025
Face Value ₹1 per share
Price Band₹253 to ₹266 per share
Lot Size56 shares
Issue TypeBookbuilding IPO
Listing AtBSE & NSE
IPO Close Date 13th October 2025
Listing Date 16th October 2025

The price band for the Canara Robeco Life IPO has been set at ₹253 to ₹266 per share, with a total of 5,33,34,303 shares issued. Let’s segregate the share quota fixed for different categories of investors. 

Investor CategoriesShares Offered% of shares offered
QIB Shares Offered2,84,07,12453.26%
NII Shares Offered 74,78,15414.02%
Retail Shares Offered1,74,49,02532.72%
Total Shares Offered5,33,34,303100.00%

Canara Robeco Life IPO Subscription Status

As of now, the Canara Robeco Life IPO has been subscribed to 9.70 times. Of these, 1.84 times are subscribed by retail investors, 6.40 times by non-institutional investors, and 25.92 times by QII (Qualified Institutional Investors).  

The healthy subscription status indicates that investors are expecting higher returns at the time of the Canara Robeco Life IPO listing on 16th October 2025. Canara Robeco Life’s IPO also has a positive outlook, with a offer for sale of 4.99 crore shares to raise around Rs 1,326.13 crores.

Canara Robeco Life IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Canara Robeco Life IPO GMP for 13th October 2025. 

The grey market premium for this IPO is 3.38% or Rs 9 per share. It indicates that the estimated listing price per share is Rs 275. Numerous factors played a pivotal role in this jump in the GMP of Canara Robeco Life’s IPO. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs. 

GMP DateIPO PriceGMPEstimated Listing Price Estimated Listing Gains
13-10-2025₹266.00₹9.00₹275.003.38%
12-10-2025₹266.00₹8.00₹274.003.01%
11-10-2025₹266.00₹18.00₹284.006.77%
10-10-2025₹266.00₹20.00₹286.007.52%
9-10-2025₹266.00₹21.00₹287.007.89%
8-10-2025₹266.00₹35.00₹301.0013.16%
7-10-2025₹266.00₹35.00₹301.0013.16%
6-10-2025₹266.00₹0.00₹266.000.00%
5-10-2025₹266.00₹0.00₹266.000.00%

About Canara Robeco Life IPO Ltd.

Canara Robeco Limited, established in 1993, is the parent company of Canara Robeco Asset Management Company Limited (CRAMC), an asset management firm in India that serves as the investment manager for Canara Robeco Mutual Fund. The company’s headquarters are located in Mumbai, Maharashtra, India. It operates as a joint venture between Canara Bank and Orix Corporation Europe N.V. (formerly Robeco Group N.V.). CRAMC offers a diverse range of investment options, including equity, debt, and hybrid schemes. As of June 30, 2025, out of the 26 schemes that the company managed, 15 are equity-oriented schemes (inclusive of 12 equity schemes and three (3) hybrid schemes), while the remaining 11 are debt-oriented schemes (inclusive of 10 debt schemes and one (1) hybrid scheme). Canara Robeco Asset Management Company Ltd. has a nationwide presence, directly serving customers in over 23 cities across 14 states and two union territories through a network of 25 branches as of June 30, 2025. 

Canara Robeco Life IPO Limited Financials

The company’s financial analysis is essential before applying for the Canara Robeco  IPO. Refer to the table to learn about Canara Robeco Limited’s financial information. 

Year Ended31st March 2025 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)
Assets674.03516.81377.97
Revenue404.00318.78204.80
Profit After Tax190.70151.0079.00
Net Worth600.06454.49328.55
EBITDA264.08201.14112.89
Reserve and Surplus400.64404.64278.70
Total Borrowing

Explanation

Canara Robeco Limited’s revenue increased by 27% from ₹318.78 crore in March 2024 to ₹404.00 crore in March 2025. Moreover, the company’s PAT rose by 26% from ₹151.00 crores to ₹190.70  crores.

Technical Indicators

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Canara Robeco Life IPO.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) 
EPS (Earnings Per Share)
RoNW36.17%
ROCE
ROE29.02%
EBITDA Margin0.26%
Price to Book Value
Market Capitalisation

Canara Robeco Life IPO Listing Expectations

Canara Robeco Life IPO Highlights: IPO allotment is still pending, as the bid closes today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A jump of 3.38% in the Canara Robeco Life IPO GMP suggests the estimated listing price per share will be around Rs 275.

It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation. 

Canara Robeco Life IPO Dates

IPO Open Date9th October 2025
IPO Close Date13th October 2025
Allotment14th October 2025
Refund Date15th October 2025
IPO Listing Date16th October 2025

Note: IPO GMP is volatile, driven by market sentiment. Hence, one should conduct their research before investing in it.

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Canara Robeco Life IPO IPO GMP: Day 2 IPO Live Updates