Kolkata: The Canara Robeco Asset Management Co IPO is designed to raise Rs 1,326.13 crore through an offer for sale of 4.99 crore shares. On October 8, the company informed the stock exchanges that it has been able to raise Rs 398 crore from anchor investors, the list of which includes SBI Mutual Funds (MF), ICICI Prudential MF, Nippon India MF, Kotak Mahindra MF, Franklin India MF, HSBC MF, Motilal Oswal MF, PineBridge Global Funds, Kotak Mahindra Life Insurance, Aditya Birla Sun Life Insurance, and Bajaj Allianz Life Insurance.
Canara Robeco IPO GMP
According to investorgain, the Canara Robeco IPO GMP stood at Rs 35 on the morning of October 9. Considering a price band of Rs 266.00, the current GMP indicates a listing gain of 13.16%. The GMP has stood steadily at this level for the pa