Ahmedabad: Canara Robeco Asset Management Company Limited will open its bid/offer for its initial public offering (IPO) of equity shares on Thursday, October 9, 2025. The IPO comprises an offer for sale of up to 49,854,357 equity shares by the promoter selling shareholders, according to an official press statement.

As per the company, “The price band for the offer is ₹253 to ₹266 per equity share. Bids can be made for a minimum of 56 equity shares and in multiples of 56 equity shares thereafter, each with a face value of ₹10. The offer for sale comprises up to 25,924,266 equity shares by Canara Bank and up to 23,930,091 equity shares by ORIX Corporation Europe N.V.”

The anchor investor bidding date is set for Wednesday, October 8, 2025, while the bid/offer will close on Monday, October 13, 2025. The equity shares are being offered through the Red Herring Prospectus (RHP) dated October 3, 2025, filed with the Registrar of Companies, Maharashtra at Mumbai, read with the price band advertisement-cum-corrigendum to the RHP. The link to the price band advertisement-cum-corrigendum is available on the company’s website, the press release added.

The equity shares offered through this Red Herring Prospectus are proposed to be listed on BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE).