Canara Robeco AMC Shares Soar 12% Post Strong Market Debut

On October 16, 2025, Canara Robeco Asset Management Company (AMC) made a strong debut on the Indian stock market. Its shares opened at ₹280.25 on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), a 5.4% rise over the IPO price of ₹266. The stock closed at ₹300.10 on the NSE, gaining 13% from the issue price. This performance showed strong investor confidence and growing interest in asset management companies in India.