Canara Robeco AMC IPO Update: How It Stacks Up Against Rival Asset Managers
A new player is entering India’s AMC IPO scene, Canara Robeco Asset Management Company (AMC), a joint venture between Canara Bank and ORIX Corporation Europe. Its ₹1,326 crore Offer for Sale, priced between ₹253–₹266 per share, values the firm at about ₹5,300 crore. Since it’s a pure OFS, no new capital is being raised; existing…