New Delhi, Oct. 14 -- Canara Robeco Asset Management IPO allotment is all set to be finalised today, Tuesday, October 14. The mainboard IPO received a lukewarm response from investors across all categories.
The issue had opened for subscription on October 9 and closed on October 13.
The book-building issue worth Rs.1,326.13 crore received 33,99,83,168 bids for its IPO, compared with 3,48,98,051 equity shares on offer, resulting in an overall subscription of 9.74 times.
The retail segment of the mainboard IPO was subscribed 1.91 times, while Non-Institutional Investors (NIIs) saw a subscription of 6.45 times. The Qualified Institutional Buyers (QIBs) category recorded a strong subscription of 25.92 times.
The shares of Canara Robeco As...
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