Description

BSE announces the listing of 19,94,17,428 equity shares of Canara Robeco Asset Management Company Limited with various lock-in periods for different categories of shares.

Summary

BSE has listed 19,94,17,428 equity shares of Canara Robeco Asset Management Company Limited on October 14, 2025. The listing includes shares with varying lock-in periods for different investor categories, including anchor investors and other shareholders. All shares are in dematerialized form.

Key Points

  • Total equity shares listed: 19,94,17,428
  • Listing date: October 14, 2025
  • All shares are fully paid-up and in demat form
  • 3,48,98,051 shares are not under lock-in
  • 16,45,19,377 shares are under various lock-in periods
  • Anchor investor allocations subject to specific lock-in requirements
  • Registered office: Construction House, 4th Floor, 5, Walchand Hirachand Marg, Ballard Estate, Mumbai – 400 001

Lock-in Details

Anchor Investors

  • 74,78,152 equity shares: 30-day lock-in until November 12, 2025
  • 74,78,154 equity shares: 90-day lock-in until January 11, 2026

Other Categories

  • 3,48,98,051 shares: Fully paid-up, not under lock-in (distinctive nos. 1,49,56,307 to 4,98,54,357)
  • 5,59,36,588 shares: Lock-in until April 16, 2026 (distinctive nos. 4,98,54,358 to 10,57,90,945)
  • 2,03,40,578 shares: Lock-in until April 16, 2027 (distinctive nos. 10,57,90,946 to 12,61,31,523)
  • 5,37,42,997 shares: Lock-in until April 16, 2026 (distinctive nos. 12,61,31,524 to 17,98,74,520)
  • 1,95,42,908 shares: Lock-in until April 16, 2027 (distinctive nos. 17,98,74,521 to 19,94,17,428)

Compliance Requirements

  • Lock-in details as per pages 119-121 of the company’s prospectus must be adhered to
  • Shares under lock-in cannot be traded until respective lock-in periods expire
  • Distinctive numbers are for presentation purposes only as all shares are in demat form

Important Dates

  • October 14, 2025: Listing date
  • November 12, 2025: 30-day anchor investor lock-in expiry
  • January 11, 2026: 90-day anchor investor lock-in expiry
  • April 16, 2026: Lock-in expiry for certain share categories
  • April 16, 2027: Lock-in expiry for other share categories

Impact Assessment

This listing adds a new asset management company to BSE’s equity segment. The staggered lock-in periods will result in gradual supply of shares to the market over 18 months. The significant portion of freely tradable shares (3,48,98,051 shares or approximately 17.5% of total) provides immediate liquidity. Investors should note the lock-in schedules when assessing trading volumes and price discovery in the initial months post-listing.

Impact Justification

New IPO listing for asset management company with significant equity shares under various lock-in periods, relevant for investors and market participants