Canara Robeco AMC Lists at 5% Premium, Surges 18% Post Debut

Canara Robeco AMC made a mild market debut at Rs 280.25, a 5.36% premium over its IPO price of Rs 266. The stock later jumped over 13% to Rs 318, taking market cap above Rs 6,000 crore. The Rs 1,326 crore IPO, an OFS subscribed nearly 10 times, saw strong investor demand.