None of the IPO proceeds will go to the company as they will be received by the selling promoters. Currently, Canara Bank owns 51% stake in Canara Robeco while Orix Corporation holding has the remaining stake in the AMC.
None of the IPO proceeds will go to the company as they will be received by the selling promoters. Currently, Canara Bank owns 51% stake in Canara Robeco while Orix Corporation holding has the remaining stake in the AMC.