00:00We have Mr. Rajneesh Narula, he is the MDM CEO of Canada Road Probeco.
00:19We have Mr. Ashwin Kurovin, he is the C.F. of the company.
00:23We have Mr. Tudakia, he is the head of corporate employment and MIS.
00:29We've represented the BRLMs, we have Mr. Prachi Makha from J.F. Financial.
00:36May I request to start off with your presentation?
00:39On behalf of the management team and the other teams of BRLMs,
00:44it is my privilege to welcome you all here for the launch of the IPO of Canada Road Probeco Asset Management Company.
00:50We are delighted to bring this remarkable story of Canada Road Probeco Asset Management Company to the public market investors.
00:57Let me run you through some of the key highlights of the company.
01:02So, Canada Road Probeco AMC is India's second oldest asset management company with more than three decades of operational track record.
01:09As on June 30th, 2025, the company has a quarterly average AUM of 1,11,000 crore rupees with 91% equity oriented AUM and overall AUM has grown at a CAGR of 28.6%.
01:24As on June 30th, it had 52,343 distribution partners across India including 45 banks, 548 national distributors and 51,750 mutual fund distributors.
01:40It has a wide retail customer base and individual customer folios accounted for 99% of the total folios.
01:49I would now like to touch upon the deal specifics for this IPO.
01:54The price band is Rs. 253 to 266 per equity share.
01:59The issue size is Rs. 1261 to Rs. 1326 crores.
02:05The anchor is scheduled on Wednesday 8 October.
02:09And the issue opens to the public on Thursday 9 October and closes on Monday 13 October.
02:15We look forward to your support to make this IPO's resounding success.
02:20AUM has grown by 1.8x from around 62,000 crores to 1.1 lakh crores.
02:29In terms of the split of AUM, like you mentioned, 91% of AUM comes from equity.
02:34In absolute terms also, that has almost doubled.
02:36That's more than doubled in time.
02:38So, from 55,000 crores to more than 1 lakh crores in a span of just 2.5 years.
02:43Why is it important?
02:45Because we are one of the few companies which has a very high equity mix.
02:48In fact, when you compare us to the top 10 EMCs, we are the highest in terms of the equity mix.
02:53And when you compare us to the top 20 EMCs, we are the highest in that ratio.
02:58That's right.
03:00That's why we are here.
03:04I believe that the culture of investing in equity is predominant in Gujarat.
03:11It's the state that basically really supports the stock market industry from the retail perspective,
03:19among a few other states as well.
03:21But to me, this is the first quote of call that anyone that wants to list and have retail penetration will come to.
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