UTI Asset Management Company Ltd IPO
Mainboard₹14,958 / 27 Shares
IPO Live Subscription Details (times)
IPO Details
UTI Asset Management Company Ltd IPO IPO is priced between ₹552 to ₹554 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the Mainboard, and KFintech Private Limited is managing the issue as the registrar.
The IPO bidding period opened on 29 Sep, 2020, and closed on 1 Oct, 2020. The allotment results will be announced on 8 Oct, 2020, with a tentative listing date set for 12 Oct, 2020.
The total issue comprises 38,987,081 Eq Shares of ₹10, amounting to ₹2,159.88 Cr.
UTI Asset Management Company Ltd IPO IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| Sep 29, 2020 - Oct 1, 2020 | 12 Oct, 2020 | ₹10 Per Equity Share | ₹552 to ₹554 per equity share | - | Shares | - | BSE, NSE |
UTI Asset Management Company Ltd IPO IPO Timeline
Issue Price
₹552 to ₹554 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedMarket Lot
27 Shares (₹14,958/-)Lead Manager
Axis Capital Limited, BoA Merrill Lynch Citigroup Global Markets India Private Limited ICICI Securities Limited, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited, SBI Capital Markets LimitedIssue Size
38,987,081 Eq Shares of ₹10(aggregating up to ₹2,159.88 Cr))Retail Portion
N/ASubscription
2.31 timesUTI Asset Management Company Ltd IPO IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 19 | 3046.81 | 496.35 | 208.92 | - | - | - |
| 31 Mar 19 | 3013.26 | 1080.894 | 347.92 | - | - | - |
| 31 Mar 18 | 2919.25 | 1162.74 | 405.09 | - | - | - |
| 31 Mar 17 | 2503.11 | 1048.25 | 395.22 | - | - | - |
All values are in ₹ Cr.
About Company
UTI Mutual Fund is one of the leading mutual fund investment companies in India.
UTI Mutual Fund has a nationwide distribution network, which is spread across the length and breadth of the country. Its distribution network comprises over 48000 AMFI/NISM certified Independent Financial Advisors and 174 Financial Centers.
UTI Asset Management Company Ltd IPO IPO - Issue Objectives
- To achieve the benefits of listing the Equity Shares on the Stock Exchanges
- The sale of up to 38,987,081 Equity Shares by the Selling Shareholders