UTI Asset Management Company Ltd IPO
Mainboard₹14,958 / 27 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 2020-10-01 17:00:00 |
| QIBs | 3.34 |
| NII | 0.93 |
| Retail | 2.32 times |
| Employee | 1.34 times |
| Total | 2.31 times |
UTI Asset Management Company Ltd IPO Details
The UTI Asset Management Company Ltd IPO price band is set between ₹552 to ₹554 per equity share, with a face value of ₹10 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 29 Sep, 2020 and closes on 1 Oct, 2020. Investors can check the allotment status on 8 Oct, 2020, while the listing date is tentatively scheduled for 12 Oct, 2020.
The total issue size is 38,987,081 Eq Shares of ₹10, aggregating up to ₹2,159.88 Cr. Stay tuned for the latest UTI Asset Management Company Ltd IPO review and GMP updates.
UTI Asset Management Company Ltd IPO Review, Rating & Analysis
UTI Asset Management Company Ltd IPO Review
NO REVIEWUTI Asset Management Company Ltd IPO Rating
UTI Asset Management Company Ltd IPO Highlights
IPO Date
Sep 29, 2020 - Oct 1, 2020
Listing Date
12 Oct, 2020
Face Value
₹10 Per Equity Share
Price Band
₹552 to ₹554 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
UTI Asset Management Company Ltd IPO Lot Size
The minimum market lot for UTI Asset Management Company Ltd IPO is 27 shares with an application amount of ₹14,958. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 27 | ₹14,958 |
| Retail (Max) | 13 | 351 | ₹1,94,454 |
| S-HNI (Min) | 14 | 378 | ₹2,09,412 |
| S-HNI (Max) | 66 | 1782 | ₹9,87,228 |
| B-HNI (Min) | 67 | 1809 | ₹10,02,186 |
UTI Asset Management Company Ltd IPO Timeline
Issue Price
₹552 to ₹554 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedLead 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))UTI Asset Management Company Ltd 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.
Promoters & Share Holding
Promoter(s) Name
- UTI AMC is a professionally managed company and does not have an identifiable promoter in terms of SEBI.
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
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.
Frequently Asked Questions about UTI Asset Management Company Ltd IPO IPO
When will UTI Asset Management Company Ltd IPO open for subscription?
The UTI Asset Management Company Ltd IPO opens on 29 Sep, 2020 and closes on 1 Oct, 2020.
What is the investors portion for UTI Asset Management Company Ltd IPO?
The investors' portion for QIB is N/A%, NII is N/A%, and Retail is N/A%.
How to apply for UTI Asset Management Company Ltd IPO?
You can apply for UTI Asset Management Company Ltd IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of UTI Asset Management Company Ltd IPO?
The issue size of UTI Asset Management Company Ltd IPO is approx ₹38,987,081 Eq Shares of ₹10(aggregating up to ₹2,159.88 Cr)) crores.
What is the price band of UTI Asset Management Company Ltd IPO?
The price band for UTI Asset Management Company Ltd IPO is ₹552 to ₹554 per equity share to ₹undefined.
What is the lot size of UTI Asset Management Company Ltd IPO?
The minimum bid (lot size) for UTI Asset Management Company Ltd IPO is N/A shares with an investment of approx ₹14,958 .
What is the allotment date of UTI Asset Management Company Ltd IPO?
The allotment date for UTI Asset Management Company Ltd IPO is 8 Oct, 2020.
What is the listing date of UTI Asset Management Company Ltd IPO?
The listing date for UTI Asset Management Company Ltd IPO is expected to be 12 Oct, 2020.
What is the GMP of UTI Asset Management Company Ltd IPO?
The latest Grey Market Premium (GMP) for UTI Asset Management Company Ltd IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.