UTI Asset Management Company IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 2159.88 Cr. The company is based in Mumbai and caters to Banking And Finance sector. Axis Capital , Bofa Securities India , Citigroup Global Markets India , ICICI Securities , SBI Capital Markets are the merchant bankers of UTI Asset Management Company IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th December 2019.
UTI Asset Management Company IPO open date is 29th September 2020 and close date is 1st October 2020. IPO Allotment Date is 7th October 2020 and Listing date is 12th October 2020.UTI Asset Management Company IPO size is ₹ 2159.88 Cr. with IPO price of ₹ 554.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the UTI Asset Management Company IPO. Kfin Technologies Limited is the Registrar for UTI Asset Management Company IPO.
UTI Asset Management Company IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
UTI Asset Management Company IPO, based in Mumbai, operates in the Banking And Finance sector with a focus on asset management company. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. UTI Asset Management Company IPO size is ₹ 2159.88 Cr. with fresh issue size of ₹ 2,160 and Offer for sale being ₹ Nil
The IPO allotment date for UTI Asset Management Company IPO is expected to be 7th October 2020, after the finalization of basis of allotment. Investors can check UTI Asset Management Company IPO allotment status on the registrars website, Kfin Technologies Limited . UTI Asset Management Company IPO refund dates are 8th October 2020.
UTI Asset Management Company IPO is expected to be listed on 12th October 2020.
The upper price band for the UTI Asset Management Company IPO is set at ₹ 554.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on UTI Asset Management Company IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the UTI Asset Management Company IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 1st October 2020. After submission, funds are blocked until the basis of allotment of UTI Asset Management Company IPO is finalised.
The merchant banker for UTI Asset Management Company IPO is Axis Capital Limited , Bofa Securities India Limited , Citigroup Global Markets India Private Limited , ICICI Securities Limited , SBI Capital Markets Limited . Axis Capital Limited , Bofa Securities India Limited , Citigroup Global Markets India Private Limited , ICICI Securities Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the UTI Asset Management Company IPO RHP for further details.
The registrar for UTI Asset Management Company IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to UTI Asset Management Company IPO through their official website or helpline.
UTI Asset Management Company IPO was subscribed 2.31 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
UTI Asset Management Company IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on UTI Asset Management Company Financial Review Page
Merchant Banker(s) of UTI Asset Management Company IPO: Axis Capital Limited , Bofa Securities India Limited , Citigroup Global Markets India Private Limited , ICICI Securities Limited , SBI Capital Markets Limited
UTI Asset Management Company IPO subscription was 2.31 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
UTI Asset Management Company IPO listed at a listing price of 476.60 against the offer price of 554.00.
The current market price of UTI Asset Management Company is 1431.60.
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