← IPO Calendar

UTI AMC IPO IPO

Mainline29 Sep to 1 Oct, 202029 Sep to 1 Oct, 2020
Open
29 Sep to 1 Oct, 2020
Close
29 Sep to 1 Oct, 2020
3
Allotment
Listing
Mon, Oct 12, 2020
Price Band
₹552 to ₹554
Issue Size
3,89,87,081 shares (agg. up to ₹2,160 Cr)
Lot Size
27 Shares
Listing Date
Mon, Oct 12, 2020
Latest GMP
₹-14
Est. Gain
-2.53%
✦ AI Insight

GMP Trend

12-10-2020-14Est. ₹540-2.53%
10-10-2020-15Est. ₹539-2.71%
06-10-2020-25Est. ₹529-4.51%

Live Subscription

CategorySubscription (times)
Total1.75x

Restated Financials (₹ Cr.)

Period Ended30 Jun 202031 Mar 202031 Mar 201931 Mar 2018
Assets3,263.423,154.923,013.262,919.25
Total Income271.07890.961,080.891,162.75
Profit After Tax101.08276.49347.93405.09
NET Worth2,834.932,762.502,604.372,367.43
Reserves and Surplus2,708.142,635.712,477.592,240.65
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To achieve the benefits of listing the Equity Shares on the Stock Exchanges and the sale of 38,987,081 Equity Shares by the Selling Shareholders in the Offer

About UTI AMC IPO

Incorporated in 2002, UTI AMC is in the business of managing the domestic mutual funds of UTI Mutual Fund, provides portfolio management services to institutional clients and high net worth individuals like Employee Provident Fund Organisation, National Skill Development Fund, Postal Life Insurance, and manages retirement funds viz. NPS, offshore funds like Shinsei UTI India Fund, and alternative investment funds catering to a diverse group of individuals, institutional investors, banks, trusts, and NRIs.Key Facts about UTI AMCAccording to CRISIL, UTI AMC is the largest AMC in India in terms of Total AUM, seventh-largest AMC in India in terms of mutual fund QAAUM with Rs 1,542.3 billion, and also has the largest share of monthly average AUM amongst top ten Indian AMC coming from B30 cities.The management fees from domestic mutual funds account for 72.7% of the total income of the company.UTI AMC has established the first mutual fund in India and has been in the asset management industry for more than 55 years with a strong history and proven track record in mutual fund mutual industry with strong brand recognition.UTI AMC has 11 million live folios accounting for 12.8% of client ba

Contact Details

UTI Asset Management Co.Ltd. AddressUTI Tower, 'Gn' BlockBandra-Kurla Complex, Bandra (East)Mumbai, Maharashtra, 400051+91 22 6678 6666cs@uti.co.inVisit Website