UTI Asset Management IPO

UTI Asset Management Company Ltd
Rs 552 to Rs 554
From to

About Company UTI Asset Management Company Ltd permalink

UTI Asset Management Company Ltd was established in 2002 . Currently, it is having head office in Maharashtra. UTI Asset Management works in the sector of UTI is an Asset Management Company. This company manages mutual funds, portfolio management services. . UTI Asset Management has experience of 18 .

Company do business in allowing individual investors in purchasing Mutual fund. As per our point of view, investment in MF industry has shows don from previous months due to COVID 19 . Also company has shows decline in profit from last 3 years.

For FY 2019-20, company has booked profit of Rs 2,764.85 CR. Company is making profit more than 2k CR, but having decline in profit. For FY 2017-18 it was having profit 4,050.91CR and in FY 2018-19 it went down to 3,479.27. State Bank of India, Punjab National Bank, Bank of Baroda and Life Insurance Corporation of India are major sponsors.

  • Email : cs@uti.co.in
  • Website : https://www.utimf.com/
  • Phone : +91 22 6678 6666

UTI Asset Management IPO Details permalink

UTI Asset Management IPO issue open date is 29th September 2020 and close date is 1st October 2020 . The face value for UTI Asset Management Company Ltd IPO is Rs 10 per equity share. The total IPO size is approx Rs 2159 crore.

The price band for UTI Asset Management is Rs 552 to Rs 554. The lot size for UTI Asset Management IPO is a minimum of 27 shares to maximum 351 shares. This IPO will be listed on BSE and NSE. UTI Asset Management IPO total equity is 38987081 shares.

UTI Asset Management IPO Date and Price Band permalink

UTI Asset Management IPO Date and Price Band
IPO Open:29th September 2020
IPO Close:1st October 2020
Price Band:Rs 552 to Rs 554
Face Value:Rs 10 per equity share
IPO Size:Rs 2159 crore
Listing on:BSE and NSE
Retail Portion:49.63%
Equity (Issue Size):38987081 Shares

UTI Asset Management IPO Market Lot and Investment Amount permalink

To invest in UTI Asset Management Company Ltd's initial public offering starting from 29th September 2020 you need to invest minimum Rs 14904, however you can also invest up to Rs 194454, considering the upper price of IPO Rs 554 and maximum allottable shares (351 shares). To apply for the maximum number of share you need to bid for 13 lots, one lot is having 27 shares.

UTI Asset Management IPO Market Lot and Investment Amount
Minimum Lot Size:27 shares (1 Lot)
Maximum Lot Size:351 shares (13 lots)
Minimum Investment:Rs 14904
Maximum Investment:Rs 193752

UTI Asset Management IPO Subscription Status permalink

UTI Asset Management IPO was oversubscribed 2.31 times. Qualified Institutional Buyers (QIBs) like banks, mutual funds and other registered financial institutes were reserved for 7757416 shares and received bids for 25909769 shares which is 3.34 times of total meant for QIB category.

UTI Asset Management Company Ltd's IPO was subscribed 27% on the first day.

Non Institutional Investors (NII) includes individuals , companies trusts who bid for more than 2 lakhs. The total number of shares reserved for NII investors were 5818062 and bid for 5410797 shares received . Bid from NII for UTI Asset Management Company Ltd's IPO is 0.93 times of total meant for NII category.

Retail Individual Investors (RIIs) includes individuals investors who can apply up to Rs 2,00,000 in IPO . The total number of shares reserved for RII investors were 13575479 and bid for 31495111 shares received . Bid from RII for UTI Asset Management's IPO is 2.32 times of total meant for RII category.

The total number of shares offered were 27350957 and bid for 63102348 shares received .

UTI Asset Management IPO Subscription Status
Qualified Institutional Buyers (QIBs)
Shares Allotted:7757416 shares
Shares Bid Received:25909769 shares
Over Subscription in QIB:3.34 times
Non Institutional Investors (NIIs)
Shares Allotted:5818062 shares
Shares Bid Received:5410797 shares
Over Subscription in NII:0.93 times
Retail Individual Investors (RIIs)
Shares Allotted:13575479 shares
Shares Bid Received:31495111 shares
Over Subscription in RII:2.32 times
Total
Total Shares Allotted:27350957 shares
Total Shares Bid Received:63102348 shares
Over Subscription Total:2.31 times

UTI Asset Management IPO Allotment and Listing permalink

UTI Asset Management IPO got listed on . UTI Asset Management IPO listed with -11.55% Loss on NSE (UTIAMC) at Rs 500 and BSE (543238) at Rs 490. The allotment ratio for the UTI Asset Management IPO remains at 181.

UTI Asset Management IPO Allotment and Listing
Listing Date:
Issue Price:Rs 554
BSE Listing Price:Rs 490
NSE Listing Price:Rs 500
Return (In Rupees):Rs -64
Return (In Percentage):-11.55%
Sector :public sector
BSE Group :B
BSE Code:543238
NSE Code:UTIAMC
ISIN :INE094J01016

UTI Asset Management IPO FAQ permalink

Frequently Asked Questions related to the UTI Asset Management IPO

When UTI Asset Management IPO is expected? permalink

UTI Asset Management IPO is not publised yet, it may be available in November 2020

What is UTI Asset Management IPO? permalink

UTI Asset Management initial public offering of 38987081 equity shares of the face value of Rs 10 aggregating up to ₹ 2159 Crores. UTI Asset Management IPO issue open date is 29th September 2020 and close date is 1st October 2020 .

When UTI Asset Management IPO will open and close? permalink

UTI Asset Management IPO issue open date is 29th September 2020 and close date is 1st October 2020 .

What is the lot size of UTI Asset Management IPO? permalink

The lot size for UTI Asset Management IPO is 27 shares.

What is the price band of UTI Asset Management IPO? permalink

The price band for UTI Asset Management is Rs 552 to Rs 554.

What is the minimum investment amount for UTI Asset Management IPO? permalink

The minimum investment amount for UTI Asset Management IPO is Rs 14904.

What is the UTI Asset Management IPO investors portion? permalink

For retail investors (RII) 49.63% is allotted for investment. For NII 21.27% and QIB 28.36% is allotted.

What is the UTI Asset Management IPO listing date? permalink

UTI Asset Management IPO listing date is 26th September 2020.

What is UTI Asset Management IPO subscription on the first day? permalink

UTI Asset Management IPO subscribed 27 % on the first day.

What is UTI Asset Management IPO subscription? permalink

UTI Asset Management IPO was oversubscribed 2.31 times.

What is UTI Asset Management IPO listing date? permalink

UTI Asset Management IPO listing date is 26th September 2020.

What is UTI Asset Management IPO listing price? permalink

UTI Asset Management IPO listing price is 490.

What is UTI Asset Management IPO return? permalink

UTI Asset Management IPO listing price is 490 and issue price was Rs 554. Return from UTI Asset Management IPO is Rs -64 per equity share which is -11.55% .

What is BSE code for UTI Asset Management? permalink

UTI Asset Management BSE code is 543238.