UTI Asset Management Company IPO, Review, IPO Performance by IPOPlatform India

About UTI Asset Management Company

Company Information

UTI Asset Management Company Limited is the largest asset management firm in India by Total Assets Under Management (AUM) and ranks as the seventh-largest in terms of mutual fund Quarterly Average Assets Under Management (QAAUM) as of September 30, 2019, according to CRISIL. It holds the highest share of monthly average AUM attributable to B30 cities among the top ten Indian asset management companies by QAAUM as of March 31, 2019, as per CRISIL. The company caters to a diverse clientele, including individual and institutional investors, through an array of funds and services.
Its offerings include managing domestic mutual funds under UTI Mutual Fund, providing Portfolio Management Services (PMS) to institutional clients and high-net-worth individuals (HNIs), and overseeing retirement funds, offshore funds, and alternative investment

Object of Issue

To achieve the benefits of listing the Equity Shares on the Stock Exchanges and
The sale of up to ,,0 Equity Shares by the Selling Shareholders

UTI Asset Management Company MainBoard IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

Oct, 2020

IPO Size :

2159.88 Cr.

IPO Subscription :

2.31 X

PE Multiple :

17.37

Merchant Banker :
Axis Capital Limited

IPO Registrar:
Kfin Technologies Limited

FAQs

1. What is UTI Asset Management Company IPO?

UTI Asset Management Company operates in Banking And Finance and Asset Management Company. The Issue is listed on MainBoard in Oct, 2020. UTI Asset Management Company IPO size was 2159.88 Cr. with Issue price of 554.00 .

2. Who is the merchant banker of UTI Asset Management Company IPO?

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

3. How many times UTI Asset Management Company IPO was subscribed?

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.

4. What is the listing price of UTI Asset Management Company IPO?

UTI Asset Management Company IPO listed at a listing price of 476.60 against the offer price of 554.00.

5. What is the current market price of UTI Asset Management Company IPO?

The current market price of UTI Asset Management Company is 1250.20.