UTI Asset Management Company Limited IPO
UTI Asset Management Company Limited was a mainboard IPO in the Asset Management Company sector, offered at ₹552–₹554 per share to raise ₹2,152 crore. The issue was subscribed 2.31× overall (QIBs 3.34×, NIIs 0.93×, retail 2.32×). It listed on 12 Oct 2020 at ₹500 and closed its first day at ₹476, a listing loss of -14.0% versus the ₹554 issue price. It now trades around ₹810 (+46.3% versus the issue price).
Frequently asked questions
- How many times was the UTI Asset Management Company Limited IPO subscribed?
- The UTI Asset Management Company Limited IPO was subscribed 2.31× overall — 3.34× in the QIB category, 0.93× among non-institutional investors, 2.32× in retail.
- What were the UTI Asset Management Company Limited IPO listing gains?
- UTI Asset Management Company Limited listed on 12 Oct 2020 at ₹500, closing its first day at ₹476 — a listing loss of -14.0% versus the ₹554 issue price.
- What were the retail allotment odds for the UTI Asset Management Company Limited IPO?
- Retail was subscribed 2.32×, so a single-lot application had roughly a 43.1% chance of allotment (about 1 in 2), and allotment was finalised on 6 Oct 2020.
- What was the price band and lot size of the UTI Asset Management Company Limited IPO?
- The price band was ₹552–₹554 per share, with a minimum lot of 27 shares (₹14,958 at the upper band).
- Who were the registrar and lead manager for the UTI Asset Management Company Limited IPO?
- KFIN Technologies Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.