IPO Synopsis

RHP

UTI Asset Management Company (AMC), the largest asset management company in India is soon to open their initial public offerings (IPO) which is aggregating up to ₹2,159.88 Cr. The IPO is opening with the objective to achieve the benefits of listing the Equity Shares on the Stock Exchanges and raise an additional capital.
According to CRISIL, in terms of Total AUM and the seventh largest asset management in India by mutual fund QUAAM. The company was incorporated in 2002 to provide portfolio management services to institutional clients and high net worth individuals like Employee Provident Fund Organisation, offshore funds like Shinsei UTI India Fund, and alternative investment funds catering to a diverse group of individuals, institutional investors, banks, trusts, and NRIs.

UTI Asset Management Company Ltd (UTI AMC) IPO Frequently Asked Questions

What is UTI AMC IPO?

UTI Asset Management Company is coming up with its Initial Public Offerings (IPO) on 29th Sept. The issue is aggregating up to ₹2,159.88 Crores i.e. 38,987,081 equity shares of the face value of ₹10

What is the open date of UTI AMC IPO?

UTI AMC IPO is opening on 29th Sept, 2020

What is the size of UTI AMC issue? How much is the issue price and lot size?

UTI AMC issue size is ₹2,159.88 Crores, issue price band is Rs.552-554 per equity share and the minimum order quantity (lot size) is 27 equity shares.

How to apply for UTI AMC IPO?

You can apply in UTI AMC IPO online using either UPI OR ASBA as payment method. You can apply for UTI AMC IPO using any UPI ID Or using ASBA with netbanking. Read the application process above OR visit 5paisa YouTube Channel.

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