Bandra-Kurla Complex, Bandra (East), The IPO of UTI AMC opened for subscription on September 29 and ended on October 1 in a price range of Rs 552-554 per share. Top stocks to watch— RIL, TCS, HCL Tech, Hero MotoCorp, Vedanta, Solar Industries, ITI and others, Regal Cinemas likely to close all US theaters as pandemic continues to slam movie industry, report says, Growth stocks enjoying best year-to-date outperformance since 1979 — but value can soon bounce back, Bank of America says. Contact Person: Ganesh Rane Now, enter your application number and PAN. To avail the advantage of listing the Equity Shares on the Stock Exchanges and; Do NOT follow this link or you will be banned from the site! : POP76102018, POP Reg No. UTI AMC is the seventh-largest asset management company in India in terms of mutual fund QAAUM as of September 30, 2019, according to CRISIL. Investor Grievance E-mail: complaints@axiscap.in The UTI Mutual Fund IPO is one of the latest IPO from the UTI Asset management company that is in compliance with the SEBI. Join Mint channel in your Telegram and stay updated with the latest business news. The IPO of UTI AMC includes sale of 30.75 per cent stake by existing shareholders, including the likes of State Bank of India, Life Insurance Corporation, Bank of Baroda, Punjab National Bank and T Rowe Price International. ", Centrum Broking said, "We are optimistic about the AMC space as asset management, being a fee-based business is slated to grow (QAAUM) at an 18% CAGR in the medium term led by overall economic growth, growing investor base and higher disposable income levels. UTI AMC IPO to hit the market on 29 September 2020 and closes on 01 October 2020. Applicants can also check their allotment status on the BSE website. The allocation of shares in Mazagon Dock Shipbuilders IPO is also likely to be finalised today. 552 to 554 per equity share. - After entering the given captcha code, investors can click on submit button and view their allotment status. Valuation is attractive with P/E at 25.4x FY20 EPS.". You are now subscribed to our newsletters. Selenium Tower-B, Plot 31 & 32, As of 30thSeptember 2019, the company has163 UTI Financial Centres (“UFCs”), 273 Business Development Associates (“BDAs”) and Chief Agents (“CAs”) (46 of whom operate Official Points of Acceptance (“OPAs”)) and 33 other OPAs, most of which are in each case located in B30 cities. 2 lacs. Incorporated in 2002, Its the largest AMC in terms of Total AUM. UTI Asset Management Company will launch its initial public offering for subscription on September 29. The Rs 2,160-crore initial public offering of UTI Asset Management Company was subscribed around 2.3 times till the final day of bidding. Website: www.kfintech.com UTI Asset Management Company, that recently concluded its Rs 2,160 crore-initial public offer (IPO) has finalised the basis of allotment of IPO shares on October 7. Tel: +91 40 6716 2222 The Rs 2,160-crore IPO of UTI AMC opened for subscription on September 29 and ended on October 1 in a price range of Rs 552-554 per share. SEBI Registration Number: INM000010718, 4)DSP Merrill Lynch Limited UTI AMC be the third AMC to get listed on the stock exchanges after Nippon Life India Asset Management and HDFC AMC. Website: www.investmentbank.kotak.com Here's All You Need To Know, PM Narendra Modi To Address Nation At 6 pm, On PM's Address To Nation, Chirag Paswan's Appeal To Party Candidates, Nokia 215 4G, Nokia 225 4G With VoLTE Calling Support Launched in India, Mazagon Dock Shipbuilders IPO Closes For Subscription Today. Kapil Sharma Charging Rs. Additionally, HDFC and Nippon AMC trade at 12.56% and 8.55% of Q1FY21 QAAUM, respectively. Contact Person: ArvindPatkar, Those who had bid for the issue can check the subscription status on the online portal of KFin Technologies, the registrar to the issue. Mumbai 400051, Maharashtra, India; Kotak Mahindra Capital Company, Axis Capital, Citigroup Global Markets India, DSP Merrill Lynch, ICICI Securities, JM Financial and SBI Capital Markets are the book running lead managers to the offer. As per the GMP investors will surely choose Mazagon Dock first and then they will go for UTI AMC. Contact Person: Mayuri Arya The IPO of UTI AMC opened for subscription on September 29 and ended on October 1 in a price range of Rs 552-554 per share. -Click on the drop-down menu and select the company name as UTI Asset Management Company (AMC) in the drop-down menu of the investor's centre section. Manages a multiple and quality base tenants. -Select Equity and then from the dropdown, select issue name- UTI. Matthew McConaughey's Dad Died of a Heart Attack While Having Sex—How Does This Happen? Mumbai 400 098 Maharashtra, India The issue received bids for 6.31 crore equity shares compared to the size of 2.73 crore shares. UTI Asset Management IPO was subscribed around 2.3 times till the final day of bidding. Electronics and accessories at amazing discounts. 20 Crores For His Web Series Debut? Sep 29, 2020 - Oct 1, 2020. UTI AMC sold shares in the range of ₹552-554 per share. 1st Floor, Axis HouseC-2, The sale of up to 38,987,081 Equity Shares by the Selling Shareholders, Get All Your Mutual Fund Portfolio Retuns on your mobile, Download Elite Kuber App(*) indicates to be updated). Usually the allotment comes within a week from the closing date which in this IPO yet to be announced. How to transform your backyard space into a perfect wedding venue? Here’s how to check UTI AMC IPO allotment status on NSE, BSE, and the registrar website. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced. Your session has expired, please login again. With the growth in AUM, we expect the cost to grow at a slower speed, which will benefit operating leverage and will help the company to improve EBITDA margins. UTI AMC to launch Rs 2159 crore-IPO on September 29; SBI, LIC, T Rowe to divest stake. Those who had bid for the issue can check the subscription status on the online portal of KFin Technologies, the registrar to the issue. Let’s have a read here about the IPO release date, IPO offers price, IPO subscription, IPO allotment, grey market price, and other details. Find out UTI Asset Management Company IPO Issue Price, Subscription Dates and Status, UTI Asset Management Company IPO Listing Date and more. - Enter your Permanent Account Numbers (PAN) or application number or Client ID. Click on ‘Select company’ and click on ‘UTI Asset Management Company-IPO.’ It will only appear post allotment on October 7. - Enter your Permanent Account Numbers (PAN) or application number or Client ID. E-mail: uti.ipo@citi.com -Enter your Permanent Account Numbers (PAN) or application number and click Search. Ltd.: Ms. Pooja Chhabra, Stock Broker and Wealth Management Services in Delhi, M/s Elite Wealth Advisors Limited : NSE Membership No. UTI AMC is the 3rd asset management company to get listed on the stock exchanges after Nippon Life India AMC and HDFC AMC. 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The basis of allotment for ₹2,160 crore UTI AMC IPO will be announced on October 7, and listing is scheduled for October 12. Investors who had applied for UTI AMC shares can check the share allotment status on the website of KFintech Private Limited, the registrar of the issue. This will be the third AMC to get listed on the stock exchanges after Nippon Life India Asset Management and HDFC AMC. For the latest election news, analysis and live updates on Bihar Elections 2020, log on to NDTV.com/elections, Why You Must Calculate Your Real Value When Buying A Life Insurance Plan. 552-554/share which means it leaves more money on the table for investors for listing gains. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. The company manages 178 domestic mutual fund schemes including equity, hybrid, income, liquid and money market funds. UTI manages the domestic mutual funds of UTI Mutual Fund, provide portfolio management services (“PMS”) to institutional clients and high net worth individuals (“HNIs”), and manages retirement funds, offshore funds and alternative investment funds. The price band has been fixed at Rs 552-554 a share. Contact Person: Ahmed Kolsawala The UTI AMC public offer will be tenth this year, after SBI Card, Rossari Biotech, Mindspace Business Parks REIT, Happiest Minds Technologies, Route Mobile, Compute Age Management Services, Chemcon Speciality Chemicals, Angel Broking and Likhitha Infrastructure. The Rs 2,160 crore initial public offering (IPO) of UTI Asset Management Company (AMC) closes for subscription on Thursday, i.e. The price band of UTI Asset Management Company IPO has been fixed at Rs 552-554 a share. UTI Asset Management Company … Tel: +91 22 6175 9999 7th Pay Commission latest news today: These government employees to get special festival package - money in the bank! Jaikishan Parmar- Sr. Equity Research Analyst, Angel Broking said,"UTI AMC's operational profitability is lower vs. listed peers primarily owing to higher cost. We still believe that UTI AMC is lucrative and we recommend to SUBSCRIBE. E-mail: dg.utiamc_ipo@bofa.com UTI Asset Management Company (AMC) is the third AMC to be listed on the bourses, following Nippon Life India Asset Management (NAM) and HDFC AMC.

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