Exchanges: BSE, NSE
Issue: Book building

UTI Asset Management Co. IPO

₹476.20

−14.04% on listing

Listing-day close · NSE · 12 Oct 2020 · issue price ₹554

UTI Asset Management Co.’s ₹2,160 crore IPO was priced at ₹554 a share. It listed on the NSE on 12 Oct 2020 and closed its first day at ₹476.20, down 14.04% on the issue price.

Timeline

Opens29 Sep 2020
Closes1 Oct 2020
Allotment7 Oct 2020
Refunds8 Oct 2020
Shares in demat9 Oct 2020
Listing12 Oct 2020

Issue details

Issue size: ₹2,160 Cr
Fresh issue: —
Offer for sale: ₹2,160 Cr
Lot size: 27 shares
Minimum investment: ₹14,958
Face value: ₹10
Registrar: Kfin Technologies

Subscription

UTI Asset Management Co. IPO subscription by investor category
Category	Shares offered	Times subscribed
Total	—	1.75×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue): ₹7,024 Cr
Promoter holding: 98.96%

From the offer documents.

Listing

Listing date: 12 Oct 2020
Issue price: ₹554
Open: ₹500.00
High: ₹529.95
Low: ₹471.10
Close: ₹476.20

Listing day on the NSE. The close was −14.04% on the issue price.

UTIAMC share price today

FAQs

When did the UTI Asset Management Co. IPO open and close?

It opened on 29 Sep 2020 and closed on 1 Oct 2020.

What was the UTI Asset Management Co. IPO price?

The price band was ₹552–554 a share. The final issue price was ₹554.

What is the lot size and minimum investment?

One lot is 27 shares, ₹14,958 at ₹554 a share. Retail investors apply in whole lots.

How much did UTI Asset Management Co. raise?

₹2,160 crore: ₹2,160 crore offered by existing shareholders.

How many times was the UTI Asset Management Co. IPO subscribed?

1.75 times overall.

How did UTI Asset Management Co. list?

It listed on the NSE on 12 Oct 2020 at ₹500.00 and closed the day at ₹476.20, down 14.04% on the ₹554 issue price.

Who is the registrar of the UTI Asset Management Co. IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app