What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the UTI Asset Management Company Limited IPO allotment date?

The basis of allotment for UTI Asset Management Company Limited IPO is scheduled to be finalized on 8 Oct 2020.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 9 Oct 2020.

UTI Asset Management Company Limited

ListedMainboard

Financial Services / Finance. · NSE / BSE

UTI Mutual Fund is one of India’s leading investment companies, offering a strong and widespread presence across the country. With a well-established distribution network, it connects investors through more than 48,000 AMFI/NISM-certified Independent Financial Advisors and 174 financial centers. This extensive reach ensures easy access to investment opportunities and expert financial guidance for people across different regions.

Price Band

₹552 – ₹554

Issue Size

₹2160 Cr

Lot Size

27 shares

GMP

₹14

-2.5%

Est. Listing

₹540

at current GMP

Subscribed

—

Open

29 Sep 2020

1 Oct 2020

Allotment

8 Oct 2020

Refund

9 Oct 2020

Demat Credit

10 Oct 2020

Listing

12 Oct 2020

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

UTI Asset Management Company Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

8 Oct 2020

Basis finalization

Refunds Initiate

9 Oct 2020

Mandate release

Demat Credit

10 Oct 2020

Shares in demat

Listing Debut

12 Oct 2020

Trading begins

How to Check UTI Asset Management Company Limited IPO Allotment Status

Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
Select UTI Asset Management Company Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About UTI Asset Management Company Limited Public Issue & Market Profile

UTI Asset Management Company Limited is bringing an initial public offering (IPO) in the Financial Services / Finance. sector with an aggregate issue size of ₹2,159.88 Crores. The shares are offered at a price band of ₹552 to ₹554 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 27 shares (approx. ₹14,958 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-10-10, while un-allotted funds or UPI block mandates will be released on 2020-10-09.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.