
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
-2.5%
Est. Listing
₹540
at current GMP
Subscribed
—
Open
29 Sep 2020
Close
1 Oct 2020
Allotment
8 Oct 2020
Refund
9 Oct 2020
Demat Credit
10 Oct 2020
Listing
12 Oct 2020
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 19,493,502 | — | 0.00x |
| Non-Institutional (NII / HNI) | 5,848,051 | — | 0.00x |
| Retail Individual (RII) | 13,645,451 | — | 0.00x |
| Total | 38,987,004 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 505,387 | 505,387 | 1.00x |
| HNIs (10L +) | 3,233 | 3,233 | 1.00x |
| HNIs (2-10L) | 15,471 | 15,471 | 1.00x |
| Total Applications | 524,091 | 524,091 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
Currently, UTI Asset Management Company Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹552 to ₹554 per equity share.
The retail lot size is 27 shares requiring a minimum application amount of ₹14,958. Expected listing price is ₹540 per equity share.
The UTI Asset Management Company Limited IPO aggregate issue size is ₹2,159.88 Crores with an equity price band set at ₹552 to ₹554 per equity share. The retail lot size is 27 shares requiring a minimum capital outlay of approx. ₹14,958.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2020-10-08. Investors can verify status using PAN card or application number.
UTI Asset Management Company Limited shares are scheduled to list on NSE and BSE on 2020-10-12.