UTI Asset Management Company Ltd IPO (UTI AMC IPO) Detail

Incorporated in 2002, UTI AMC is in the business of managing the domestic mutual funds of UTI Mutual Fund, provides portfolio management services to institutional clients and high net worth individuals like Employee Provident Fund Organisation, National Skill Development Fund, Postal Life Insurance, and manages retirement funds viz. NPS, offshore funds like Shinsei UTI India Fund, and alternative investment funds catering to a diverse group of individuals, institutional investors, banks, trusts, and NRIs.

Key Facts about UTI AMC

  • According to CRISIL, UTI AMC is the largest AMC in India in terms of Total AUM, seventh-largest AMC in India in terms of mutual fund QAAUM with ₹1,542.3 billion, and also has the largest share of monthly average AUM amongst top ten Indian AMC coming from B30 cities.
  • The management fees from domestic mutual funds account for 72.7% of the total income of the company.
  • UTI AMC has established the first mutual fund in India and has been in the asset management industry for more than 55 years with a strong history and proven track record in mutual fund mutual industry with strong brand recognition.
  • UTI AMC has 11 million live folios accounting for 12.8% of client base managed by the Indian mutual fund industry.
  • UTI AMC has a national footprint with 163 UTI Financial Centres, 273 Business Development Associates and Chief Agents and 33 other Official Points of Acceptance. UTI AMC also has approximately 51,000 Independent Financial Advisors.
  • UTI AMC has four sponsors SBI, LIC, PNB and BOB each of which has the Government of India as a majority shareholder. UTI AMC also has a global asset management company T. Rowe Price International Ltd as one of its major stakeholders with a 26% stake in the Company.
  • As of September 30, 2019, UTI AMC manages 178 domestic mutual fund schemes, comprising equity, hybrid, income, liquid, and money market funds.

Company Promoters:

UTI AMC is a professionally managed company and does not have an identifiable promoter in terms of SEBI.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (₹ in Million)
30-Sep-19 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 30,468.15 30,132.63 29,192.52 25,031.19
Total Revenue 4,963.57 10,808.94 11,627.47 10,482.51
Profit After Tax 2,089.21 3,479.27 4,050.91 3,952.22

Objects of the Issue:

The objects of the Offer are:

1. To achieve the benefits of listing the Equity Shares on the Stock Exchanges and
2. The sale of up to 38,987,081 Equity Shares by the Selling Shareholders

UTI AMC IPO Details

IPO Date
Issue TypeBook Built Issue IPO
Issue Size38,987,081 Eq Shares of ₹10
(aggregating up to ₹3,000.00 Cr)
Face Value₹10 per equity share
IPO Price[.] to [.] per equity share
Market Lot
Min Order Quantity
Listing AtBSE, NSE

UTI AMC IPO Promoter Holding

Pre Issue Share Holding98.96%
Post Issue Share Holding

UTI AMC IPO Prospectus

UTI AMC IPO Rating

586
4.3
Rating:Rated 4.3 stars

Vote Here ...

UTI AMC IPO Reviews / Ratings

Sorry, we couldn't find any reviews, please check back later.

Company Contact Information

UTI Asset Management Company Ltd
UTI Tower, 'Gn' Block,
Bandra-Kurla Complex, Bandra (East),
Mumbai 400051, Maharashtra, India

Phone: +91 22 6678 6666
Email: cs@uti.co.in
Website: https://www.utimf.com/

UTI AMC IPO Registrar

KFin Technologies Private Limited
   Selenium, Tower B, Plot No. 31 & 32
   Financial District, Nanakramguda, Serilingampally,
   Hyderabad 500 032, Rangareddi Telangana, India

Phone: +91 40 6716 2222
Email: utiamc.ipo@kfintech.com
Website: http://www.kfintech.com

UTI AMC IPO FAQs

  1. What is UTI AMC IPO?

    UTI AMC IPO is a main-board IPO of 38,987,081 equity shares of the face value of ₹10 aggregating up to ₹3,000.00 Crores. The issue is priced at [.] to [.] per equity share. The minimum order quantity is .

    The UTI AMC IPO open and close dates are not available as of now.

    KFin Technologies Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. How to apply in UTI AMC IPO through Zerodha?

    Zerodha customers can apply online in UTI AMC IPO using UPI as a payment gateway. Zerodha customers can apply in UTI AMC IPO by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in UTI AMC IPO through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'UTI AMC IPO' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When UTI AMC IPO will open?

    The UTI AMC IPO dates are not announced. Please check back again after some time.

  4. What is the lot size of UTI AMC IPO?

    UTI AMC IPO lot size and the minimum order quantity is not available at this time. Please check again later.

  5. How to apply for UTI AMC IPO?

    You can apply in UTI AMC IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  6. When UTI AMC IPO allotment?

    The finalization of Basis of Allotment for UTI AMC IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the UTI AMC IPO allotment status.

  7. When is UTI AMC IPO listing date?

    The UTI AMC IPO listing date is not yet announced. The tentative date of UTI AMC IPO listing is [.].

Guaranteed Save 60% to 90% Brokerage

You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

UTI AMC IPO Review / Comments

Eagleye
58. Eagleye  Aug 14, 2020 21:45 I Like It. 1 | I Don't Like It. | Report Abuse Reply
IPO Guru IPO Guru (5200+ Posts, 18000+ Likes)
CAMS IPO – Financial Information (Basis of Valuation)

EPS for FY16-17 >>> Rs.25.32 (Page #66 of DRHP)
EPS for FY17-18 >>> Rs.29.93 (Page #66 of DRHP)
EPS for FY18-19 >>> Rs.26.75 (Page #66 of DRHP)
EPS for H119-20 >>> Rs.16.95 (Page #66 of DRHP)

RoNW for FY16-17 >>> 29.92% (Page #67 of DRHP)
RoNW for FY17-18 >>> 32.91% (Page #67 of DRHP)
RoNW for FY18-19 >>> 29.56% (Page #67 of DRHP)
RoNW for H119-20 >>> 33.98% (Page #67 of DRHP)

NAV as on September 30, 2019 was Rs.99.86 (Page #67 of DRHP)

Listed Industry Peer Group (Page #67 of DRHP): None
Ankur Goel
58.1. Ankur Goel  Aug 14, 2020 22:17 I Like It. | I Don't Like It. | Report Abuse
Date confirmed or it is like UTI AMC. Everybody guess about its date but it is not landing.
Samraheja
58.2. Samraheja  Aug 15, 2020 15:20 I Like It. | I Don't Like It. | Report Abuse
Mam what is gmp and subject to
Eagleye
57. Eagleye  Aug 14, 2020 21:40 I Like It. | I Don't Like It. | Report Abuse Reply
IPO Guru IPO Guru (5200+ Posts, 18000+ Likes)
CAMS IPO – Issue Information *(Tentative)*

Issue Opens on: ?? August 2020
Issue Closes on: ?? August 2020
Issue Type: Book Built Issue IPO
Issue Size: 1,21,64,400 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.1,225 – Rs.1,250 per Share *(Tentative)*
Discount: Rs.25/- (for Employees)
Market Lot: 12 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 4,87,60,000 Shares
Employee Reservation of 1,82,500 Shares @1225/- = Rs.21.90Crs (after discount of ~25/-)
Offer for Sale of 1,19,81,900 Shares @1250/- = Rs.1,497.74Crs
Equity Shares outstanding after the Issue = 4,87,60,000 Shares

Category-wise Break up:
Anchor – 35,94,570 Shares = 449.32Crs
QIB – 23,96,380 Shares = 299.55Crs
NII – 17,97,285 Shares = 224.66Crs
RII – 41,93,665 Shares = 524.21Crs (Lot size: 12 = 3,49,472 Forms)
Empl. Quota – 1,82,500 Shares = 21.90Crs (@1225 per Share)
Total Issue – 1,21,64,400 Shares = 1,519.64Crs.

Subscription required for 1X
RII = 3,49,472 Forms
NII = 224.66Crs
KAUSHAL BODANI
56. KAUSHAL BODANI  Aug 13, 2020 10:34 I Like It. | I Don't Like It. | Report Abuse Reply
LOOK LIKE NOW IPO WILL COME IN NEXT MONTH
Shiv khurana
55. Shiv khurana  Aug 13, 2020 09:42 I Like It. | I Don't Like It. 1 | Report Abuse Reply
Psu bank and Psu co should give bonus shares and good dividend they are sitting in huge cash
Ankur Goel
55.1. Ankur Goel  Aug 13, 2020 10:03 I Like It. | I Don't Like It. | Report Abuse
Are you kidding? PSU banks are sitting on huge cash. They are surviving through govt bailout and you are saying, psu banks are sitting on huge cash. how?
Maria
54. Maria  Aug 12, 2020 23:01 I Like It. | I Don't Like It. | Report Abuse Reply
UTI AMC plans public offering in September
KrishnaTwentyFour
53. KrishnaTwentyFour  Aug 12, 2020 18:22 I Like It. 1 | I Don't Like It. 1 | Report Abuse Reply
please rename this page to MF RI
Ankur Goel
53.2. Ankur Goel  Aug 12, 2020 21:07 I Like It. | I Don't Like It. | Report Abuse
@Hari, please share the news article from where you are quoting UTI IPO is cancelled
trevis
53.3. trevis  Aug 12, 2020 21:34 I Like It. | I Don't Like It. | Report Abuse
Is it really? any confirmed source for this news.. Kindly clarify and update?
NforNandkishor
52. NforNandkishor  Aug 11, 2020 22:44 I Like It. 2 | I Don't Like It. 5 | Report Abuse Reply
Mahindra finance right issue subscriptions status 👇👇👇👇👇
Bse - - 66,68,97,287 bids
Nse - - 14,48,86,900 bids
---------------------------------------
Total bids - - 81,17,84,187 shares
Issue size - - 61,77,64,960 shares
---------------------------------------
1.314 times subscription
Status last updated 7.00pm on 11.08.2020. This is the final subscription figure
Ankur Goel
52.1. Ankur Goel  Aug 11, 2020 23:34 I Like It. 1 | I Don't Like It. | Report Abuse
What is the allotment procedure in case of over subscription in right issue?
NforNandkishor
52.2. NforNandkishor  Aug 12, 2020 01:02 I Like It. | I Don't Like It. 3 | Report Abuse
Actually most of the people has applied for additional share(example Case 2 below) than their entitlement that is why oversubscription happened.

Suppose, you are eligible to 100 right issue then following case may happen

Case 1. If you applied for 100 shares, you will be allotted 100 shares

Case 2. If you applied for 120 shares, you will get atleast 100 shares + some additional share may be allotted to you after finalizing basis of allotment

Case 3. If you applied for 90 shares, you will be allotted 90 shares only
Nayandip
51. Nayandip  Aug 11, 2020 19:57 I Like It. | I Don't Like It. 2 | Report Abuse Reply
Final subscription of M&MFIN...?
Aay updates...?
NAND KISHORE PARWAL
51.1. NAND KISHORE PARWAL  Aug 11, 2020 22:01 I Like It. | I Don't Like It. 2 | Report Abuse
Top Contributor Top Contributor (200+ Posts)
About 1.1times
ammubutter
50. ammubutter  Aug 10, 2020 21:21 I Like It. 1 | I Don't Like It. 4 | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
What is the meaning of qib......icici qib means ?
ankur goel
50.1. ankur goel  Aug 10, 2020 22:31 I Like It. 1 | I Don't Like It. | Report Abuse
Qualified institutional bidders like banks, mutual funds, insurance companies, FII or DII.
KrishnaTwentyFour
50.2. KrishnaTwentyFour  Aug 11, 2020 06:44 I Like It. 1 | I Don't Like It. | Report Abuse
If you are asking about ICICI bank QIP...then it's Qualified Institutional Placement of shares...
In this ICICI bank sold shares to qualified Institutional buyers...
Nayandip
49. Nayandip  Aug 5, 2020 19:51 I Like It. 1 | I Don't Like It. 5 | Report Abuse Reply
How much MMFL rights issue subcribe till now..??
NforNandkishor
49.10. NforNandkishor  Aug 9, 2020 11:28 I Like It. | I Don't Like It. 1 | Report Abuse
Thanks a lot Johny
NforNandkishor
49.11. NforNandkishor  Aug 10, 2020 19:12 I Like It. | I Don't Like It. 1 | Report Abuse
99.78% subscribed today till 6PM. Tomorrow is the last date for subscription. It will surely oversubscribed 1.5 times by tomorrow.
No trade
48. No trade  Aug 9, 2020 20:21 I Like It. 1 | I Don't Like It. | Report Abuse Reply
@46.investermahesh

Keep atleast one share of infoedge (naukari.com) in portfolio to get shares of policybazar in shareholders quota.
ankur goel
48.2. ankur goel  Aug 10, 2020 12:32 I Like It. 2 | I Don't Like It. | Report Abuse
InfoEdge is a ssed investor in PolicyBazzar not a promoter. InfoEdge invested in leading ecommerce business portal in India. So do not confuse between a investor and promoter.
investormahesh
48.3. investormahesh  Aug 10, 2020 16:13 I Like It. | I Don't Like It. | Report Abuse
Ankur ji thanks
Nayandip
47. Nayandip  Aug 10, 2020 15:39 I Like It. | I Don't Like It. 4 | Report Abuse Reply
Any news about M&MFIN rights issue subscription..?
investormahesh
46. investormahesh  Aug 9, 2020 16:53 I Like It. | I Don't Like It. | Report Abuse Reply
i heard that policybazar is coming with ipo. Any parent company?
Hari Sodhi
46.4. Hari Sodhi  Aug 9, 2020 20:18 I Like It. 3 | I Don't Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 2000+ Likes)
@Krishna24

He might be asking from shareholder's quota angle if any shareholder's quota reserved for investors.Infoedge co. is very nice and investor friendly.Good for long term investment.4x in 4 years.
investormahesh
46.5. investormahesh  Aug 9, 2020 23:54 I Like It. 1 | I Don't Like It. | Report Abuse
Thanks to all who have replied
No trade
45. No trade  Aug 9, 2020 20:59 I Like It. 3 | I Don't Like It. | Report Abuse Reply

Buying a stock and being wrong is not a problem. Staying wrong with a bad investment is the problem.

Waiting to get their price back is one of the most common errors a lot of investors.

🙏
PPPSSS
45.1. PPPSSS  Aug 9, 2020 21:32 I Like It. | I Don't Like It. | Report Abuse
100 @%right....
KrishnaTwentyFour
44. KrishnaTwentyFour  Aug 9, 2020 18:31 I Like It. 3 | I Don't Like It. 1 | Report Abuse Reply
LIC IPO Tentative size 80,000 CR
RII QUOTA if considering 35% 28000 CR🤪🙄🙄
If 10% of issue size then still RII QUOTA will be 8000 CR 🤭😬
No trade
43. No trade  Aug 8, 2020 13:36 I Like It. 3 | I Don't Like It. 4 | Report Abuse Reply
IPOs that come upto next month.

1. UTIAMC
2. CAMS
3. Route Mobile
4. Angel Broking
Vinay Agravat
42. Vinay Agravat  Aug 7, 2020 12:29 I Like It. 4 | I Don't Like It. | Report Abuse Reply
New Member New Member
If ipo delay then clearly seems that its greedy promoters market is going higher so that they want to more price their ipo this is India big fish do not want to earn retail investors thanks
Ajitsinh Parmar
42.1. Ajitsinh Parmar  Aug 8, 2020 09:31 I Like It. 1 | I Don't Like It. 4 | Report Abuse
Sir,
We should not expect that every entrepreneur should come up with like RKD’s Avenuesupermart.
It is a choice of investor whether to invest or not at offered price.
Further, TV & Paper News, Reviews, Forum discussions etc. are also helpful in deciding apart from what we feel as per current market situation and past IPO performances.
Wese bhi, konsa vyapari nahi chahta k use atcha profit na ho? Business ki neev hi to Profit he 
MOHIT MILLIONAIRE
41. MOHIT MILLIONAIRE  Aug 8, 2020 00:20 I Like It. 3 | I Don't Like It. 1 | Report Abuse Reply
CAN ANYONE TELL ME THE EXPECTED LAUNCHING DATE OF UTI AMC IPO?

THANKS IN ADVANCE
ankur goel
40. ankur goel  Aug 7, 2020 11:48 I Like It. 2 | I Don't Like It. | Report Abuse Reply
Issue is delayed. It may come in September as per latest news.
Douglas
40.1. Douglas  Aug 7, 2020 18:06 I Like It. | I Don't Like It. | Report Abuse
IPO Mentor IPO Mentor (700+ Posts, 1600+ Likes)
Oh no.
Any other Ipo coming this month ?
Heard barbeque nation and burger king got sebi nod.or it's just a rumour ?
ankur goel
40.2. ankur goel  Aug 7, 2020 21:10 I Like It. 1 | I Don't Like It. | Report Abuse
Both are approved by sebi. Now it is company and book running lead manager turn when they think to open it for subscription.
Eagleye
39. Eagleye  Aug 7, 2020 19:00 I Like It. 4 | I Don't Like It. 7 | Report Abuse Reply
IPO Guru IPO Guru (5200+ Posts, 18000+ Likes)
...

UTI AMC IPO – Issue Information *(Tentative)*

Issue Opens on: ?? August 2020
Issue Closes on: ?? August 2020
Issue Type: Book Built Issue IPO
Issue Size: 3,89,87,081 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.925 – Rs.950 per Share *(Tentative)*
Discount: Rs.25/- (for Employees)
Market Lot: 15 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 12,67,87,254 Shares
Employee Reservation of 2,00,000 Shares @925/- = Rs.18.50Crs (after discount of ~25/-)
Offer for Sale of 3,87,87,081 Shares @950/- = Rs.3,684.77Crs
Equity Shares outstanding after the Issue = 12,67,87,254 Shares

Category-wise Break up:
Anchor – 1,16,36,124 Shares = 1,105.43Crs
QIB – 77,57,416 Shares = 736.95Crs
NII – 58,18,062 Shares = 552.72Crs
RII – 1,35,75,479 Shares = 1289.67Crs (Lot size: 15 = 9,05,032 Forms)
Empl. Quota – 2,00,000 Shares = 18.50Crs (@925 per Share)
Total Issue – 3,89,87,081 Shares = 3,703.27Crs.

Subscription required for 1X
RII = 9,05,032 Forms
NII = 552.72Crs
KrishnaTwentyFour
39.1. KrishnaTwentyFour  Aug 7, 2020 20:30 I Like It. 5 | I Don't Like It. | Report Abuse
Is UTI AMC really coming in this month only?







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App