Employee Reservation of 2,00,000 Shares @500/- = Rs.10.00 Crores (after discount of ~54/-)
Offer for Sale of 3,87,87,081 Shares @554/- = Rs.2,148.8 Crores
Equity Shares outstanding after the Issue = 12,67,87,254 Shares
Category-wise Break up:
Anchor: 1,16,36,124 Shares = 644.64 Crores
QIB: 77,57,416 Shares = 429.76 Crores
NII: 58,18,062 Shares = 322.32 Crores
RII: 1,35,75,479 Shares = 752.08 Crores (Lot size: 27 = 5,02,796 Forms)
Empl. Quota: 2,00,000 Shares = 10.00 Crores (@500 per Share)
Total Issue: 3,89,87,081 Shares = 2158.80 Crores.
Subscription required for 1X
RII = 5,02,796 Forms
NII = 322.32 Crores
UTI AMC Company Profile
We are the seventh largest asset management company in India in terms of mutual fund QAAUM as of September 30, 2019, according to CRISIL. With more than 11 million Live Folios as of September 30, 2019, our client base accounts for 12.8% of the approximately 86 million folios that, according to CRISIL, are managed by the Indian mutual fund industry. Our history and track record in the mutual fund industry, strong brand recognition, distribution reach, performance and client relationships provide a platform for future growth.
We are a professionally managed company led by our Board of Directors and a dedicated and experienced management team. For purposes of the SEBI Mutual Fund Regulations, our four sponsors are the State Bank of India (“SBI”), Life Insurance Corporation of India (“LIC”), Punjab National Bank (“PNB”) and Bank of Baroda (“BOB”) (collectively, the “Sponsors”), each of which has the Government of India as a majority shareholder. T. Rowe Price Group, Inc., a global asset management company, is our other major shareholder (through its subsidiary T. Rowe Price International Ltd. (“TRP”))
We have a national footprint and offer our schemes through a diverse range of distribution channels. As of September 30, 2019, our distribution network includes 163 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. Our IFAs channel includes approximately 51,000 Independent Financial Advisors (“IFAs”) as of September 30, 2019.
UTI AMC IPO Review:
- Apply for Long Term Gain
Brokerage Firm IPO Review:
- Anand Rathi: Subscribe for Long Term
- Capital Market: Avoid
- KR Choksey: Subscribe
UTI AMC IPO Dates & Price Band:
| IPO Open: | 29 September 2020 |
| IPO Close: | 01 October 2020 |
| IPO Size: | Approx ₹2159 Crores (Approx) |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹550 – ₹554 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 38,987,081 Shares |
| Discount: | ₹54 / Employees |
UTI AMC IPO Market Lot:
UTI AMC IPO Allotment & Listing:
| Lot Size: | Minimum 27 Shares & Maximum 351 Shares |
| Minimum Amount: | ₹14958 |
| Maximum Amount: | ₹194454 |
| Basis of Allotment: | 07 October 2020 |
| Refunds: | 08 October 2020 |
| Credit to Demat Account: | 09 October 2020 |
| Listing Date: | 12 October 2020 |
UTI AMC IPO Form:
How to apply the UTI AMC IPO? You can apply UTI AMC IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the UTI AMC IPO in the Invest section. The other option you can apply UTI AMC IPO via IPO forms download via NSE and BSE. Check out the UTI AMC forms – click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
UTI AMC Financial:
| ₹ in Crore | |||||
| Revenue | Expense | PAT | |||
| 2017 | 1049 | 528 | 38 | ||
| 2018 | 1163 | 617 | 35 | ||
| 2019 | 1081 | 590 | 29 | ||
| Q1 FY 2020 | 497 | 257 | 38 | ||
Company Promoters:
- THE COMPANY IS A PROFESSIONALLY MANAGED COMPANY AND DOES NOT HAVE AN IDENTIFIABLE PROMOTER
Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus
UTI AMC IPO Registrar:
KFin Technologies Private Limited
(formerly known as “Karvy Fintech Private Limited”)
Selenium Tower-B, Plot 31 & 32, Gachibowli
Financial District, Nanakramguda, Serilingampally
Hyderabad 500 032, Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.kfintech.com
Contact Person: M Murali Krishna
SEBI Registration Number: INR000000221
Note: Check UTI AMC IPO allotment status on Karvy website allotment URL. Click Here
UTI AMC IPO Lead Managers:
- Axis Capital Limited
- BoA Merrill Lynch
- Citigroup Global Markets India Private Limited
- ICICI Securities Limited
- JM Financial Consultants Private Limited
- Kotak Mahindra Capital Company Limited
- SBI Capital Markets Limited
Company Address:
UTI ASSET MANAGEMENT COMPANY LIMITED
UTI Tower, ‘Gn’ Block,
Bandra-Kurla Complex, Bandra (East),
Mumbai 400051, Maharashtra
Tel: +91 22 6678 6666
Contact Person: Arvind Patkar
Company Secretary and Compliance Officer
E-mail: [email protected]
Website: https://www.utimf.com/
Corporate Identity Number: U65991MH2002PLC137867
UTI AMC IPO FAQs:
Note: The IPO price band and dates will be added as it will be officially announced. The IPO grey market premium (IPO GMP) will be added on the grey market page as it will start)
