IPO

UTI Asset Management Company Ltd IPO

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Finance - Asset Management

Listed On: Oct 12, 2020 at ₹ 500.0

₹ 14958 /27 Shares

Check Allotment

29 Sep, 2020

Open Date

01 Oct, 2020

Close Date

08 Oct, 2020

Allotment Date

12 Oct, 2020

Listing Date
Price Summary

Last Closing

1,132.00 (104.33%)

52 Week High

1,494.80

52 Week Low

905.00

Last Update

19-Dec-2025 3:30 PM
IPO Live Subscription Details
QIB 3.34x
Retail 2.32x
NIIs 0.93x
Retail 2.32x
EMP 1.34x
Total 2.31x
Last updated: 2020-10-01 17:00:00
IPO Issue Details
  • Issue Price ₹552 to ₹554 per equity share
  • Face Value ₹10 Per Equity Share 
  • Issue Price 38,987,081 Eq Shares of ₹10
    (aggregating up to ₹2,159.88 Cr))
  • Listing at BSE, NSE
  • List Price 500.0
  • Listing Date 2020-10-12
  • Lead Manager 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
  • Registrar KFintech Private Limited
IPO Details
  • Retail Portion N/A
IPO Documents
RHP
DRHP
IPO Details


The IPO of is priced at ₹552 - 554 per equity share, which has a face value of ₹10 Per Equity Share  each, IPO bidding starts from Sep 29, 2020 and ends on Oct 1, 2020. The allotment for IPO will be finalized on Oct 8, 2020. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Oct 12, 2020. The company shall list its equity shares on the BSE, NSE. KFintech Private Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are 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.


The IPO sets its price band at 552 - 554 for each share. A single application for UTI Asset Management Company Ltd IPO must contain at least 27 shares.

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IPO Subscription Analysis And Details
Retail
2.32x
QIB
3.34x
NII
0.93x
Total
2.31x
As on QIB NII Retail Employee Total
Shares Offered / Reserved 7,757,416 5,818,062 13,575,479 200,000 27,350,957
Day 1 29-09-20 05:10 PM
0.00 x 0.06 0.51 x 0.31 x 0.27 x
Day 2 30-09-20 05:00 PM
0.48 x 0.35 1.15 x 0.66 x 0.79 x
Day 3 01-10-20 05:30 PM
3.34 x 0.93 2.32 x 1.34 x 2.31 x
Valuations
Earnings Per Share (EPS) ₹21.53
P/E Ratio 25.73
RoNW 9.88%
Net Asset Value (NAV) - Post Issue ₹223.60
Company Financials
In Crs.
In Cr.
30-Sep-19 31-Mar-19 31-Mar-18 31-Mar-17
Assets 3,046.81 3,013.26 2,919.25 2,503.11
Revenue 496.35 1,080.894 1,162.74 1,048.25
Profit After Tax 208.92 347.92 405.09 395.22
About Company

UTI Mutual Fund is one of the leading mutual fund investment companies in India.
UTI Mutual Fund has a nationwide distribution network, which is spread across the length and breadth of the country. Its distribution network comprises over 48000 AMFI/NISM certified Independent Financial Advisors and 174 Financial Centers.

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IPO - Issue Objectives
1

To achieve the benefits of listing the Equity Shares on the Stock Exchanges

2

The sale of up to 38,987,081 Equity Shares by the Selling Shareholders

IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
UTI AMC Ltd 2.48 25.73 9.98 890.96 Cr
HDFC AMC Ltd 12.54 39.66 31.59 2143.43 Cr
NIPPON Life India AMC Ltd 6.63 38.48 17.24 1134.29 Cr