UTI AMC IPO description – UTI AMC is the second largest asset management company in India in terms of Total AUM and the eighth largest asset management company in India in terms of mutual fund QAAUM as of 30 June 2020. The company manages the domestic mutual funds of UTI Mutual Fund, provides portfolio management services (PMS) to institutional clients and high net worth individuals (HNIs), and manages retirement funds, offshore funds and alternative investment funds.
UTI AMC’s total QAAUM for domestic mutual funds was INR1,336.3 billion, while Other AUM was INR8,493.9 billion as of 30 June 2020. With 10.9 million live folios as of 31 March 2020, its client base accounted for 12.2% of the 89.7 million folios that are managed by the Indian mutual fund industry.
As of 30 June 2020, its distribution network includes 163 UTI Financial Centres (UFCs), 257 Business Development Associates (BDAs) an Chief Agents (CAs) (40 of whom operate Official Points of Acceptance (OPAs)) and 43 other OPAs, most of which are in each case located in B30 cities. Its Independent Financial Advisors (IFA) channel includes approximately 53,000 IFAs as of 30 June 2020.
UTI AMC IPO allotment date is 07 October 2020, Wednesday. UTI AMC IPO subscribed 2.31x times, QIB 3.34x, HNI 0.93x and RII 2.32x times overall. As per the subscription numbers the IPO was not able to get attention of the QIB and HNIs. As the GMP going down we can expect a flat listing for the IPO. Still the GMP is around 40-50 so we might have a chance but coming days will be a key factor for the IPO. Check out UTI AMC IPO allotment status online. You can check UTI AMC allotment with the given options below.
UTI AMC IPO Allotment & Listing Details:
UTI AMC IPO allotment date is 07 October 2020 but the allotment might come on 08 October 2020. As per the subscription numbers, the basis of allotment UTI AMC IPO will be around 2:1
| UTI AMC IPO Allotment Date |
07-Oct-20
|
| UTI AMC Listing Date | 12-Oct-20 |
| UTI AMC IPO Basis of Allotment | 3:1 |
Note: UTI AMC IPO Allotment Status will be available whenever the Registrar of IPO will put on their official sites.
# Option 1: BSE Website:
- Go to BSE Website
- Check box "Equity"
- Select IPO Name UTI AMC
- Type Your Application Number
- Type Your Pan Number
# Option 2: KFintech Website:
- Go to KFintech Website
- Select IPO Name UTI AMC
- Select Option from PAN Number, Application Number or Demat Account Number
- As per selection add PAN Number, Application Number or Demat Account Number
# Option 3: in Your Demat Account:
- Call Your Broker or Login to Your Demat Account / Trading Account
- Check the stock is credited to your account or not
# Option 4: in Your Bank Account:
- Login to your Bank Account
- Check the Amount is debited or released
Read Also:
UTI AMC IPO Subscription Numbers
(Over Subscribed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00x | 0.48x | 3.34x |
| HNI | 0.06x | 0.35x | 0.93x |
| RII | 0.51x | 1.15x | 2.32x |
| EMP | 0.31x | 0.66x | 1.34x |
| Total | 0.27x | 0.79x | 2.31x |
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 Allotment FAQs:
When is UTI AMC IPO Allotment Date?
UTI AMC IPO Allotment date is 07 October 2020.
What will be UTI AMC IPO Refund Date?
The IPO refund date is 08 October 2020.
What is the chance to get the UTI AMC IPO Allotment?
The IPO allotment is based of the subscription. As per the retail application received the basis of allotment will be around 2:1
How to check the UTI AMC IPO Allotment?
Check UTI AMC IPO allotment via your PAN number, the application number, or amount deducted in your bank.
