UTI AMC IPO GMP History
UTI AMC IPO has been listed on October 12, 2020 at a listing price of ₹500, against the issue price of ₹554 — a loss of ₹54 (-9.75%). The GMP peaked at ₹175 on 24 September 2020 and reached a low of ₹37.5 on 2 October 2020. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
UTI AMC IPO raised ₹2159.88 Cr. through its IPO at a price band of ₹552 to ₹554 per share, with a lot size of 27 shares. The IPO was open for subscription from 29 Sep 2020 to 01 Oct 2020.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 11 Nov, 6:58 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 02 Oct 2020 | ₹ 37.5 | — | 7% | — | — |
| 01 Oct 2020 | ₹ 37.5 | — | 7% | — | — |
| 30 Sep 2020 | ₹ 37.5 | ▼ | 7% | — | — |
| 29 Sep 2020 | ₹ 57.5 | — | 10% | — | — |
| 28 Sep 2020 | ₹ 57.5 | ▼ | 10% | — | — |
| 27 Sep 2020 | ₹ 145 | — | 26% | — | — |
| 26 Sep 2020 | ₹ 145 | — | 26% | — | — |
| 25 Sep 2020 | ₹ 145 | ▼ | 26% | — | — |
| 24 Sep 2020 | ₹ 175 | ▲ | 32% | — | — |
| 23 Sep 2020 | ₹ 150 | — | 27% | — | — |
| 22 Sep 2020 | ₹ 150 | — | 27% | — | — |
UTI AMC IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 29 Sep 2020
- Close 01 Oct 2020
- Allotment 07 Oct 2020
- Refund/credit 08 Oct 2020
- Listing 12 Oct 2020
UTI AMC IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹554 |
|---|---|
| GMP-based estimate (pre-listing) | ₹591 (+6.7%) |
| Listing gain / loss | −₹54 per share |
| Listing date | 12 Oct, 2020 |
| Actual listing price | ₹500 (-9.75%) |
Is UTI AMC IPO GMP reliable?
Grey market premium for UTI AMC IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the UTI AMC IPO full review for a fundamentals-based assessment before making any grey market trades.
UTI AMC IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for UTI AMC IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About UTI AMC IPO
UTI Asset Management Company Limited was incorporated as UTI Asset Management Company Private Limited on 14 November 2002. UTI Mutual Fund was set up under a trust deed executed by SBI, LIC, BOB and PNB.
According to CRISIL data in its RHP, on 30 June 2020 it was the second largest AMC in India by total AUM and the eighth largest by mutual fund QAAUM. It also had the largest share of monthly average AUM in B30 cities among the top 10 AMCs.
It manages the domestic funds of UTI Mutual Fund, portfolio management services for institutions and high net worth individuals, and retirement, offshore and alternative investment funds. It has no identifiable promoter.
The IPO was Rs 2,159.88 crore and was entirely an offer for sale by existing shareholders, so the company received no money.
Frequently asked
What is the GMP of UTI AMC IPO?
The current Grey Market Premium (GMP) of UTI AMC IPO is ₹ 37.5.
What is the Kostak Price of UTI AMC IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for UTI AMC IPO is not available.
What is the Subject to Sauda Price of UTI AMC IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of UTI AMC IPO?
UTI AMC IPO listed on October 12, 2020 at ₹500, against the issue price of ₹554 — a loss of -9.75%.
How did the GMP of UTI AMC IPO trend before listing?
The GMP of UTI AMC IPO was stable in its final days before listing. The GMP peaked at ₹175 on 24 September 2020. View the day-wise table above for the complete GMP history.
Explore UTI AMC IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
