UTI AMC which is also known as Unit Trust of India Asset Management Company has closed its IPO and is expected to list on the secondary market soon. UTI AMC IPO allotment is a very important question in the mind of every retail investor.
UTI AMC is in the business of managing the domestic mutual funds. They also provide PMS i.e. Portfolio Management Service to institutional and high net worth clients. 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
The answer is, UTI AMC IPO Allotment will be on 7th October 2020, Wednesday and you can check the SBI Cards IPO allotment status here
UTI AMC Allotment Date: – 07 October 2020
UTI AMC Listing Date: – 12 October 2020
UTI AMC IPO Basis of Retail Allotment: 1 out of 3 application
Check UTI AMC IPO Allotment Here:
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Must Read:
UTI AMC IPO Grey Market Price
UTI AMC IPO Subscription Status
UTI AMC IPO Dates and Review
UTI AMC IPO Dates & Price Band:
| IPO Open: | 29 September 2020 |
| IPO Close: | 01 October 2020 |
| IPO Size: | Approx ₹2159 Crores |
| Price Band: | ₹550 – ₹554 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 38,987,081 Shares |
UTI AMC IPO Market Lot:
- Shares: Minimum 27 Shares & Maximum 351 Shares
- Minimum Amount: ₹14958
- Maximum Amount: ₹194454
UTI AMC IPO Allotment & Listing:
- Basis of Allotment: – 07 October 2020
- Refunds: – 08 October 2020
- Credit to Demat accounts: – 09 October 2020
- Listing: – 12 October 2020