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Sep 22, 2020, 6 tweets

UTI Asset Management Company Limited IPO

#IPO dates:

Price Band Advertisement in Papers: Sep 24th (Thu)
Anchor Date: Sep 28th (Mon)
Issue Opening: Sep 29th (Tue)
Issue Closing: Oct 1st (Thu)
Listing: Oct 12th (Mon)

UTI Asset Management Company Limited IPO

#IPO details:

Price Band: Rs 552- Rs 554
bid lot: 27

Anchor Date: Sep 28th (Mon)
Issue Opening: Sep 29th (Tue)
Issue Closing: Oct 1st (Thu)
Listing: Oct 12th (Mon)

Market share of HDFC AMC is 14% and UTI is 5.5% approximately

valuation wise
UTI appears cheaper than NAM and HDFC AMCs

#UTI #AMC #IPO
GMP 122 +/- 2
But less Volumes

UTI #IPO

day 1
subscribe 0.27x

Retail 0.51x
employee: 0.31x
HNI 0.06x

UTI #IPO

continues to be slow
12 noon on last day
subscribe 0.96x

Retail 1.47x
employee: 0.79x
QIB: 0.48x
HNI 0.42x

UTI #IPO
finally oversubcribed....

Retail 1.6x
employee: 1x
QIB: 0.9x
HNI 0.5x

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