At the upper end of the IPO price band, the offer quotes at 25.4 times FY20 earnings and 5.25 per cent of Q1FY21 average asset under manage...

UTI AMC IPO will remain open for subscription from September 29-October 1.

UTI Asset Management Company (AMC) on Thursday fixed a price band of Rs 552-554 per share for its initial public offering (IPO), that will ...

Sebi observed that SBI, LIC and BoB are the sponsors of SBI Mutual Fund, LIC Mutual Fund and Baroda Mutual Fund, respectively, and they als...

Last week, the country's largest lender State Bank of India (SBI) had approved diluting up to 8.25 per cent stake in UTI AMC.

UTI AMC, have decided to sell part of their holdings to the public through a share sale.

LIC has written to the DIPAM, expressing fears that the UTI AMC IPO might get further delayed.

SBI and LIC hold 18.5 per cent each in UTI AMC, as do Punjab National Bank and Bank of Baroda.

The investment firm said the board was not working towards leadership continuity at UTI.

It also said that the board was not working towards leadership continuity at UTI.

Majority of the shareholders of the company have supported the plan to go public.

The stake sale will be in order to adhere to SEBI's minimum shareholding norm. However, no timeline is set for listing of UTI AMC.

UTI AMC isset to kick off talks with a clutch of overseas banks, institutions and private equity funds for placement of equity prior to the...

UTI Asset Management Company (AMC) would appoint merchant bankers by the end of November for valuation of the firm.

UTI Asset Management Company is planning a private placement of equity ahead of its public offer.

UTI AMC on Wednesday said its Board has approved a proposal to sell 49 per cent stake through an Initial Public Offer by the end of this fi...

This will be the first-ever public offer by a mutual fund house in the country. The four sponsor companies, State Bank of India, Punjab Nat...