E-PaperUti Amc Ipo News
UTI AMC IPO opens tomorrow: Key things to know before you invest
UTI AMC IPO will open on September 29 and close on October 1The mutual fund company will offer 3.8 crore of its shares in the price band of ₹552 -554
3 min read28 Sep 2020UTI MF share sale next week
The three-day sale, which aims to raise ₹2,160 cr in the upper price band of ₹552-554 apiece, closes on 1 OctThe IPO comes when the mutual fund industry is struggling with redemption pressures
2 min read25 Sep 2020SBI to divest 8.5% stake in UTI AMC via IPO
The SBI will divest up to through IPO by way of offer for sale of up to 1,04,59,949 equity shares,UTI AMC is planning to launch an initial public offer (IPO) by the end of this fiscal
1 min read4 Dec 2019UTI Asset Management picks Citi, ICICI Securities for planned IPO
The UTI AMC offering could raise about ₹2,600 crore ($366 million)Existing shareholders plan to sell a combined 30% stake in the proposed offering
1 min read24 Oct 2019Deals Buzz: Amazon in talks for stake in Spencer’s
Mint brings to you your daily dose of top deals reported by newsrooms across the country
3 min read30 Aug 2018Govt set to approve ₹ 5,000 crore UTI AMC IPO
Before the UTI AMC IPO, the government will ask LIC, SBI, PNB and Bank of Baroda to cut their stakes in UTI Mutual Fund from 18.25% to 10% each
5 min read30 Aug 2018Disappointed in UTI MF shareholders for not cutting down stakes: T Rowe Price
T Rowe Price, the largest stakeholder in UTI Mutual Fund, also said that the board was not working towards leadership continuity at UTI
2 min read23 May 2018UTI Asset Management set to launch IPO, to sell 26-30% stake
The UTI Asset Management IPO will see State Bank of India, Bank of Baroda, Punjab National Bank and LIC dilute their stake to raise Rs2,500 crore
3 min read24 May 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared