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UTI AMC IPO allotment finalized: Here’s where you can check the status

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The shares will be credited to the account of eligible investors by October 9.

UTI AMC IPO allotment finalized: Here’s where you can check the status
The Rs 2,160-crore initial public offering (IPO) of UTI Asset Management Company (AMC) has finalized the allotment of shares on October 7. The stock will be listed on the exchanges on October 12.
The IPO was subscribed around 2.3 times till the final day of bidding. It opened on September 20 and closed on October 1.  According to stock exchange data, the UTI AMC issue received bids for 6.31 crore equity shares, compared to the issue size of 2.73 crore shares.
UTI AMC is the second-largest asset management company in India in terms of total assets under management, and also has the largest share of monthly average AUM amongst the top ten Indian AMCs coming from cities beyond the top 30.
The unblocking of funds from the ASBA account has been finalized and the shares will be credited to the account of eligible investors by October 9.
Here's how you can check the allotment status:
On BSE:
2) Select ‘Equity’ and then from the dropdown, select issue name - "UTI Asset Management Company
3) Enter your application number and PAN card number
4) Click on the "Search" button
Through the website of Registrar - KFin Technologies.
2) Select IPO name from the dropdown
3) Enter Application Number or DP ID/Client ID or PAN
4) In case of application number, select application type (ASBA or NON ASBA) and Enter Application Number. In the case of DPID/Client ID, select Depository "NSDL or CDSL" and enter "DP ID/Client ID".
5) Enter Captcha and submit
The status will only appear post allotment if the details are entered correctly. In the case of non-allotment, the blocked amount will be refunded to your bank account.
This will be the third AMC to get listed on the stock exchanges after Nippon Life India Asset Management and HDFC AMC.
Five major shareholders, SBI (18.2 percent holding pre-issue), LIC (18.2 percent holding pre-issue), BOB (18.2 percent holding pre-issue), PNB (18.2 percent holding pre-issue) and T Rowe Price (26 percent holding pre-issue) are executing OFS of 3.9 crore shares with an offer size of Rs 2,160 crore. Post the IPO the shareholding of SBI, LIC, BOB, PNB, and T Rowe Price will be 10 percent, 10 percent, 10 percent, 15 percent, and 23 percent respectively.
The AMC raised nearly Rs 644.64 crore through allotment to anchor investors, a day before the scheduled opening of its IPO. The anchor investors included Nomura (Singapore), Goldman Sachs (Singapore), Morgan Stanley Asia (Singapore), ICICI Prudential Mutual Fund and HDFC Mutual Fund, among others.
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