Unlisted stock broker in india

Blog

UTI AMC Unlisted Shares

UTI AMC is now Listed company. Arms securities given good profit to customers this company unlisted shares

We recommonded UTI AMC shares at INR 700 and the current value of shares is INR 995

UTI AMC Ltd. 

UTI Asset Management Company, the country’s fifth largest mutual fund manager, has proposed an initial public offering (IPO) plan to the government to provide an exit to its four state-run sponsors—State Bank of India (SBI), Life Insurance Corp. of India (LIC), Bank of Baroda (BoB) and Punjab National Bank (PNB).

At a meeting with the government late March 2016, the fund house proposed an IPO to divest at least 26% of the promoter stake, which will allow a partial exit of the four sponsors in equal proportion.

At present, each of the four state-run sponsors holds an 18.5% stake in the paid-up capital of UTI Asset Management, while the rest is held by T. Rowe Price International Ltd.

“UTI has proposed an IPO of at least 26% promoter stake, which could include partly primary market stake sale and partly secondary market sale. The government has to approve the proposal for enabling UTI Asset Management Co. to go public, which would eventually provide an exit to the four sponsors,” as per reports.

Shareholding Pattern:

Shareholder (2018-19)No. of Shares (Cr)
State Bank of India2.312518.24%
Life Insurance Corporation of India2.312518.24%
Bank of Baroda2.312518.24%
Punjab National Bank2.312518.24%
T. Rowe Price International Limited3.296526%

Financials of UTI AMC Unlisted Shares:

Particulars (In Crores)2019201820172016
Gross Income10081018853749
Gross Expense515537452.7407.29
PBT492481398.5341.82
TAX143140107.7109.77
PAT348341290232.05
EPS27.4826.9322.9418.33
Paid-up Capital126.79126.79126.79126.79
Net Worth2407217218901578

Comparison With Peers:

CompanyFVShare PriceMcap (Cr)AUM (Cr)Mcap/AUM
Reliance Nippon1028217,3142,09,4848%
HDFC AMC5261055,5093,75,56015%
UTI AMC1078098891,59,7646%

UTI Mutual Fund

Key Information

Mutual FundUTI Mutual Fund
Setup DateFeb-01-2003
Incorporation DateNov-14-2002
SponsorState Bank of India / Punjab National Bank / Bank of Baroda / Life Insurance Corporation
TrusteeUTI Trustee Co (P) Ltd
ChairmanN.A
CEO / MDMr. Leo Puri
CION.A
Compliance OfficerMr. Vivek Maheshwari
Investor Service OfficerMs Nanda Malai
Assets ManagedRs. 157585.79 crore (Dec-31-2018)

Other Details

AuditorsM/s Haribhakti & Co.
CustodiansCiti Bank / Stock Holding Corporation of India Limited / The Bank of Nova Scotia
RegistrarsN.A
AddressUTI Towers, Gn Block, Bandra Kurla Complex, Bandra East, Mumbai 400051
Telephone Nos.022-66786666
Fax Nos.022-66786503/78
E-mailservice@uti.co.in

Buy Shares of UTI AMC Unlisted Shares, Sell Shares of UTI AMC Unlisted Shares, We trade in UTI AMC Shares, Best trader for UTI AMC Shares

Leave a Reply

    Our customer support team is here to answer your questions. Ask us anything!