UTI Asset Management Company Limited (UTI AMC) which had tapped the capital markets with its offer for sale in a price band of the issue was Rs 552-554. The was open from Tuesday the 29th of September and closed on Thursday the 1st of October.

Earlier the company had allotted shares to anchor investors. The company allotted 1,16,36,124 equity shares to 33 anchor investors comprising of 67 entities. Included in this list, are 15 domestic funds who subscribed through 49 schemes. The highest allocation was made to ICICI Prudential who was allotted 11.61% of the anchor allocation. This was followed by allocating between 7.73% to 7.75% to three mutual funds, namely HDFC AMC, Aditya Birla Sunlife and Reliance Nippon India.

The offer for sale consisted of an issue size of 3,89,87,081 equity shares. The issue saw the QIB portion subscribed 3.34 times, HNI portion undersubscribed at 0.93 times and Retail portion subscribed 2.32 times. The Employee portion was subscribed 1.34 times and the overall issue was subscribed 2.31 times.

The issue saw 8.80 lac applications and on the basis of lots, the retail portion was subscribed 1.75 times.
Full details of the subscription in given below.