The initial public offer (IPO) of UTI Asset Management Company Ltd subscribed 0.7847 times on Wednesday the second day of the offering data from stock exchanges show.
UTI Asset Management Company Ltd has set a price band of Rs 552-554 per share and the IPO closes on 01st October.
The portion of shares reserved for non institutional investors was subscribed 0.3470 times, while shares reserved for retail investors was subscribed 1.1568 times.
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