The initial public offer (IPO) of UTI Asset Management Company Ltd subscribed 2.30 times on Thrusday the last day of the offering data from stock exchanges show.
UTI Asset Management Company Ltd had set a price band of Rs 552-554 per share and the IPO closed on 01st October.
The portion of shares reserved for non institutional investors was subscribed 0.92 times, while shares reserved for retail investors was subscribed 2.32 times.
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