News From Press UTI AMC to go public next week as IPOs make a comeback

UTI AMC to go public next week as IPOs make a comeback

The mutual fund manager’s plan to launch its share sale comes at a time when the IPO market is seeing a revival in activity. Several other companies are also planning to go public this month.

Mint Sep 8, 2020

Mutual fund manager UTI Asset Management Co. Ltd (UTI AMC) is planning to launch its ₹3,000 crore initial public offering (IPO) in the week of 14 September, as the company’s existing shareholders look to tap the recovery in the IPO market.

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