UTI Asset Management Company (UTI AMC) has filed draft
red herring prospectus (DRHP) with the market regulator Securities and
Exchange Board of India (SEBI) to raise an estimated Rs 3,000 crore
through an Initial Public Offering (IPO). The shares of the bank are
proposed to be listed on NSE and BSE.
The
object of the public issue is to achieve the benefits of listing the
equity shares on stock exchanges. The book running lead managers to the
issue are Kotak Mahindra Capital, Axis Capital, CitiBank, DSP Merrill
Lynch, ICICI Securities, JM Financial and SBI Capital Markets.
UTI
Asset Management Company operates as an investment management firm. The
company offers asset management, research analysis, portfolio
construction, financial planning, and advisory services to group of
individual and institutional investors. UTI Asset Management serves
clients in India.
0 comments:
Post a Comment
Please add comment