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UTI AMC Gets Approval From SEBI To Introduce IPO

UTI AMC Gets Approval From SEBI To Introduce IPO

Submitted by • June 23, 2020 topstockstobuytoday.blogspot.com

In any case, the UTI AMC gets endorsement from the market controller. The Benefit the executives organization intends to raise over Rs. 3,000 cr from this Initial public offering.

According to the draft plan, India's biggest AMC as far as all out Assets under management contains the offer of 3,89,87,081 eq shares held by existing investors. Besides, from its all out offers, SBI and LIC and Weave offered their 1,04,59,949 value offers to sell. Additionally, PNB and T Rowe Value Global hoping to offload 38,03,617 value shares.

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