Ahead of IPO, UTI AMC raises Rs 645 crore through anchor allotment

Mumbai: UTI Asset Management Co (AMC) said on Monday it had raised nearly Rs 644.64 crore through allotment to anchor investors, a day before the scheduled opening of its initial public offer (IPO). The asset manager allocated 1,16,36,124 equity shares to 67 anchor investors at the upper price band of …

Read moreAhead of IPO, UTI AMC raises Rs 645 crore through anchor allotment