UTI AMC garners Rs 645 cr from anchor investors; IPO opens for subscription

UTI Asset Management Company (AMC) has raised Rs 645 crore from anchor investors as its initial share-sale opens for public subscription on Tuesday. The company has allocated 1,16,36,124 equity shares at the upper price band of Rs 554 to 67 anchor investors, UTI AMC informed stock exchanges late night on Monday.

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