July 26, 2016 7:37 PM ET

Capital Markets

Company Overview of UTI Asset Management Company Limited

Company Overview

UTI Asset Management Company (P) Ltd. is a privately owned investment manager. It manages mutual funds for its clients. The firm invests in money market, fixed income, and public equity markets of India. It employs in-house research while making its investments. UTI Asset Management Company (P) Ltd. was incorporated on November 14, 2002 and is based in Mumbai, India.

UTI Tower GN Block

Bandra Kurla Complex

Bandra East

Mumbai,  400051

India

Founded in 2002

1,144 Employees

Phone:

91 22 6678 6666

Fax:

91 22 2652 4921

Key Executives for UTI Asset Management Company Limited

Managing Director
Age: 55
Chief Financial Officer, Company Secretary, Head of Administration, Head of Information Technology, and Head of Funds Management
Senior Vice President, Head of Research, and Fund Manager of Equities
Age: 45
Head of Legal, Internal Audit, and Operating Risk
Compensation as of Fiscal Year 2016.

UTI Asset Management Company Limited Key Developments

UTI Asset Management Mulls IPO

UTI Asset Management Company (P) Ltd. has proposed an initial public offering (IPO) plan to the government to provide an exit to its four state-run sponsors, State Bank of India (NSEI:SBIN) (SBI), Life Insurance Corporation of India (LIC), Bank of Baroda (BSE:532134) and Punjab National Bank (BSE:532461). At a meeting with the government last week, the fund house proposed an IPO to divest at least 26% of the promoter stake, which will allow a partial exit of the four sponsors in equal proportion. “The IPO route definitely is the best option. UTI has sent its proposal in this regard. The finance ministry has to approve it,” said Leo Puri, Chief Executive Officer, UTI Asset Management Co., in a phone interview.

UTI Asset Management Company (P) Ltd. Presents at Morningstar Investment Conference, Oct-28-2015 11:05 AM

UTI Asset Management Company (P) Ltd. Presents at Morningstar Investment Conference, Oct-28-2015 11:05 AM. Venue: Mumbai, Maharashtra, India. Speakers: Anoop Bhaskar, Head of Equity and Fund Manager.

UTI Asset Management Plans To Launch an Initial Public Offer

UTI Asset Management Company (P) Ltd. is looking to launch an Initial Public Offer to become India's first asset management company to go public.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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