Tag: asset management in india
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UTI AMC is Losing Share (IPO)
Date 28th Sept; IPO Opens 29-01st Oct at ₹ 552-554 Valuations: P/E 25.4 times TTM Mid Cap: ₹ 7,024 cr. Mkt cap Industry – Asset Management Advice: AVOID Summary Key Strengths: UTI AMC is the second largest AMC in India in terms of Total AUM and the eighth largest in terms of mutual fund AUM.…
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Reliance Nippon AMC IPO – An Asset Indeed
Date 24th Oct IPO Opens 25-27th Oct with Application Price range is Rs. 247-252 Valuations: P/E 38.2 times TTM, P/B 6.1 times (Post IPO) Mid Cap: Rs. 15,400 cr. Mkt cap and Industry – Asset Management Advice: SUBSCRIBE Overview: RNAMC is one of the largest asset management companies in India, managing total AUM of Rs. 3,62,000…
