The share opened at Rs 490.25 causing loss of Rs 63 or 11.50% to investors. Price band of the IPO was fixed at Rs 552 to Rs 554 per share

India Stock Market Highlights Today: SBI, followed by ITC, PowerGrid, Axis Bank, NTPC, ICICI Bank, HDFC and Kotak Bank were among the top gainers on Sensex pack. On the other hand, Bajaj Auto, ONGC, Titan, HDFC Bank and Asian Paints were among the laggards

The Rs 2,160-crore IPO of UTI AMC opened for subscription on September 29 and ended on October 1 in a price range of Rs 552-554 per share. UTI Asset Management IPO was subscribed around 2.3 times till the final day of bidding

India Stock Market Highlights Today:  HCL Tech, TCS, Infosys and Tech Mahindra were among the top gainers on both BSE and NSE today. On the other hand, Bajaj Auto, GAIL, ONGC, Indian Oil and Asian Paints were among the top losers today

The allotment for the shares is expected to be known by October 7/ October 8. Those who had bid for the issue can check the subscription status on the online portal of KFin Technologies, the registrar to the issue

India Stock Market News Updates Today: IndusInd Bank, TCS, Tata Steel, ICICI Bank, Infosys and Axis Bank were among the top gainers on the Sensex chart, surging as much as 5%

India Stock Market Highlights Today: IndusInd Bank was the top gainer in the Sensex pack, followed by Bajaj Auto, Bajaj Finance, Axis Bank, SBI, Bajaj Finserv, ICICI Bank, HDFC twins and Reliance Industries

The Rs 2,160-crore initial public offering of UTI Asset Management Company was subscribed 78.5 per cent on the second day of bidding on Wednesday

Most brokerages had advised subscribe rating to the Chennai headquartered company, given its strong financials and industry base. The IPO which had a price band of Rs 1,229-1,230 apiece, may make its market debut at Rs 1,550 on BSE and NSE

India Stock Market Highlights Today: Sun Pharma, ONGC, M&M and HUL were among the gainers. On the other hand, IndusInd Bank was the top loser in the Sensex pack, followed by ICICI Bank, Axis Bank, SBI, PowerGrid, NTPC and HDFC Bank.

Stocks to watch today on September 30: HDFC, RIL, Britannia, PVR, Future Enterprises among others are the top stocks to watch out for in Wednesday's trading session

Grey market premium of CAMS share has reduced to Rs 300 from the earlier Rs 500 after Sensex and Nifty ended in the red during a volatile last week

The objective of the offer is to achieve the benefits of listing the equity shares on the stock exchanges. Being an OFS, the net proceeds from the share sale of UTI AMC will go to existing shareholders SBI, LIC, BoB

India Stock Market Highlights Today: TCS was the top gainer, followed by Asian Paints, Titan, UltraTech Cement, the HDFC duo, Tata Steel and Infosys. On the other hand, IndusInd Bank, ONGC, ICICI Bank and Axis Bank were among the laggards in the Sensex pack

Kotak Mahindra Capital Company, Axis Capital, Citigroup Global Markets India, DSP Merrill Lynch, ICICI Securities, JM Financial and SBI Capital Markets are the book running lead managers to the offer

The Rs 2,242-crore IPO of the technology-driven financial infrastructure and services provider to mutual funds and other financial institutions opened on September 21 and ended on September 23, at a price band of Rs 1229-Rs 1230

India Stock Market Highlights Today: On hopes of the US Govt to announce a stimulated package, global markets begun the new trading week with modest gains.

India Stock Market News Updates Today: Bharti Airtel, Tata Steel, PowerGrid, NTPC, ONGC, TCS and Bajaj Auto were among the laggards on Sensex pack. On the other hand, Infosys, HCL Tech, Asian Paints, Kotak Bank, Titan and HDFC Bank were among the other gainers.

CAMS is selling 1.82 crore shares through the offer for sale (OFS) route. Face value will be Rs 10 per equity share

CAMS IPO: The issue will involve sale of 1.82 crore shares through the offer for sale (OFS) route. Face value will be Rs 10 per equity share