UTI Related Circumstances First Public Attempt IPO is obliged to meet the pit near April 2008, reports Company Right. The mutual fund house, which had once agreed the IPO tariff union, is disposed to neglect the offer price of its 48. 5 million shares IPO, due to the shall sway the stock markets. State-run UTI MF suffered a tone at its pool near February, which stood at Rs 524. 64 billion compared to Rs 526. 56 a thousand in the then the season.