UTI Asset Management Company Limited is on the verge of going public. Leo Puri =, the Managing Director of the company recently stated that the company is "fairly ready" for the Initial Public Offering with a board approval already in place for the same. UTI Asset Management Company (AMC), which has been planning an IPO for a long time, could become the first fund house to be listed in India. Earlier, the firm had filed draft papers with the regulator Sebi in 2008 but could not hit the capital markets.