Mumbai: UBS has converted all its warrants in 360 ONE WAM, one of India’s largest independent wealth and asset managers, and now holds about 4.8% of the company.
360 ONE has issued 20,502,939 shares to UBS AG at ₹1,030 each, worth about ₹2,111.80 crore in total. The company’s paid-up capital has risen to 42,84,17,139 shares.
UBS bought the warrants in a preferential allotment on July 21, 2025, paying a quarter of the price at the time. It has now paid the remaining 75% and converted every warrant into shares.
360 ONE manages more than ₹9 lakh crore for more than 9,000 families and companies. UBS, based in Switzerland, manages $7.3 trillion in invested assets across more than 50 markets.
The Narrative Republic: Partners in India’s Growth
Our analysis
UBS has gone from watching India’s wealth market to owning part of it. Paying in full for every warrant shows it is committed, and it makes 360 ONE its main route into the market. UBS gets a stake in India’s growing private wealth without having to build its own private bank here.
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