ICICI Prudential AMC IPO Opens Strong, Sees Early Demand from Investors

Market Performance

The IPO of ICICI Prudential Asset Management Company (AMC) began on December 12, 2025, and is set to remain open until December 16, 2025. With the price band declared between ₹2,061 and ₹2,165 per share, the issue is entirely an Offer for Sale (OFS), aiming to raise ₹10,602.65 crore.

By midday on the second day of bidding, the overall subscription stood at 1.28 times, highlighting a steady interest from the market:

• Retail portion: 0.55 times
• Non-Institutional Investors (NII): 1.96 times
• Qualified Institutional Buyers (QIBs): 1.98 times

Main News

The ICICI Prudential AMC IPO offers investors a chance to buy into one of India’s leading asset management firms. While the OFS structure means the company itself will not receive the proceeds, the listing provides liquidity to promoters, reducing their stake. The IPO allows investors to participate in India’s rapidly expanding mutual fund and investment management space.

Company Details

ICICI Prudential AMC is recognized for its comprehensive range of mutual fund offerings, including equity-oriented, hybrid, and alternative investment products. The firm has consistently maintained strong market share and profitability metrics, making it a dominant player in the asset management industry.

IPO Highlights

• Price Band: ₹2,061 – ₹2,165 per share
• Issue Size: ₹10,602.65 crore (OFS)
• Lot Size: 6 shares per lot
• Subscription as of Day 2: 1.28 times overall

Retail investors contributed notably to the demand, while institutional and non-institutional participation added depth to the bidding, reflecting a diverse investor interest across segments.

Summary

The ICICI Prudential AMC IPO represents a significant market event, providing both retail and institutional investors with an opportunity to acquire shares in a leading asset management company. The early subscription figures show steady traction, with strong participation in the institutional and NII segments. With the IPO closing on December 16, investors are keeping a close eye on the allotment and listing dates, anticipated to be December 17 and December 19, 2025, respectively.