The chatter in the market today is dominated by one headline — the ICICI Prudential AMC IPO. As the first public issue from this asset management arm prepares to open its doors, investor focus has naturally sharpened on the dates, the price band, and the structure of the issue. The mood feels similar to any large AMC listing: steady curiosity and a rush to understand the basics before the bidding begins.
Market Performance & Sentiment
The broader market has been holding its range, but conversations around the ICICI Prudential AMC IPO date, IPO size, and the upcoming offer for sale have seen a clear rise. The build-up started as soon as the company released the details in its red herring prospectus, and now the final countdown is underway.
Retail and institutional pockets both seem focused on one thing: the structure of the IPO and how the details line up.
ICICI Prudential AMC IPO: Main News & Full Breakdown
The IPO is set to open on Friday, December 12, and will remain open for bidding until December 16. With this launch, the AMC steps into the public markets through a structured offer that follows standard market norms.
Price Band & Structure
ICICI Prudential AMC has set the IPO price band in the range of ₹2,061 to ₹2,165 per share, with each share carrying a face value of ₹1.
The IPO comes as a pure Offer for Sale (OFS) of 4.89 crore shares. With no fresh issue included, the company will not gain any new capital from the offer. All the proceeds move directly to the shareholder selling the stake.
Lot Size
Retail participation starts small, with:
- 6 shares as the minimum lot
- Applications allowed in multiples of 6 shares
This structure keeps the bidding straightforward and gives investors room to increase their quantity in easy steps.
Company Details: Inside ICICI Prudential AMC
ICICI Prudential AMC is a joint venture-backed asset management company. It has a diversified ownership structure and remains a recognisable entity in the Indian investment landscape.
Shareholding Highlights
- ICICI Bank currently owns 51% of the AMC.
- 49% is held by Prudential Corporation Holdings.
There have been movements on the ownership side as well.
On June 28, ICICI Bank’s board approved buying an additional 2% stake in the AMC. This step was aimed at maintaining majority ownership in the event of stock-based compensation or dilution in the future.
Earlier in February, the bank also reiterated its intention to retain majority control even as its joint venture partner moves ahead with listing and partial dilution.
Industry Positioning
Once listed, ICICI Prudential AMC will join a small group of publicly listed asset management companies in India. It also expands the footprint of ICICI Group entities present on the exchanges.
ICICI Prudential AMC IPO Dates & Timeline
A quick look at the key dates helps keep the entire flow clear:
- IPO Opening Date: December 12
- IPO Closing Date: December 16
- Anchor Investor Bidding: December 11
- Offer Type: 100% Offer for Sale
- Lot Size: 6 shares
- Price Band: ₹2,061–₹2,165
These timelines form the backbone of the ICICI Prudential AMC IPO details, offering a clean snapshot for anyone tracking the issue.
ICICI Prudential AMC IPO Size
The total issue consists of 4.89 crore shares offered through OFS. Since it is a pure sale by the existing promoter, the company will not receive capital infusion through this listing.
Summary
The ICICI Prudential AMC IPO brings a structured, data-driven offer—complete with a price band of ₹2,061 to ₹2,165, a lot size of 6 shares, and an OFS of 4.89 crore shares. With bidding scheduled from December 12 to 16, the stage is set for the AMC to enter the market through a clean, fully-offer-for-sale structure.
All key details, such as dates, price range, shareholding, OFS size, and lot specifications, are now in place, setting a clear path for the public issue.
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