The ₹10,602.65 crore initial public offering (IPO) of ICICI Prudential AMC enters its final day of bidding today, 16 December 2025. Till the end of day 2, the IPO received a total subscription of 2.11 times.

ICICI Prudential AMC IPO: Issue Details

Issue Size: The ICICI Prudential AMC IPO is a book-build issue of ₹10,602.65 crores, consisting entirely of an Offer-for-Sale (OFS) by Prudential Corporation Holdings offloading up to 4.90 crore equity shares.
Price Band: The price band is set at ₹2061 and ₹2165 per share.
Lot Size: 6 shares
Minimum Investment: ₹12,990 per lot for retail investors
Book-running lead managers: Citigroup Global Markets India Private Limited, Morgan Stanley India Company Private Limited, BofA Securities India Limited, Axis Capital Limited, CLSA India Private Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited), Kotak Mahindra Capital Company Limited, Nomura Financial Advisory and Securities (India) Private Limited, SBI Capital Markets Limited, ICICI Securities Limited, Goldman Sachs (India) Securities Private Limited, Avendus Capital Private Limited, BNP Paribas, HDFC Bank Limited, JM Financial Limited, Motilal Oswal Investment Advisors Limited, Nuvama Wealth Management Limited, UBS Securities India Private Limited
Registrar: Kfin Technologies Ltd
Listing: The shares are proposed to be listed on the NSE and the BSE on December 19, 2025.

ICICI Prudential AMC IPO Day 3: Subscription Details

[10-December-2025 10:57:00 hrs]

Investor Category	Subscription (Times)
Qualified Institutional Buyers (QIBs)	4.35
Non-Institutional Investors	7.55
Retail Individual Investors (RIIs)	1.14
Shareholders	4.36
Total	3.50

Utilisation of IPO Proceeds

As the issue is an offer for sale (OFS), the company will not receive any proceeds; they will be allocated directly to the Promoter Selling Shareholder, i.e., Prudential Corporation Holdings Limited.

Explore other Upcoming IPOs on BSE and NSE.

ICICI Prudential AMC IPO GMP

According to media reports, the Grey Market Premium (GMP) of the ICICI Prudential AMC IPO is reported at ₹294 over the IPO price.

ICICI Prudential AMC Business Overview

ICICI Prudential Asset Management Company (ICICI Pru AMC) is one of India’s leading and oldest asset management companies. As of September 30, 2025, the company managed total mutual fund assets of ₹10,147.6 billion on a quarterly average basis, making it the largest asset manager in India in terms of active mutual fund QAAUM, with a market share of 13.3% (Source: CRISIL Report).

In the same period, the fund house served a client base of 15.5 million investors with a broad portfolio of 143 mutual fund schemes, including 44 equity and equity-oriented, 20 debt, 61 passive, 15 domestic fund-of-funds (FoFs), and select liquid, overnight, and arbitrage products.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

To read the RA disclaimer, please click here

Do you like this edition?