ICICI Prudential AMC IPO To Open On December 12; Check GMP, Price Band, and Key Details

India’s largest asset management company (AMC), ICICI Prudential Asset Management Company Ltd., filed its red herring prospectus on December 5, 2025. The company is all set to launch its IPO (Initial Public Offering) on December 12, 2025, with anchor bidding scheduled on December 11, 2025. 

ICICI Prudential AMC IPO Details

• Bidding Timeline: The IPO will remain open from December 12 to December 16, 2025
• Issue Size: The IPO is a book-build issue of ₹10,602.65 crores and structured entirely as an Offer-for-Sale (OFS), with Prudential Corporation Holdings, the UK-based partner, offloading up to 4.90 crore equity shares.
• Price Band: The price band is set between ₹2061 and ₹2165 per share.
• Lot Size (for retail investors): 6 shares per lot
• Minimum Investment (for retail investors): ₹12,990 per lot based on the cut-off price
• Allotment & Listing: The basis of allotment will be finalised by December 17, 2025, and the tentative listing on BSE and NSE is scheduled for December 19, 2025.
• 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 Limited
• Use of 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. 

ICICI Prudential AMC IPO GMP

As per media reports, the Grey Market Premium (GMP) of ICICI Prudential AMC IPO is reported at ₹140. The shares are expected to list at a premium of 6.47% from the upper price band.  

ICICI Prudential AMC Business Overview 

ICICI Prudential Asset Management Company (ICICI Pru AMC) is one of India’s leading 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).  

As of September 30, 2025, the fund house served a client base of 15.5 million investors and had 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.

ICICI Prudential AMC Financials

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

To read the RA disclaimer, please click here.