ICICI Prudential Asset Management Company delivered a strong stock market debut, becoming the second-best performing IPO of 2025 among issues exceeding ₹10,000 crore.
The ₹10,603-crore public offer listed at close to a 20% premium over its issue price, reflecting solid investor confidence. The IPO saw heavy demand across categories, especially from institutional investors, resulting in multiple times subscription.
Only LG Electronics India recorded higher listing gains this year in the large-IPO category. The robust debut highlights sustained interest in established financial services companies, even as overall market conditions remain selective.