Tag: ICICIPrudentialAMCIPO

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.

The ICICI Prudential AMC IPO opened on December 12 with a price band of ₹2,061–₹2,165 per share, raising Rs 10,602 crore through an offer-for-sale by existing shareholders.

By Day 2, the issue was 1.5 times subscribed, led by strong institutional demand, while retail participation remained moderate. The grey market premium stands at around 12%, indicating positive listing sentiment.

Allotment is scheduled for December 17, and the shares are expected to debut on stock exchanges on December 19. Analysts highlight the firm’s market leadership, consistent financial performance, and long-term growth potential despite rich valuations.

India’s largest asset management company, ICICI Prudential AMC, is launching its IPO on December 12, 2025, with anchor bidding on December 11.

The ₹10,602.65 crore offer is fully structured as an offer-for-sale, with Prudential Corporation Holdings offloading up to 4.9 crore shares. The price band is set at ₹2,061–₹2,165 per share, with retail investors allowed a minimum investment of ₹12,990 (6 shares per lot).

Allotment is expected by December 17, and listing on BSE and NSE is tentatively scheduled for December 19. The IPO’s GMP is reported at ₹119 over the issue price.