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  1. ICICI Prudential AMC IPO: 10 key points to consider before ₹10,603 crore offer opens

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ICICI Prudential AMC IPO: 10 key points to consider before ₹10,603 crore offer opens

Kamal Joshi

3 min read | Updated on December 09, 2025, 15:26 IST

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SUMMARY

ICICI Prudential AMC IPO: The ₹10,602.65 crore initial public offering consists only of an offer for sale of 48,972,994 shares by promoter Prudential Corporation Holdings Ltd.

At present, ICICI Bank holds a 51% stake in the AMC, while the remaining 49% is held by its joint venture partner, Prudential Corporation Holdings. | Image: Shutterstock

At present, ICICI Bank holds a 51% stake in the AMC, while the remaining 49% is held by its joint venture partner, Prudential Corporation Holdings. | Image: Shutterstock

ICICI Prudential AMC IPO: The initial public offering of ICICI Prudential Asset Management Company Ltd (AMC), a subsidiary of ICICI Bank, will hit the primary market on Friday, December 12. The issue will end on December 16.

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As the IPO is just a few days away, here are key things to know.

ICICI Prudential AMC IPO: 10 key points to know

  • ICICI Prudential AMC subscription period: The initial public offering will be live from Friday, December 12, to Tuesday, December 16.
  • Anchor round: Bidding for anchor investors will occur on December 11.
  • IPO offer structure: The ₹10,602.65 crore IPO consists only of an offer for sale of 48,972,994 shares.
  • Objectives: Under the OFS, promoter Prudential Corporation Holdings Ltd will divest its stake. As there is no fresh issue component, the company will not get any proceeds from the issue.
  • ICICI Prudential AMC IPO price band: The price range has been set at ₹2,061 to ₹2,165 per share.
  • Reservation: The company has set aside 50% of the net offer for qualified institutional buyers, 15% for non-institutional investors (NIIs) and 35% for retail investors.
  • ICICI Prudential AMC IPO lot size: Retail investors can apply for a minimum of six shares and in multiples thereof.
  • Book-running lead managers: Citigroup Global Markets India, BofA Securities India, Morgan Stanley India, Axis Capital, IIFL Capital Services, CLSA India, Nomura Financial Advisory and Securities, Kotak Mahindra Capital and SBI Capital Markets are the IPO's book-running lead managers. KFin Technologies Ltd serves as the registrar.
  • ICICI Prudential AMC IPO allotment date: The allotment is likely to be finalised on December 17.
  • Listing date: The listing on the NSE and the BSE will take place on December 19.
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ICICI Prudential AMC IPO GMP

According to media reports and investorgain.com, unlisted shares of ICICI Prudential Asset Management Company Ltd are trading at ₹2,289, reflecting a grey market premium of 5.73% over the upper price band of ₹2,165.

Disclaimer: Grey Market Premium (GMP) is not regulated or recommended by the stock exchanges or SEBI. Upstox does not endorse or facilitate trading in the grey market. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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