return to news
  1. Upstox
    /
  2. News
    /
  3. Market News
    /
  4. IPO
    /
  5. ICICI Prudential AMC IPO: 10 key points to consider before ₹10,603 crore offer opens

Market News

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

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

2 min read | Updated on July 03, 2026, 20:54 IST

Google
SelectUpstoxas yourPreferred news source
Copy link
Twitter Page
Linkedin Page
Whatsapp Page

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.

Open FREE Demat Account within minutes!
Join now

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.
HDFC AMC vs ICICI Prudential: The Titans Battling for Mutual Fund Supremacy
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
To add Upstox News as your preferred source on Google, click here.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

Next Story