ICICI Prudential AMC IPO will open in 12 December 2025 and close in 16 December 2025. This is a Bookbuilding Issue through which the company aims to raise around crores. The issue includes a fresh issue of ₹ crores and an offer for sale of up to equity shares with a face value of ₹1 each. The ICICI Prudential AMC IPO price band is set between ₹2,061 to ₹2,165 per share. The IPO will list on BSE and NSE in 2025. The allotment date is scheduled for 2025.
The company reported strong financial growth, with revenue rising to ₹4,979.67 crore in 2025 from ₹3,761.21 crore in 2024. Profit also grew to ₹2,650.66 crore from ₹2,049.73 crore in the previous year. Considering the financial performance, long-term investors may find the IPO worth evaluating.
Contents
ICICI Prudential AMC IPO Details
| Details | Information |
|---|---|
| IPO Open Date | 12 December 2025 |
| IPO Close Date | 16 December 2025 |
| Face Value | ₹1 per share |
| Price Band | ₹2,061 to ₹2,165 Per Share |
| Issue Size | Approx ₹10,602.65 Crores |
| Fresh Issue | Approx ₹ crores |
| Offer for Sale | Approx equity shares |
| Issue Type | Bookbuilding Issue |
| Listing | BSE, NSE |
| DRHP | View PDF |
| RHP | View PDF |
ICICI Prudential AMC IPO
Open: 12-16 Dec 2025
Issue Size: ₹10602.65 Cr.
Objective: Raising funds to fuel business growth, expand operations, and strengthen financial stability for future expansion.
Exchange: BSE NSE
ICICI Prudential AMC IPO GMP Today
The latest Grey Market Premium (GMP) for the ICICI Prudential AMC IPO stands at ₹162, updated on 12 December 2025. With a price band of ₹2165, the IPO’s estimated listing price comes to ₹2327, indicating an expected gain of 7.48% per share.
Retail Subject to Sauda is trending at ₹700, while Small HNI Subject to Sauda stands at ₹11,200. Based on movement over the last eight sessions, the GMP trend is showing steady upward momentum, signalling the possibility of a strong listing. The GMP range so far has moved between a low of ₹0 and a high of ₹185, reflecting improving sentiment among grey market participants.
ICICI Prudential AMC IPO Day-Wise GMP Trend:
| Date | GMP | Estimated Listing Price | Expected Gain |
|---|---|---|---|
| 12 December 2025 | ₹162 (Up) | ₹2327 | 7.48% |
| 11 December 2025 | ₹150 (Up) | ₹2315 | 6.93% |
| 10 December 2025 | ₹119 (Down) | ₹2284 | 5.50% |
| 09 December 2025 | ₹124 (Up) | ₹2289 | 5.73% |
| 08 December 2025 | ₹85 (Down) | ₹2250 | 3.93% |
| 07 December 2025 | ₹130 (Down) | ₹130 | 0.00% |
| 06 December 2025 | ₹185 (Up) | ₹185 | 0.00% |
| 05 December 2025 | ₹0 (No Change) | ₹0 | 0.00% |
The past few trading sessions show a consistent recovery in GMP, especially after hitting ₹85 on 8 December. The bounce to ₹162 today indicates increasing confidence ahead of the listing. Investors should note that GMP is influenced by subscription trends, broader market sentiment, and demand from HNIs and retail buyers.
While GMP cannot guarantee final listing performance, the current upward momentum and improving Subject to Sauda rates point towards strong interest in the ICICI Prudential AMC IPO.
Disclaimer: GMP is based on grey market news. We do not trade or recommend trading in the grey market or Subject to Sauda (sub2) rates.
ICICI Prudential AMC IPO Review
ICICI Prudential AMC is one of India’s leading asset management companies backed by ICICI Bank and Prudential.
Strong financial growth, high profitability, and a solid brand presence make it an attractive option for long-term investors. The final decision should be based on valuations and market conditions closer to the issue date.
ICICI Prudential AMC IPO Market Lot
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 6 | ₹12,990 |
| Retail Maximum | 15 | 90 | ₹1,94,850 |
| S-HNI Minimum | 16 | 96 | ₹2,07,840 |
| S-HNI Maximum | 76 | 456 | ₹9,87,240 |
| B-HNI Minimum | 77 | 462 | ₹10,00,230 |
IPO Reservation
| Investor Category | Share Offered | % Shares |
|---|---|---|
| Anchor Investor | 1,39,57,303 Shares | -% |
| QIB (Ex. Anchor) | 93,04,869 Shares | -% |
| NII Shares Offered | 69,78,652 Shares | 19.93% |
| Retail Shares Offered | 1,62,83,521 Shares | 46.50% |
| Shareholders Shares Offered | 24,48,649 Shares | 6.99% |
ICICI Prudential AMC IPO Anchor Investors
| Details | Information |
|---|---|
| Anchor Bidding Date | 2025 |
| Anchor Investors List | View PDF |
| Shares Offered | shares |
| Anchor Size | crores |
| Lock-in (30 Days) | 2025 |
| Lock-in (90 Days) | 2025 |
- Also Read: Unisem Agritech IPO
ICICI Prudential AMC IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | 2025 |
| IPO Close Date | 2025 |
| Basis of Allotment | 2025 |
| Refunds | 2025 |
| Credit to Demat | 2025 |
| Listing Date | 2025 |
| Cut-off Time | 2025 – 5 PM |
Promoters and Holding Pattern
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre-Issue | 17,65,20,900 | 100% |
| Promoter Holding Post-Issue | 17,65,20,900 | % |
Objects of the Issue
The funds raised through the fresh issue will be utilised for purposes such as strengthening the capital base, supporting business expansion plans, enhancing technological capabilities, and general corporate activities. A detailed utilisation plan will be provided in the final prospectus.
About ICICI Prudential AMC Company
ICICI Prudential Asset Management Company is one of India’s largest and most trusted asset management companies, jointly promoted by ICICI Bank and Prudential Corporation Holdings. The company manages a wide range of mutual fund schemes across equity, debt, hybrid, ETFs, and portfolio management services.
With a strong distribution network, technology-led investment platforms, and a reputation for stable fund performance, ICICI Prudential AMC has built a solid presence among retail and institutional investors.
Its business model focuses on long-term wealth creation for investors through disciplined risk management, research-driven fund strategies, and diversified product offerings.
ICICI Prudential AMC IPO Company Financial Report (All figures in ₹ crore)
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | 2,838.18 | 831.01 | 1,515.78 | 2,804.76 |
| 2024 | 3,761.21 | 1,063.10 | 2,049.73 | 3,554.09 |
| 2025 | 4,979.67 | 1,446.62 | 2,650.66 | 4,383.68 |
ICICI Prudential AMC IPO Valuation – FY2025
| KPI | Values |
|---|---|
| ROE | % |
| ROCE | % |
| EBITDA Margin | % |
| PAT Margin | % |
| Debt to Equity | – |
| EPS (Basic) | ₹150.2 |
| P/E Ratio | N/A |
| RoNW | 82.8% |
| NAV | ₹199.2 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| HDFC AMC | 115.2 | 43.9 | 32.4% | 380.3 | 503.35 Cr |
| Nippon Life AMC | 20.3 | 39.4 | 31.4% | 66.4 | 78.97 Cr |
| UTI AMC | 57.4 | 22.6 | 16.3% | 359.4 | 129.00 Cr |
| Aditya Birla Sun Life AMC | 32.3 | 25.0 | 27.0% | 129.2 | 80.37 Cr |
IPO Lead Managers
- Citigroup Global Markets India Pvt. Ltd.
- Morgan Stanley India Co. Pvt. Ltd.
- BOFA Securities India Ltd.
- Axis Capital Ltd.
- CLSA India Pvt. Ltd.
- IIFL Capital Services Ltd.
- Kotak Mahindra Capital Co. Ltd.
- Nomura Financial Advisory & Securities (India) Pvt. Ltd.
- SBI Capital Markets Ltd.
- ICICI Securities Ltd.
- Goldman Sachs (India) Securities Pvt. Ltd.
- Avendus Capital Pvt. Ltd.
- BNP Paribas
- HDFC Bank Ltd.
- JM Financial Ltd.
- Motilal Oswal Investment Advisors Ltd.
- Nuvama Wealth Management Ltd.
- UBS Securities India Pvt. Ltd.
Company Address
| Company Name | ICICI Prudential Asset Management Co. Ltd. |
|---|---|
| Address | 12th Floor, Narain Manzil, 23 Barakhamba Road, New Delhi – 110001 |
| Phone | +91 022 2651 500 |
| amcinvestors@icicipruamc.com | |
| Website | http://www.icicipruamc.com/ |
IPO Registrar
| Registrar | Kfin Technologies Ltd |
|---|---|
| Phone | 04067162222, 04079611000 |
| icicipruamc.ipo@kfintech.com | |
| Website | https://ipostatus.kfintech.com/ |
ICICI Prudential AMC IPO FAQs
What is ICICI Prudential AMC IPO?
ICICI Prudential AMC IPO is a Mainboard offering, through which the company aims to raise ₹10,602.65 crore. The price band has been set between ₹2,061 and ₹2,165 per share. Once listed, the IPO will debut on both BSE and NSE.
When will the IPO open?
The IPO will open in December 12, 2025 and close in December 16, 2025.
What is the investors’ quota?
QIB: 50%
NII: 15%
Retail: 35%
How can I apply for the IPO?
You can apply online via ASBA through your bank or UPI through stockbrokers, or submit an offline application through your broker.
What is the issue size?
The issue size is ₹10,602.65 cr.
What is the price band?
The price band is ₹2,061 to ₹2,165 per share.
What is the lot size?
The minimum bid is shares costing ₹ .
What is the allotment date?
The allotment date is in December 17, 2025.
What is the listing date?
The listing date is in December 19, 2025 on BSE and NSE.
Expert Comment
ICICI Prudential AMC is a well-established name in India’s asset management space, backed by strong promoters and consistent profitability.
The company has shown solid financial growth over the past three years. Investors should keep an eye on valuations and market sentiment before taking a final call, but fundamentally, the business appears strong for long-term consideration.
