ICICI Prudential Asset Management Company came to market through an IPO that opened on 12 December 2025 and closed on 16 December 2025, and the shares listed on 19 December 2025 on BSE, NSE. The price band was ₹2,061 to ₹2,165 per share and one lot was 6 shares, so the minimum application was ₹12,990. The issue size was ₹10602.65 crore.
The whole issue was an offer for sale, so the proceeds went to the selling shareholders rather than the company. Kfin Technologies Ltd Shareholder Quota:
5% was the registrar to the issue, and Citigroup Global Markets, Morgan Stanley India, BOFA Securities India, Axis Capital, CLSA India, IIFL Capital Services, Kotak Mahindra Capital, Nomura Financial Advisory, SBI Capital, ICICI Securities, Goldman Sachs (India), Avendus Capital, BNP Paribas, HDFC Bank, JM Financial, Motilal Oswal Investment, Nuvama Wealth Management, UBS Securities India were the lead managers.
As of 16 December 2025.
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ICICI Prudential AMC ranks among India's largest Asset Management Company (AMC) in India, by active quarterly average asset under management (QAAUM). It has an QAAUM of 8,794.1 billion as of March 31, 2025. It is one of the oldest AMC with more than 30 years of experience in the asset management business. Also, it provides Portfolio Management Services (PMS), Alternative Investment Fund (AIF), and Advisory services to offshore customers.
The company caters to the entire customer base of 14.6 million customers. The company has 135 MF schemes in equity, debt, hybrid, FoFs, and other segments. It provides a range of investment products and advisory services under Alternate business to individual as well as insitutional investors i.e., banks, insurance, corporates, government entities, etc. As of March 31, 2025, its asset under advisory services stood at Rs 311.3 billion.
The company possesses robust PAN India distribution network with 264 offices spread across 23 states and 4 union territories.
As described in the offer document.
| Metric | 30-Sep-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
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ICICI Prudential AMC raises Rs 3,022 crore via anchor book, Rs 10,603-crore. Of the total allocation to anchor investors, 46.62 lakh equity shares, representing 33.4 percent of the total anchor book, were allotted to 27 domestic mutual funds, including HDFC AMC, SBI Mutual Fund, WhiteOak Capital, Helios, Kotak Mahindra AMC, Axis MF, Aditya Birla Sun Life AMC, DSP MF, Quant Mutual Fund, HSBC MF, Invesco, Edelweiss, and PGIM.
The marquee global investors who participated in the anchor book included Capital Group, Monetary Authority of Singapore, Temasek, CLSA Global, Fidelity, JP Morgan, Government Pension Fund Global, BlackRock, Goldman Sachs, Amundi Funds, Prudential Assurance Company, Abu Dhabi Investment Authority, Integrated Core Strategies Asia, and Societe Generale.
Several insurance companies, such as Life Insurance Corporation, HDFC Pension Fund, SBI Pension Fund, SBI Life, Tata AIA Life, HDFC Life, Bajaj General Insurance, Canara HSBC Life, Future Generali India, Go Digit, and Reliance General also joined as shareholders of the asset management company.
ICICI Bank Limited, Prudential Corporation Holdings Limited. Promoter holding 100% before the issue and 90.09% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
ICICI Prudential Asset Management Company IPO was a ₹10,602.65 crore book-built issue, made up entirely of an offer for sale. It was priced at ₹2,061–₹2,165 per share with a lot size of 6 shares (₹12,990). The IPO was open from December 12 to December 16, 2025 and was subscribed 39.17x. Shares listed on BSE and NSE on December 19, 2025 at ₹2,600, a 20.1% premium to the issue price of ₹2,165. Kfin Technologies Ltd is the registrar.
Citigroup Global Markets India Pvt. Ltd. and 17 other book running lead managers manage the issue.
The price band of ICICI Prudential Asset Management Company IPO is ₹2061 to ₹2165 per share.
The lot size of ICICI Prudential Asset Management Company IPO is 6 shares.
The minimum investment for ICICI Prudential Asset Management Company IPO is approximately ₹12,990 based on the upper price band.
The allotment date of ICICI Prudential Asset Management Company IPO is Dec 17, 2025.
ICICI Prudential Asset Management Company IPO's final recorded GMP before listing was ₹510 per share (a 24% premium over the ₹2165 upper price band). The shares listed at ₹2600. GMP is unofficial and does not forecast or guarantee the actual listing price.
ICICI Prudential Asset Management Company IPO listed on Dec 19, 2025. It was issued at ₹2600.0(NSE) and is currently around ₹2773.00 as on 2-Nov-2026 3:30 PM, which is approximately 28.1% versus issue price. The 52-week high is ₹3,611.00.
You can check ICICI Prudential Asset Management Company IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the ICICI Prudential Asset Management Company IPO allotment status on Rupix for quick and easy access.
₹2,061 to ₹2,165 per share, against a face value of ₹1. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 6 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹12,990.
₹12,990, for one lot of 6 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 12 December 2025 and closed on 16 December 2025.
The basis of allotment was published on 17 December 2025 by Kfin Technologies Ltd Shareholder Quota: 5%, and allotted shares were credited to demat accounts before listing.
The shares listed on 19 December 2025 on BSE, NSE.
The issue size was ₹10602.65 crore. The offer for sale was 4,89,72,994 shares (aggregating up to ₹10602.65 crore).