ICICI Prudential Asset Management Company received bids for 2,53,66,506 shares as against 3,50,15,691 shares on offer, according to stock exchange data at 17:00 IST on Friday (12 December 2025). The issue was subscribed 0.72 times. The issue opened for bidding on 12 December 2025 and it will close on 16 December 2025. The price band of the IPO is fixed between Rs 2,061 and 2,165 per share. The IPO comprises OFS of 4,89,72,994 equity shares, aggregating to Rs 10093 crore at the lower price of Rs 2061 and Rs 10603 crore at the upper price band of Rs 2165.
The company expects that the listing of the equity shares will enhance visibility and brand image and provide liquidity to Shareholders and will also provide a public market for the Equity Shares in India.
Ahead of the IPO, ICICI Prudential Asset Management Company on 11 December 2025, the company raised Rs 3,021.75 crore from anchor investors, by allotting 1.39 crore shares at Rs 2,165 each to 149 anchor investors.
ICICI Prudential Asset Management Company (ICICI AMC) is one of the oldest asset management companies in India with history of over 30 years in the asset management industry. It offers a range of investment products across multiple financial asset classes, to address a diverse spectrum of clients' objectives and risk appetites, from income accrual to long-term wealth creation.
ICICI AMC is the largest asset management company (AMC) in India in terms of a) active mutual fund Quarterly Average Asset Under Management (QAAUM) of Rs 8.64 lakh crore and a market share of 13.3%, b) equity and equity oriented QAAUM of Rs 5.67 lakh crore with market share of 13.6%, c) equity-oriented hybrid QAAUM of Rs 1.91 lakh crore with market share of 25.8% and d) Individual Investor MAAUM at Rs 6.61 lakh crore with a market share of 13.7% at end September 2025.
ICICI AMC has established a pan-India multi-channel physical and digital distribution network comprising 272 offices across 23 states and four union territories.
As on the date of RHP 05 December 2025, ICICI Bank held 51% shareholding in the company and Prudential Corporation Holdings has 49% stake. The entire OFS is from Prudential Corporation Holdings.
For the six month ended 30 September 2025, the firm recorded a consolidated net profit of Rs 1,617.74 crore and income from operations of Rs 2,949.38 crore.
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