ICICI Prudential AMC IPO: Key Things to Know Before Investing

ICICI Prudential AMC IPO Opens for Subscription:The long-awaited ICICI Prudential AMC IPO has officially opened, inviting investors to apply between 12–16 December 2025. As one of India’s top asset management companies, its public issue has generated strong market curiosity from day one.

Grey Market Premium Signals Positive Sentiment: Ahead of the IPO opening, shares were trading at a ₹120 premium in the grey market. While GMP isn’t a guarantee of listing gains, the early premium indicates healthy investor interest in this financial sector giant.

Price Band and Issue Size Explained: The IPO carries a price band of ₹2061 to ₹2165 per share. With a total size of ₹10,602.65 crore, the entire offering is an Offer for Sale, meaning proceeds will go to existing promoters reducing their stake rather than into the company's books.

Early Subscription Trends Show a Slow but Steady Start: By mid-morning on Day 1, the IPO saw mild participation, with overall subscription at 0.08 times. Retail and NII bids showed early activity, and analysts expect demand to rise sharply as the issue progresses.

Key Dates Every Investor Should Know: The IPO closes on 16 December, with allotment likely finalized on 17 December. Shares are set to list on 19 December on both BSE and NSE. Investors can apply in lots of six shares, with KFin Technologies managing the allotment process. 

What Analysts Say — Strong ‘Subscribe’ Recommendations: Top brokerage houses including Mehta Equities, Anand Rathi, Sharekhan, Arihant, and Swastika have rated the IPO a ‘Subscribe’. They cite strong financial performance, rising profits, low scheme concentration, and ICICI’s trusted brand strength as key positives.

Should You Invest in the IPO?: Analysts believe the valuation is fair relative to industry leaders, supported by robust digital adoption and long-term tailwinds from India’s growing financialization. For investors seeking stable long-term exposure to the asset management industry, ICICI Prudential AMC’s IPO appears to be a compelling opportunity. The above information is based on a Mint report and is for educational purposes only.

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