IPO

ICICI Prudential Asset Management Company Limited IPO

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Asset Management Company

Listed On: Dec 19, 2025 at ₹ 2600.0(NSE)

₹ 12990 /6 Shares

Check Allotment

12 Dec, 2025

Open Date

16 Dec, 2025

Close Date

17 Dec, 2025

Allotment Date

19 Dec, 2025

Listing Date
Price Summary

Last Closing

2,660.50 (22.89%)

52 Week High

2,725.20

52 Week Low

2,530.00

Last Update

9-Jan-2026 3:30 PM
Expected Premium
+ ₹510-525 (23.56%)

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

ICICI Prudential Asset Management Company IPO Live Subscription Details
View Subscription Details
QIB 123.87x
Retail 2.53x
NIIs 22.04x
BHNI 25.42x
SHNI 15.28x
Retail 2.53x
Total 39.17x
Last updated: 16 Dec 2025, 05:57 PM
ICICI Prudential Asset Management Company IPO Issue Details
  • Issue Price ₹2061-2165 per equity share
  • Face Value ₹1 Per Equity Share
  • Total Issue Size 4,89,72,994 shares(aggregating up to ₹10602.65 crore)
  • Offer For Sale 4,89,72,994 shares(aggregating up to ₹10602.65 crore)
  • Listing at BSE, NSE
  • List Price 2600.0(NSE)
  • Listing Date 2025-12-19
  • Lead Manager 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
  • Registrar Kfin Technologies Ltd
Market Lot Size

Investors can bid for a minimum of 6 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 6 ₹12,990
Retail(max) 15 90 ₹1,94,850
SHNI(min) 16 96 ₹2,07,840
SHNI(max) 76 456 ₹9,87,240
BHNI(min) 77 462 ₹10,00,230
ICICI Prudential Asset Management Company IPO Reservation

ICICI Prudential Asset Management Company IPO offers total 48972994 shares. Out of which 9304869 (19%) allocated to QIB, 6978652 (14.25%) allocated to NII,16283521 (33.25%) allocated to RII, NA (NA%) allocated to employees and 13957303 (28.5%) allocated to Anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 13957303 (28.5%)
QIB Shares Offered 9304869 (19%)
NII (HNI) Shares Offered 6978652 (14.25%)
bNII > ₹10L 4652435 (9.5%)
sNII < ₹10L 2326217 (4.75%)
Retail Shares Offered 16283521 (33.25%)
Shareholder Shares Offered 2448649 (5%)
Total Shares Offered 48972994 (100%)
ICICI Prudential Asset Management Company IPO Documents
DRHP
RHP
ANCHOR
ICICI Prudential Asset Management Company IPO Details


ICICI Prudential Asset Management Company IPO is a book-built issue of ₹10602.65 crores, The total issue size is ₹10602.65 crores. The IPO of ICICI Prudential Asset Management Company is priced at ₹2061-2165 per equity share, which has a face value of ₹1 Per Equity Share each, IPO bidding starts from Dec 12, 2025 and ends on Dec 16, 2025. The allotment for ICICI Prudential Asset Management Company IPO will be finalized on Dec 17, 2025. ICICI Prudential Asset Management Company IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 19, 2025. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Ltd is the registrar of the issue.

Retail investors can bid for a minimum of 6 shares, extendable to 12,990. S-HNIs will be able to bid for 96 shares at ₹2,07,840, while B-HNIs can also apply for a bid of 462 shares at ₹10,00,230. The book-running lead manager for the IPO is/are 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.

The total issue ₹10602.65 crore and having Offer for Sale (OFS) of 4,89,72,994 shares to mop up ₹10602.65 crore.

The ICICI Prudential Asset Management Company IPO sets its price band at 2061-2165 for each share. A single application for ICICI Prudential Asset Management Company Limited IPO must contain at least 6 shares. Sentiment investors need to invest a minimum of 6 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹12,990 In order to participate in the sNII, investors must purchase at least 16 lots of 96 shares for ₹2,07,840, while the bNII requires 77 lots of 462 shares for an investment of ₹10,00,230.

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ICICI Prudential Asset Management Company IPO Subscription Analysis And Details
Retail
2.53x
QIB
123.87x
NII
22.04x
bNII
25.42x
sNII
15.28x
Total
39.17x
As on QIB NII
bNII   sNII 		Retail Total
Shares Offered / Reserved 93,04,869 69,78,652
46,52,435    23,26,217 		1,62,83,521 3,50,15,691
Day 1 12-12-25 05:00 PM
1.97 x 0.37 x
0.32 x   0.48 x 		0.21 x 0.73 x
Day 2 15-12-25 05:00 PM
2.91 x 3.79 x
3.81 x   3.75 x 		0.83 x 2.11 x
Day 3 16-12-25 05:00 PM
123.87 x 22.04 x
25.42 x   15.28 x 		2.53 x 39.17 x
Total No of Applications
55,77,002
Subscription on the basis of Applications
Retail:1.64x BHNI:4.64x SHNI:14.33x
ICICI Prudential Asset Management Company Valuations
EPS Pre IPO ₹53.63/-
EPS Post IPO ₹65.46/-
P/E Pre IPO 40.37
P/E Post IPO 33.07
ROE 82.8%
RoNW 82.8%
Price to Book Value 30.41
Market Cap. 1,07,006.97 Cr.
ICICI Prudential Asset Management Company Company Financials
In Crs.
In Cr.
30-Sep-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 4827.34 4383.68 3554.09 2804.76
Revenue 2949.61 4979.67 3761.21 2838.18
Profit After Tax 1617.74 2650.66 2049.73 1515.78
Net Worth 3921.56 3516.94 2882.84 2313.06
Reserves & Surplus 3903.91 3432.85 2798.75 2228.97
About ICICI Prudential Asset Management Company Company

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.

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ICICI Prudential Asset Management Company - Promoter(s)

ICICI Bank Limited

Prudential Corporation Holdings Limited

Pre Issue Share Holding : 100%

Post Issue Share Holding : 90.09%

ICICI Prudential Asset Management Company IPO - Issue Objectives
1

The IPO aims to carry out an Offer for Sale of up to 4,89,72,994 equity shares of face value ₹1 each by the Promoter Selling Shareholder, Prudential Corporation Holdings Limited. This enables partial divestment of its stake in the company.

ICICI Prudential Asset Management Company IPO - Anchor Investors

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 Prudential Asset Management Company IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
ICICI Prud AMC N/A 38.5 82.8% N/A
HDFC AMC 13.7 45.2 32.4% N/A
Nippon Life AMC 12.4 41.0 31.4% N/A
UTI Asset AMC 3.1 19.8 16.3% N/A
Aditya Birla AMC 5.6 22.5 27.0% N/A
Strength
Market leadership in active mutual fund management: ICICI Prudential AMC is the largest asset management company in India in terms of active mutual fund QAAUM, with a 13.3% market share as of March 31, 2025, according to the CRISIL Report. It is also the second-largest player in overall QAAUM with a market share of 13.0%.
Strong Retail Investor Franchise: The company has the largest Individual Investor AUM in India, with ₹5,658.2 billion MAAUM and a 13.8% market share. Individual Investors contribute 62.2% of total mutual fund AUM and 86.4% of equity AUM, offering higher-fee income potential and a stable long-term asset base.
Diversified and Broad Product Portfolio: ICICI Prudential AMC manages 135 mutual fund schemes, the highest among AMCs in India. Its AUM is well diversified with no single scheme accounting for more than 7.1 percent of total QAAUM. This wide product suite enables the company to serve different investor profiles and maintain resilience across market cycles.
Weakness
Exposure to Market and Economic Volatility: A large part of the revenues is generated through management fees on mutual funds, PMS, AIFs, and advisory services. Economic or market adversities-such as lower consumer savings, weak investor sentiments, or broader macro-economic unsteadiness-may reduce the AUM levels and, therefore, the revenues, profitability, and cash flows.
Underperformance of Investment Products: If investment products offered by the company fail to outperform their respective benchmarks or competing funds, AUM may decrease because of investor redemptions or lower contributions. Performance limitations, including market volatility and restrictions on investment policy, will also hurt returns. Any sustained underperformance directly reduces management fees and negatively affects business and financial results.
Intensifying Competition in the Asset Management Industry: Competition from existing players and new entrants, and alternative avenues of investment such as bank deposits, insurance products, gold, and real estate, threaten the AMC industry.
Contact Details

ICICI Prudential Asset Management Company

12 th Floor, Narain Manzil, 23, Barakhamba Road, Delhi, New Delhi, 110001

+91 022 2651 500

amcinvestors@icicipruamc.com

http://www.icicipruamc.com/

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

icicipruamc.ipo@kfintech.com

https://kosmic.kfintech.com/ipostatus/