ICICI Prudential AMC IPO: Date, Price Band, & Company Details
ICICI Prudential Asset Management Company (AMC), one of India's largest and most prominent mutual fund houses, has launched its highly anticipated Initial Public Offering (IPO). The public issue opened for subscription on December 12, 2025, and will close on December 16, 2025. The company aims to raise approximately Rs 10,602.65 crore through an Offer for Sale (OFS) by its existing shareholder.
About ICICI Prudential AMC
ICICI Prudential Asset Management Company is a joint venture between ICICI Bank, a leading Indian private sector bank, and Prudential Plc, one of the United Kingdom's largest financial services groups. The AMC has established itself as a dominant player in the Indian mutual fund industry, offering a comprehensive range of investment solutions across equity, debt, and hybrid categories.
Key Business Highlights
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Market Leadership: The company is one of the top AMCs in India by Assets Under Management (AUM), with a strong track record of growth. As of September 30, 2025, its Quarterly Average AUM (QAAUM) stood at Rs 10,147.6 billion.
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Diverse Product Portfolio: It offers a wide array of products including Mutual Funds, Portfolio Management Services (PMS), and Alternative Investment Funds (AIF), catering to retail, high-net-worth individuals (HNIs), and institutional investors.
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Strong Distribution Network: The AMC leverages an extensive multi-channel distribution network that includes banks, national distributors, independent financial advisors, and digital platforms.
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Financial Growth: The company has demonstrated consistent financial performance, with total assets growing from Rs 3,554.09 crore in March 2024 to Rs 4,827.34 crore by September 2025.
ICICI Prudential AMC IPO Details (2025)
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IPO Open Date: December 12, 2025
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IPO Close Date: December 16, 2025
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Listing Date: December 19, 2025 (Tentative)
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Price Band: Rs 2,061 – Rs 2,165 per share
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Issue Size: Rs 10,602.65 crore
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Offer for Sale (OFS): Rs 10,602.65 crore (Entire issue is OFS)
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Fresh Issue: Nil
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Lot Size: 6 Shares
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Minimum Investment (Retail): Rs 12,990 (at the upper price band)
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Face Value: Rs 1 per share?
IPO Structure & Utilisation
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Offer for Sale: The entire IPO proceeds will go to the selling shareholder, Prudential Corporation Holdings Ltd. The company will not receive any funds from this issue.
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Selling Shareholder: The IPO is a pure secondary sale by Prudential Corporation, allowing it to monetise a portion of its stake while listing the AMC.
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Reservation:
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Qualified Institutional Buyers (QIBs): Not more than 50% of the Net Offer
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Non-Institutional Investors (NIIs): Not less than 15% of the Net Offer
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Retail Individual Investors (RIIs): Not less than 35% of the Net Offer?
Key Dates & Timeline
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Anchor Investor Bidding: December 11, 2025
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IPO Opening: December 12, 2025
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IPO Closing: December 16, 2025
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Basis of Allotment: December 17, 2025
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Initiation of Refunds: December 18, 2025
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Credit of Shares to Demat: December 18, 2025
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Listing on BSE & NSE: December 19, 2025?
Frequently Asked Questions (FAQs) about ICICI Prudential AMC IPO
Q1: When is the ICICI Prudential AMC IPO scheduled to open?
The IPO opened for subscription on December 12, 2025, and will close on December 16, 2025.
Q2: What is the price band for the IPO?
The price band has been set at Rs 2,061 to Rs 2,165 per equity share.
Q3: What is the minimum investment for retail investors?
Retail investors can bid for a minimum of 1 lot (6 shares), which amounts to Rs 12,990 at the upper price band.
Q4: Is there a fresh issue component in this IPO?
No, the IPO is entirely an Offer for Sale (OFS) by existing shareholders, meaning the company will not receive any proceeds from the issue.