The initial public offering (IPO) of ICICI Prudential AMC opened on December 12, 2025, and will remain open for subscription until December 16, 2025. The company has set the price band for the IPO between ₹2,061 and ₹2,165 per share. The AMC aims to raise ₹10,602.65 crore through this issue, which is entirely an Offer for Sale (OFS). As such, the proceeds will not accrue to the company but will go to the promoters selling their stake in the public offering.
In the grey market, ICICI Prudential AMC shares are trading at a notable premium. Currently, the grey market premium (GMP) stands at ₹280 per share, a significant jump from Friday’s ₹120 GMP. Market analysts attribute the rise to positive sentiment in the secondary market and the company’s strong fundamentals.
Master Capital Services has recommended subscribing to the issue, highlighting ICICI Prudential AMC’s comprehensive mutual fund offerings, leadership in equity and hybrid segments, and its potential to benefit from the expansion of India’s equity markets. The IPO allows applications in lots, with one lot comprising six shares.
