ICICI Prudential AMC IPO Details
The key details of ICICI Prudential Asset Management Co.’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹10,602.65 Cr |
| Price Range | ₹2061 - ₹2165 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 6 |
| Investment (cut-off price) | ₹12,990 |
| Pre IPO Promotor Holding | 100% |
| Post IPO Promotor Holding | 90.09% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
ICICI Prudential AMC IPO Timelines
The IPO process for ICICI Prudential Asset Management Co. includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
12/12/2025
Start Date16/12/2025
End Date18/12/2025
Refund Initiation18/12/2025
Credit of Shares to Demat Ac19/12/2025
Listing DateICICI Prudential AMC IPO Lot Size
The ICICI Prudential Asset Management Co. IPO has a fixed lot size of 6 shares, at an upper price band of ₹2,165 per share. For retail investors, the minimum application is 6 shares (1 lot) amounting to ₹12,990, while the maximum is 90 shares (15 lots) worth ₹1,94,850. For Small HNI (S-HNI) investors, the minimum application is 96 shares (16 lots) worth ₹2,07,840, while the maximum is 456 shares (76 lots) amounting to ₹9,87,240. Big HNI (B-HNI) investors need to apply for at least 462 shares (77 lots), totaling ₹10,00,230.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 6 | ₹12,990 |
| Retail Maximum | 15 | 90 | ₹1,94,850 |
| S-HNI Minimum | 16 | 96 | ₹2,07,840 |
| S-HNI Maximum | 76 | 456 | ₹9,87,240 |
| B-HNI Minimum | 77 | 462 | ₹10,00,230 |
ICICI Prudential AMC IPO Subscription Status
The subscription status for ICICI Prudential Asset Management Co. IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 1.97x | 0.38x | 0.21x | 0.45x | 0.73x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
ICICI Prudential AMC IPO Company Financials
ICICI Prudential Asset Management Co. reports robust performance in FY2026 September with Total Income of ₹2,949.61 crores, managing expenses at ₹800.13 crores, and achieving a strong PAT (Profit After Tax) of ₹1,617.74 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹2,838.18 | ₹831.01 | ₹1,515.78 |
| FY 2024 | ₹3,761.21 | ₹1,063.10 | 2,049.73 |
| FY 2025 | ₹4,979.67 | ₹1,446.62 | ₹2,650.66 |
| FY 2026 (6 M) | ₹2,949.61 | ₹800.13 | ₹1,617.74 |
About Company
Incorporated in 1993, ICICI Prudential AMC is an Asset Management Company that follows a risk-first investment approach with a long-term return objective for its customers. As of September 30, 2025, it manages a quarterly average asset under management of 10,147.6 billion and offers Portfolio Management Services, Alternative Investment Funds, and offshore advisory services. It manages the largest number of schemes in the mutual fund industry, with 143 schemes that include 44 equity and equity-oriented schemes, 20 debt schemes, 61 passive schemes, 15 domestic fund-of-funds schemes, one liquid scheme, one overnight scheme, and one arbitrage scheme. The company also has a wide PAN India presence with 272 offices across 23 states and four union territories.
ICICI Prudential AMC is services span multiple investment platforms, including mutual funds such as equity and equity-oriented schemes, debt schemes, exchange-traded and index schemes, arbitrage schemes, and liquid and overnight schemes. The portfolio management division offers several strategies including Contra, PIPE, Growth Leaders, Value, Large Cap, and ACE strategies. The Alternative Investment Fund business provides a range of Category II and Category III SEBI-registered funds tailored for sophisticated investors seeking diversified asset allocation options. As of September 30, 2025, the company employs 3,541 full-time personnel.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 1993 | Finance | Nimesh Shah |
Know Before Investing
ICICI Prudential AMC IPO Strengths
- ICICI Prudential AMC is India’s second-largest asset manager by average AUM with a strong share in equity-oriented mutual funds, PMS and advisory mandates.
- The AMC is jointly promoted by ICICI Bank and Prudential plc , providing brand strength, governance credibility, and long-term strategic support.
- As a fee-based AMC, the company requires limited incremental capital to grow, translating into strong free cash flow and high returns on equity and assets.
- Offers more than 130 mutual fund schemes, ETFs, PMS and advisory products across equity, debt, hybrid, passive and solution‑oriented categories, reducing dependence on any single segment.
- Presence in 290+ locations with strong partnerships across banks, IFAs, national distributors and growing digital channels supports broad access to retail investors pan‑India.
- A large share of AUM comes from long-term retail and SIP flows, improving revenue visibility versus purely institutional or short‑term money.
ICICI Prudential AMC IPO Risks
- The top five equity schemes account for about 53% of equity QAAUM and the top five debt schemes about 68% of debt QAAUM, making earnings sensitive to performance and flows in a few products.
- Fee income depends heavily on equity and debt market levels; prolonged market corrections or volatility can reduce AUM, yields, and profitability.
- SEBI‑driven cuts in total expense ratios, changes in trail commission norms, or tighter rules on distributor incentives can compress margins across the AMC industry.
- Global and domestic trends toward index funds and ETFs could structurally reduce the profitability of active equity funds where the AMC currently enjoys strong economics.
- Industry flows can turn negative in risk‑off phases, impacting short‑term revenues despite strong long‑term fundamentals.
Swot Analysis for ICICI Prudential AMC IPO
Strengths
Top-Tier Industry Position, Diversified Product Suite, Extensive Distribution Network
Weaknesses
Market-Cycle Dependence, Fee Compression Risk, Operational & Cyber Risks
Opportunities
Structural Industry Growth, Alternatives & Solutions, Digital Distribution
Threats
Intensifying Competition, Shift to Direct & Passive, Mis-selling & Conduct Risk
Company Details
ICICI Prudential Asset Management Co. Ltd.
12th Floor, Narain Manzil, 23, Barakhamba Road, Delhi, New Delhi, 110001
Phone: 91 022 2651 5000
Email: amcinvestors@icicipruamc.com
Website: http://www.icicipruamc.com/
IPO Registar Details
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: icicipruamc.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
FAQs
The key objectives of ICICI Prudential AMC IPO are:
- The IPO aims to carry out an Offer for Sale of up to 17,652,090 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.
- The listing of equity shares on recognised Indian stock exchanges (BSE and NSE) is expected to enhance corporate visibility, improve brand image, and provide liquidity to existing shareholders through a public market.
- Transitioning to a publicly listed entity is anticipated to foster investor confidence, improve access to capital markets, and support long-term growth through enhanced governance standards.
- Although the company will not receive any proceeds from the Offer, it will initially bear Offer-related expenses for administrative convenience. These will be reimbursed by the Promoter Selling Shareholder and include listing fees, legal costs, registrar fees, and marketing expenses.
Citigroup Global Markets India Pvt. Ltd., Morgan Stanley India Co. Pvt. Ltd., BOFA Securities India Ltd., Axis Capital Ltd., CLSA India Pvt. Ltd., IIFL Capital Services Ltd., Kotak Mahindra Capital Co. Ltd., Nomura Financial Advisory & Securities (India) Pvt. Ltd., SBI Capital Markets Ltd., ICICI Securities Ltd., Goldman Sachs (India) Securities Pvt. Ltd., Avendus Capital Pvt. Ltd., BNP Paribas, HDFC Bank Ltd., JM Financial Ltd., Motilal Oswal Investment Advisors Ltd., Nuvama Wealth Management Ltd., UBS Securities India Pvt. Ltd. are the book-running lead managers for the ICICI Prudential AMC IPO.
ICICI Prudential AMC IPO offers strong growth potential supported by its ₹10.1 lakh crore AUM base, 13.3 percent active market share, and faster than industry expansion across FY21 to FY25. Rising SIP flows, deeper retail penetration, and India’s projected 15% to 16% AMC sector CAGR strengthen long term scalability.
The issue price for the ICICI Prudential AMC IPO is set between ₹2061 to ₹2165 per share.
To invest in one lot of ICICI Prudential AMC IPO, you need ₹12,366 at the lower price band (₹2061 per share) or ₹12,990 at the upper price band (₹2165 per share) for a lot size of 6 shares.
ICICI Prudential AMC IPO shares are scheduled to be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on December 19, 2025.
Refund/unblocking of funds for ICICI Prudential AMC IPO will begin on December 18, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your ICICI Prudential AMC IPO shares on listing day (December 19, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.