ICICI Prudential AMC IPO Open: Check Dates, Price, GMP Here

The ICICI Prudential Asset Management Company, which is one of the largest AMCs in India, is ready to launch its first-ever IPO (Initial Public Offering) on December 12, 2025 (Friday). The bidding for the mainboard IPO of ICICI Pru will open on December 16, 2025 (Tuesday).

The ICICI Bank subsidiary has revealed the price band for the IPO, which will be set at the range of Rs 2061 to Rs 2165 per equity share. Each share will have a face value of Rs 1 for the approaching stock launch.

The ICICI AMC has positioned the minimum bid size at 6 shares for their IPO and the investors are allowed to bid in multiple groups of 6 shares. The first stock launch of the AMC will close on December 16 and bidding for anchor investors will begin on December 11, according to the red herring prospectus.

The promoter of the IPO is Prudential Corporation Holdings, which is based in the UK. The IPO includes an OFS (Offer for Sale) of Rs 4.89 crore shares by its promoter. Since this is a pure OFS (only a sale of existing shares), no new shares will be issued or created and the company will not receive any money or funds. Instead, the proceeds will go to the shareholder selling the shares.

Must Read: Should You Consider ICICI Prudential Small Cap Fund in 2025?

About the ICICI Company 

ICICI Bank owns 51% of the asset management company. Prudential Corporation Holdings owns the remaining 49% AMCs, currently. On June 28, ICICI Bank announced that its board had approved buying an extra 2% stake in ICICI Prudential AMC. The bank explained that this decision aims to keep its majority ownership, especially if the AMC offers stock-based pay in the future.

In February, ICICI Bank announced that it wants to keep its majority stake, even though its joint venture partner plans to list the asset management company (AMC) and reduce its ownership. Once it is listed, this will be the fifth AMC on the stock exchanges, joining HDFC AMC, UTI AMC, Aditya Birla Sun Life, Shriram AMC and Nippon Life India Asset Management. It will also be the fifth company in the ICICI Group to go public. The others that have already been listed are ICICI Bank, ICICI Prudential Life Insurance, ICICI Lombard General Insurance and ICICI Securities.

ICICI Prudential AMC IPO GMP

According to Investorgain, ICICI Prudential AMC IPO shares are trading at Rs 115 each in the grey market. This price shows that the GMP (Grey Market Premium) for ICICI Prudential AMC IPO is more than 115.

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