ICICI Prudential Asset Management Co Ltd has revealed the price band for its upcoming IPO at Rs 2,061–2,165 per share.
The public offering will open on December 12, 2025, and close on December 16, 2025.
At the top end of the price band, the company is valued at Rs 1.07 lakh crore.
What You Need to Know About the IPO
This IPO is a purely Offer For Sale (OFS), meaning the promoter, Prudential Corp Holding, is selling around 10% of its stake (4.9 crore shares).
After the IPO, Prudential Corp Holding’s stake will reduce from 49% to 39%, while ICICI Bank will continue to hold 51%.
The IPO has been managed by 18 lead managers, including major names such as Citigroup, Morgan Stanley, BofA, Axis Securities, CLSA, Kotak Mahindra Capital, SBI Caps, ICICI Bank, Goldman Sachs, HDFC Bank, and Motilal Oswal.
Key Dates to Remember:
IPO Opens: December 12, 2025
IPO Closes: December 16, 2025
Allotment Likely: December 17, 2025
Listing on BSE & NSE: December 19, 2025
Once listed, ICICI Prudential AMC will become the fourth ICICI Group company on the stock exchanges, joining ICICI Bank, ICICI Prudential Life Insurance, and ICICI Lombard General Insurance.
About ICICI Prudential AMC
Founded in 1993, ICICI Prudential AMC is a leading Asset Management Company.
The firm provides services such as:
Portfolio Management Services (PMS)
Alternative Investment Funds (AIF)
Advisory services for offshore clients
As of September 30, 2025, the company’s Quarterly Average Assets Under Management (QAAUM) stood at Rs 10,147.6 billion.
In terms of financial growth, ICICI Prudential AMC reported:
Revenue growth: 32% (FY24 to FY25)
Profit after tax: Up 29%, totaling Rs 2,650.66 crore
Total assets: Increased from Rs 3,554.09 crore (FY24) to Rs 4,383.68 crore (FY25)
EBITDA: Rs 3,636.99 crore
This strong performance makes the IPO an important opportunity for investors looking to participate in one of India’s top asset management companies.
