ICICI Prudential AMC IPO GMP Today; Subscription Opens Now: Check Price Band, Lot Size, Allotment Date & All

India's largest asset manager by active mutual fund QAAUM, ICICI Prudential AMC, has opened its highly awaited Rs 10,602 crore IPO for subscription on 12 December 2025. The issue is a pure offer for sale (OFS) by Prudential Corporation Holdings and is drawing strong attention due to the company's market leadership, robust financials, and pan-India distribution network strengthened by the ICICI brand.

ICICI Prudential AMC IPO Opens For Subscription: Price Band and Lot Size

The asset manager has set the price band at Rs 2,061-Rs 2,165 per share. Investors can place bids starting from a minimum lot of 6 shares, with higher bids accepted in multiples of the lot size. Applications can be made through UPI-enabled apps, broker IPO portals, or ASBA via net banking.

When Will ICICI Prudential AMC IPO Open and Close?

The ICICI Prudential AMC IPO opens for subscription on 12 December 2025 and will remain open until 16 December 2025.

ICICI Prudential AMC IPO Calendar: Opening, Closing, Allotment & Listing; Check All Key Dates

IPO Opens: 12 December 2025

IPO Closes: 16 December 2025

Allotment: 17 December 2025

Demat Credit: 18 December 2025

Listing Date: 19 December 2025

ICICI Prudential AMC IPO GMP Today

The grey market premium (GMP) for the ICICI Prudential AMC IPO is currently around 6.5% as per Investorgain data, indicating expectations of a moderate but stable listing. Analysts believe the valuation leaves scope for long-term wealth creation rather than sharp listing-day gains.

ICICI Prudential AMC IPO Subscription Status: What to Expect

The IPO opened for bidding today, and market participants are closely tracking subscription trends across categories - Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors. Given the company's brand strength and financial consistency, analysts expect steady pick-up in subscriptions through the day.

Brokerages have turned positive on the offer. In a detailed note, SBI Securities highlighted ICICI Prudential AMC's strong fundamentals and growth momentum. "ICICIPru is a leading AMC in India with strong parentage and leadership in active mutual fund schemes. It derives significant synergies from the ICICI brand and its distribution capabilities, which bode well for continued growth," the brokerage said.

SBI Securities noted that between FY23 and the first half of FY26, the company's Total QAAUM, MF QAAUM and Equity QAAUM grew at CAGRs of 33%, 33% and 39%, respectively. At the upper price band, the AMC is valued at a 1HFY26 annualised P/E of 33.1x, which SBI Securities considers reasonable for a high-growth financial services player.

Disclaimer

The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.