ICICI Prudential AMC IPO Analyzed
The initial public offering (IPO) for ICICI Prudential Asset Management Company concluded on Tuesday, and early signals show a positive reception. The ₹10,602.65-crore offering, which started accepting bids on Friday, December 12th, has attracted considerable interest, with investors bidding 3.51 times more than the shares available. This indicates strong investor confidence in the company.
Key Points
- Strong investor interest: Oversubscribed 3.51 times, signaling confidence.
- NIIs lead bidding: Oversubscribed 7.60 times, driving demand.
- QIBs also interested: 4.35-times subscription, solid interest.
- Retail investors participate: 1.15-times subscription, showing engagement.
- Positive brokerage views: “Subscribe for Long Term” recommendations issued.
- Company’s strengths: High AUM, profitability, operational efficiency, and growth.
The IPO is a pure Offer for Sale (OFS), meaning ICICI Prudential AMC itself is selling shares, not raising new capital. Prudential Corporation Holdings is selling up to 49 million shares. Investors can bid for a minimum of 6 shares.
Brokerage firms like Anand Rathi Research, Choice Institutional Equities, and Canara Bank Securities recommend investing in this IPO for the long term. They highlight key strengths: a large asset management unit, a significant market share, strong profits, efficient operations, and consistent good performance.
These firms believe the company is well-positioned for future growth, particularly due to the increasing popularity of mutual funds in India. The company’s financial stability and operational excellence further bolster this positive outlook.
Shares are expected to list on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on Friday, December 19, 2025. The allotment basis is likely to be announced on Wednesday, December 17th, and shares will be credited to demat accounts on Thursday, December 18th.
It’s important to note that the company will not receive any money from the IPO; the funds will go directly to Prudential Corporation Holdings after deducting expenses and taxes.
Investing in the stock market involves risk. Consult with a qualified financial advisor before making any decisions.
