ICICI Prudential AMC IPO GMP, Subscription Status Updates
The countdown has really started for the listing that is most awaited of the season. ICICI Prudential Asset Management Company, the same reliable name that has been taking care of the money of millions of Indian families for more than thirty years, is going to put up its Rs 10,602 crore public offer on December 12 finally.
The AMC entering the spotlight after years of serving behind the scenes could be a comparison. The buzz on Dalal Street, the curiosity of the investors, and the reality of the excitement are all present.
One of the major question is: will this veteran fund manager get a blockbuster opening in the market? Don’t you go anywhere, you are already part of the audience!
ICICI Prudential AMC IPO: Key Details
| Detail | Information |
|---|---|
| Price Band | Rs 2,061–2,165 each |
| IPO Date | December 12–16 |
| GMP | 5% |
| IPO Allotment Date | December 17 |
| Listing Date | December 19 |
ICICI Prudential AMC IPO: Subscription Window And Structure
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IPO Dates: Bidding opens on December 12 and closes on December 16.
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Price Band: Shares are offered between Rs 2,061 and Rs 2,165 each.
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Offer Type: This IPO is a 100% Offer for Sale (OFS), all shares are being sold by existing shareholders, so the company isn’t raising new funds.
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Allotment & Listing:
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Allotment announcement: December 17
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Listing on BSE & NSE: December 19
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Retail Participation:
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Minimum investment requires applying for one lot of 6 shares, costing Rs 12,990 at the lower price band.
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Since the issue is fully an OFS, the objective is simply to provide an exit route to current shareholders, with no change to the company’s capital structure or operations.
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Who Is Running The Show For ICICI Prudential AMC IPO?
Here’s a crisp list of the key players managing the IPO:
- Citigroup
- Morgan Stanley
- BofA Securities
- CLSA
- Axis Capital
- Kotak Mahindra Capital
- SBI Capital Markets
- Goldman Sachs
- IIFL
- Nomura
- KFin Technologies :handling allotment and processing
What to watch: Demand across investor categories and how the GMP behaves as subscriptions roll in.
ICICI Prudential AMC IPO: Share Details You Shouldn’t Skip
Each share comes with a face value of Rs 1, but the real action is in the Rs 2,061–2,165 price band. With 1.76 crore shares up for grabs, the question is, how many are you eyeing?
(With Inputs)
Also Read: Wakefit IPO Allotment Expected Today: Step-by-Step Guide To Check Shares…
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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