ICICI Prudential AMC IPO Day 2: Subscription at 2.02x, GMP Jumps to ₹268

ICICI Prudential Asset Management Company (AMC), one of India’s leading mutual fund houses backed by ICICI Bank and Prudential Plc, is launching an initial public offering (IPO) to raise ₹10,602.65 crore.The issue opens for subscription on December 12, 2025, and will close on December 16, 2025, with a price band fixed at ₹2,061 to ₹2,165 per share.The IPO is a book-built issue and comprises entirely an offer for sale (OFS) of 4.90 crore shares, aggregating to ₹10,602.65 crore, by existing shareholders. There is no fresh issue component in the offer.The shares are proposed to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), with tentative listing scheduled for December 19, 2025, subject to allotment and regulatory approvals.

ICICI Prudential AMC IPO,IPO Day 2 Subscription Status

On Day 2, ICICI Prudential Asset Management Company. IPO witnessed a strong investor turnout, closing with an overall subscription of 2.02 times. The Qualified Institutional Buyers (QIB) category with a robust 2.91 times subscription, indicating solid institutional participation. Among Non-Institutional Investors (NII), the bNII (above ₹10 lakh) portion was subscribed 3.81 times, while the sNII (less than ₹10 lakh) segment saw Robust Leading with 3.74 times subscription, resulting in an overall NII subscription of 3.36 times. The Retail Individual Investors (RII) category was subscribed 0.83 times, reflecting healthy retail interest. Overall, the issue garnered 16,91,986 applications, with total bids amounting to approximately ₹15,347.228 crore, showcasing strong confidence across investor categories in the company’s growth potential.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	2.91
Non-Institutional Investors (NII)	3.36
bNII (above ₹10 lakh)	3.81
sNII (less than ₹10 lakh)	3.74
Retail Individual Investors (RII)	0.83
Total Subscriptions	2.02

Total Applications: 16,91,986

Total Bid Amount (₹ Crores): ₹15,347.228

Objective of the ICICI Prudential AMC IPO

Since the ICICI Prudential AMC IPO is a 100% Offer for Sale (OFS), the company will not receive any proceeds from the issue. The entire IPO proceeds will be received by the selling shareholders, and no funds will be utilized by ICICI Prudential AMC for business expansion, capital expenditure, or other corporate purposes. 

ICICI Prudential AMC IPO GMP – Day 2 Update

The grey market premium (GMP) of the ICICI Prudential AMC IPO stands at ₹₹268.5 as of December 15, 2025 (Day 2). Considering the upper end of the price band at ₹2165 per share, the estimated listing price is around ₹2433, reflecting a potential gain of approximately 12.38% per share in the grey market.

Date	GMP	Est. Listing Price	Gain
15-12-2025 (Day 2)	₹268.5	₹2433	12.38%

Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.

ICICI Prudential AMC IPO – Key Details

Particulars	Details
IPO Opening Date	December 12, 2025
IPO Closing Date	December 16, 2025
Issue Price Band	₹2061 to ₹2165 per share
Total Issue Size	49,000,000 shares(aggregating up to ₹10,602.65 Cr)
Listing Platform	BSE, NSE
Registrar	KFin Technologies Ltd.
ICICI Prudential AMC IPO RHP	ICICI Prudential AMC

Important Dates for ICICI Prudential AMC IPO Allotment

Event	Date
Tentative Allotment	December 17, 2025
Refunds Initiation	December 18, 2025
Credit of Shares to Demat	December 18, 2025
Listing Date	December 19, 2025

Overview Of  ICICI Prudential AMC IPO

ICICI Prudential Asset Management Company (AMC) is one of India’s leading and most trusted mutual fund houses, offering a wide range of investment solutions across equity, debt, hybrid, and passive products. Backed by ICICI Bank and Prudential Plc, the company leverages strong brand equity, deep distribution reach, and disciplined investment processes to serve millions of retail and institutional investors.

Operating in a rapidly expanding financial savings market, ICICI Prudential AMC uses data-driven research, technology-enabled platforms, and robust risk management systems to enhance portfolio performance and client experience. With a strong presence across urban and semi-urban regions, the AMC benefits from rising financialization of household savings. As it continues to grow, the company remains focused on long-term wealth creation, operational efficiency, and maintaining leadership in India’s asset management industry.