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ICICI Prudential Asset Management Company IPO is a bookbuilt issue of Rs 10,602.65 crore. This issue is entirely an offer for sale of 4.90 crore shares with no fresh issue.
The IPO opens for subscription on December 12, 2025, and closes on December 16, 2025. The allotment is expected to be finalised on Wednesday, December 17, 2025. The price band for the IPO is set at ₹2061 to ₹2165 per share, and the minimum lot size for an application is 6 shares.
Company Summary
Incorporated in 1993, ICICI Prudential AMC is an Asset Management Company. Its investment approach has always been to manage risk first and aim for long-term returns for its customers.
ICICI Prudential AMC has an active quarterly average asset under management (QAAUM). As of September 30, 2025, it has a QAAUM of 10,147.6 billion.
The company offers Portfolio Management Services (PMS), Alternative Investment Fund (AIF), and Advisory services to offshore clients.
The company manages the largest number of schemes in the mutual fund industry. As of September 30, 2025, with 143 schemes comprising 44 Equity and Equity Oriented Schemes, 20 debt schemes, 61 passive schemes, 15 domestic fund-of-funds schemes, one liquid scheme, one overnight scheme, and one arbitrage scheme.
The company has a strong pan-India distribution network with 272 offices across 23 states and 4 union territories.
As of September 30, 2025, the company has 3,541 full-time employees.
Company Services
- Mutual Fund Business: Equity and Equity Oriented Schemes, Debt schemes, Exchange-traded funds and index schemes, Arbitrage schemes, and Liquid and overnight schemes.
- Portfolio Management Business: ICICI Prudential PMS Contra Strategy, ICICI Prudential PMS PIPE Strategy, ICICI Prudential PMS Growth Leaders Strategy, ICICI Prudential PMS Value Strategy, ICICI Prudential PMS Large Cap Strategy, ICICI Prudential PMS ACE Strategy.
- Alternative Investment Fund Business: Offer multiple offerings across Category II and Category III alternative investment funds registered with SEBI. These offerings cater to the diverse needs of sophisticated investors for asset allocation.
Company Strengths
- Largest asset management company in India in terms of assets managed under active mutual fund schemes
- Largest Individual Investor franchise in India in terms of mutual fund assets under management
- Diversified product portfolio across asset classes
- Pan-India, multi-channel, and diversified distribution network
- Consistent profitable growth track record
- Experienced management and investment team
Company Financials
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 4,827.34 | 4,383.68 | 4,096.74 | 3,554.09 | 2,804.76 |
| Total Income | 2,949.61 | 4,979.67 | 2,458.23 | 3,761.21 | 2,838.18 |
| Profit After Tax | 1,617.74 | 2,650.66 | 1,327.11 | 2,049.73 | 1,515.78 |
| EBITDA | 2,210.1 | 3,636.99 | 1,837.55 | 2,780.01 | 2,072.58 |
| Net Worth | 3,921.56 | 3,516.94 | 3,272.28 | 2,882.84 | 2,313.06 |
| Reserves and Surplus | 3,903.91 | 3,432.85 | 3,254.63 | 2,798.75 | 2,228.97 |
| Amount in ₹ Crore | |||||
Objectives of IPO
ICICI Prudential AMC itself will not receive any proceeds from the IPO. Instead, the entire proceeds, net of offer-related expenses, will go to the selling shareholder.
Promoters of the company
ICICI Bank Limited and Prudential Corporation Holdings Limited are the company promoters.
IPO Details
| IPO Date | December 12, 2025 to December 16, 2025 |
| Listing Date | December 19, 2025 |
| Face Value | ₹1 per share |
| Price Band | ₹2061 to ₹2165 per share |
| Lot size | 6 shares |
| Total Issue size | 4,89,72,994 shares (aggregating upto ₹10,602.65 Cr ) |
| Issue type | Bookbuilding IPO |
| Listing at | NSE, BSE |
| Share Holding Pre Issue | 49,42,58,520 shares |
| Share Holding Post Issue | 49,42,58,520 shares |
Category Reservation Table
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
| Only RII | Upto Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only shareholder | Upto Rs 2 Lakhs | Yes |
| Shareholder + RII/NII | 1. Shareholder limit: Upto Rs 2 lakhs 2. If applying as RII: Upto Rs 2 Lakhs 3. If applying as NII: sNII > Rs 2 Lakhs and upto Rs 10 Lakhs, and bNII > Rs 10 lakhs | Yes for Shareholder and RII |
Lot Allocation Details
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 6 | ₹12,990.00 |
| Retail (Max) | 15 | 90 | ₹1,94,850.00 |
| S-HNI (Min) | 16 | 96 | ₹2,07,840.00 |
| S-HNI (Max) | 76 | 456 | ₹9,87,240.00 |
| B-HNI (Min) | 77 | 462 | ₹10,00,230.00 |
Allotment Schedule
| Basis of Allotment | Wed, 17 Dec, 2025 |
| Initiation of Refunds | Thu, 18 Dec, 2025 |
| Credit of Shares to Demat | Thu, 18 Dec, 2025 |
| Tentative Listing Date | Fri, 19 Dec, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 16, 2025 |
IPO Reservation
| Investor Category | Shares Offered |
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Source – SEBI, Chittorgarh
To check allotment, click here
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