Key IPO Highlights :
- The Initial Public Offering (IPO) of ICICI Prudential Asset Management Company Limited will open for public subscription on Friday, December 12, 2025.
- The IPO will close on Tuesday, December 16, 2025.
- The price band has been fixed at ₹2,061 to ₹2,165 per equity share.
- The face value of each equity share is ₹1.
- The floor price is 2,061 times the face value, while the cap price is 2,165 times the face value.
- The anchor investor bidding date is scheduled for Thursday, December 11, 2025.
- The minimum bid lot is 6 equity shares, and bids can be made in multiples of 6 shares thereafter.
ICICI Prudential Asset Management Company Limited (the “Company”), shall open the Bid/Offer in relation to its initial public offer (“Offer”) of Equity Shares on December 12, 2025 and close on December 16, 2025, with the Anchor Investor Bidding Date being December 11, 2025.
The Offer is by way of an Offer for Sale of up to 48,972,994 Equity Shares by one of the Promoters of the Company, i.e., Prudential Corporation Holdings Limited. The Offer includes a reservation of up to 2,448,649 Equity Shares for subscription by Eligible ICICI Bank Shareholders (the “ICICI Bank Shareholders Reservation Portion”). The Offer less the ICICI Bank Shareholders Reservation Portion is the “Net Offer”. The Offer and the Net Offer will constitute 9.91% and 9.41% of the post-Offer paid-up Equity Share capital of the Company, respectively.
The Equity Shares are being offered through the red herring prospectus of the Company dated December 05, 2025 (the “Red Herring Prospectus”), filed with the Registrar of Companies, Delhi and Haryana at New Delhi (the “ROC”). The Equity Shares offered through the Red Herring Prospectus are proposed to be listed on BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”).
The price band for the Offer is ₹2,061 to ₹2,165 per Equity Share.
Bids can be made for a minimum of 6 Equity Shares and in multiples of 6 Equity Shares thereafter.
Citigroup Global Markets India Private Limited, ICICI Securities Limited, Axis Capital Limited, Morgan Stanley India Company Private Limited, Goldman Sachs (India) Securities Private Limited, CLSA India Private Limited, BofA Securities India Limited, UBS Securities India Private Limited, BNP Paribas, Nomura Financial Advisory and Securities (India) Private Limited, Avendus Capital Private Limited, SBI Capital Markets Limited, Kotak Mahindra Capital Company Limited, JM Financial Limited, Nuvama Wealth Management Limited, IIFL Capital Services Limited (Formerly known as IIFL Securities Limited), Motilal Oswal Investment Advisors Limited, and HDFC Bank Limited have been appointed as the Book Running Lead Managers to the Offer; and KFin Technologies Limited is the Registrar of the Offer.
