ICICI Prudential AMC Announces IPO; Price Band Set at ₹2,061–₹2,165

Offering to Open on Strong Market Sentiment, Aiming to Raise Significant Capital

• Bilkul Online
• Ahmedabad, December 09, 2025

ICICI Prudential Asset Management Company Limited (“the Company”), one of India’s largest mutual fund houses, will open its Initial Public Offer (IPO) on Friday, December 12, 2025, and close on Tuesday, December 16, 2025. The Anchor Investor Bidding Date is scheduled for Thursday, December 11, 2025.

The price band for the Offer has been fixed at ₹2,061 to ₹2,165 per Equity Share. Investors can bid for a minimum of 6 equity shares, and in multiples of 6 thereafter.

The Offer consists of an Offer for Sale (OFS) of up to 48,972,994 equity shares by promoter Prudential Corporation Holdings Limited.

A reservation of 2,448,649 equity shares is earmarked for Eligible ICICI Bank Shareholders under the ICICI Bank Shareholders Reservation Portion. The Offer and Net Offer represent 9.91% and 9.41% of the post-Offer paid-up equity share capital of the Company, respectively.

The Equity Shares offered through the Red Herring Prospectus dated December 05, 2025, are proposed to be listed on BSE and NSE.

(RHP Link: https://www.icicipruamc.com/investor-relations/offer-documents/rhp1)

Nimesh Shah, MD & CEO, ICICI Prudential Asset Management Company Ltd, who was in Ahmedabad on Tuesday with his team said, “Our mutual fund business is built on long-term trust. Through this IPO, we aim to enhance governance, expand our reach, and continue delivering disciplined investment solutions to lakhs of investors across India.”

Dhiren Sampat, Head – Finance, ICICI Prudential Asset Management Company Ltd, stated,

“The Offer for Sale reflects the promoter’s confidence in the Company’s financial strength. We remain committed to transparent disclosures and efficient capital allocation.”

Manish Jain, Sr. Coverage Banker – Financials, ICICI Securities Limited, added,  “With a diversified mutual fund portfolio across equity, debt, REITs, and other instruments, ICICI Prudential AMC is well-positioned to attract strong institutional and retail investor interest.”

📌 What ICICI Prudential AMC Does

ICICI Prudential AMC manages money for lakhs of investors and invests across:

🏭 Shares (Equity)

🏦 Bonds (Debt)

🏗️ REITs (Real Estate Investment Trusts)

💼 Other financial instruments

This pooled money is collectively known as a Mutual Fund.

📸 IPO SNAPSHOT

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                 ICICI PRUDENTIAL AMC – IPO SNAPSHOT

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Bid/Offer Opens:          December 12, 2025 (Friday)

Bid/Offer Closes:         December 16, 2025 (Tuesday)

Anchor Investor Date:     December 11, 2025 (Thursday)

 

Price Band:               ₹2,061 – ₹2,165 per Equity Share

Minimum Lot Size:         6 shares (and multiples of 6)

 

Offer Structure:

– Offer for Sale:         48,972,994 shares

– Reservation:            2,448,649 shares for ICICI Bank

                          shareholders

Post-Offer Dilution:      9.91% (Offer), 9.41% (Net Offer)

 

Listing:                  BSE & NSE

Process:                  Book Building (SEBI ICDR compliant)

 

Registrars:               KFin Technologies Ltd

BRLMs:                    Citi, ICICI Securities, Axis, Morgan

                          Stanley, Goldman Sachs, CLSA,

                          BofA, UBS, BNP, Nomura, Avendus,

                          SBI Caps, Kotak, JM Financial, Nuvama,

                          IIFL, Motilal Oswal, HDFC Bank.

Note: This is a report based on the press conference. For further details investors must refer to the company’s official documents and government guidelines.