ICICI Prudential (AMC) IPO : GMP, Date, Share Price, Lot Size

ICICI Prudential Asset Management Company (AMC)

• ICICI Prudential AMC — a joint venture between ICICI Bank (51%) and Prudential Corporation Holdings (49%) — is among the top asset-management firms in India by assets under management (AUM) and served investor base.
• As per the IPO filing, the company manages 143 mutual fund schemes, and has posted strong financials: for the six months ended Sept 2025, profit rose ~21.9% year-on-year and revenue rose ~20%.
• Post-listing, the AMC will be among a handful of listed entities under the broader ICICI umbrella — alongside ICICI Bank, ICICI Prudential Life Insurance Company, and ICICI Lombard General Insurance Company.

IPO

• Company: ICICI Prudential AMC — one of India’s leading mutual-fund/asset-management firms.
• Type of Issue: 100% Offer for Sale (OFS) — no fresh capital being raised; existing shareholder (Prudential Corporation Holdings, UK) is offloading shares.
• Stake Being Sold: Up to ~ 9.9–10% of total equity.
• Issue Size: ~ ₹10,600–10,603 crore.

Price Band, Face Value & Valuation

• Price Band: ₹2,061 – ₹2,165 per share.
• Face Value: ₹1 per share.
• At the upper end of the price band, the implied valuation of the company is around ₹1.07 lakh crore.

Lot Size & Application Details

• Minimum bid lot: 6 shares. Thereafter, in multiples of 6 shares.
• Retail quota: ~ 35% of net offer; Qualified Institutional Buyers (QIB): ~ 50%; High-Net-Worth Individuals (HNI): ~ 15%.

Important Dates

Event	Date
Anchor investor bidding	11 December 2025
IPO opens (public subscription)	12 December 2025
IPO closes	16 December 2025
Basis of allotment	17 December 2025
Refunds / Credit to Demat accounts	18 December 2025
Expected listing on BSE / NSE	19 December 2025

Grey Market Premium (GMP)

• As of recent reports, the unofficial GMP is being quoted in the grey market at ₹280 per share, which suggests a possible listing-day gain of ~13%.
• Another source tracking grey-market activity indicates a GMP around ₹340 per share.
• GMP being positive and significant generally reflects strong investor appetite and expectation that the IPO will list appreciably above the issue price (assuming market conditions remain stable).

What This Means for Potential Investors

• Given the positive GMP and strong business fundamentals, there may be scope for short-term listing gains (assuming favourable market and listing-day sentiment).
• For long-term investors, the underlying strength of the AMC — in terms of market share, AUM, diversified mutual-fund schemes — may make it a candidate for holding beyond the listing boost.
• That said, since the IPO is a full OFS (no fresh capital), the listing performance will depend heavily on demand, market environment and post-listing liquidity — so there’s no guarantee of gains.