ICICI Prudential AMC IPO Dec 2025: GMP, Price Band, Dates & Full Review

The ICICI Prudential AMC IPO is one of the biggest public issues coming from India’s asset management industry, valued at ₹10,602.65 crore. This IPO is entirely an Offer for Sale, meaning existing shareholders are offloading 4.90 crore shares. Retail investors, HNIs and institutional buyers are closely watching the issue because the company is already one of India’s largest AMCs with more than 10,000 billion QAAUM as of September 2025.

The IPO opens on December 12, 2025, and closes on December 16, 2025, with a price band of ₹2061–₹2165 per share.

This blog gives you a complete breakdown of the ICICI Prudential AMC IPO, including financial performance, business strengths, valuation, risks, lot size, timeline, KPIs, and everything investors need to make an informed decision.

ICICI Prudential AMC IPO Key Details 2025

The following are the most important and key details about the ICICI Prudential AMC IPO:

ICICI Prudential AMC IPO Timeline

The following table shows the complete timeline of the ICICI Prudential AMC IPO:

ICICI Prudential AMC IPO Reservation

Here is how ICICI Prudential AMC has allocated shares among different investor categories:

Investor Category Bidding Limits

The following table explains maximum bidding limits for each investor category:

Note: To apply in the shareholder quota, investors must hold shares of ICICI Bank Limited.

ICICI Prudential AMC IPO Lot Size

Here is the minimum and maximum investment a retail and HNI investor can make:

About ICICI Prudential AMC Business Operations

Founded in 1993, ICICI Prudential AMC is among India’s largest and most diversified asset management companies. It manages mutual funds, PMS, AIFs and offshore advisory services. The company handles one of the broadest scheme portfolios in the Indian mutual fund industry with 143 schemes, covering equity, debt, passive, hybrid and arbitrage segments.

The AMC has a strong nationwide presence with 272 offices across 23 states and 4 Union Territories, supported by a 3,500+ employee workforce. Its business lines include:

• Mutual Funds (Equity, Debt, ETFs, Index Funds)
• Portfolio Management Services (multiple PMS strategies)
• Alternative Investment Funds (Category II and III AIFs)
• Offshore advisory and wealth management services

ICICI Prudential AMC Company Financials

The following financial tables highlight the company’s performance over the past years.

Financial Data of ICICI Prudential AMC

ICICI Prudential AMC Key Performance Indicators

These KPIs help investors understand profitability and valuation strength:

ICICI Prudential AMC Strengths

The following are the major strengths of ICICI Prudential AMC as mentioned in the RHP:

• Largest asset management company in India by AUM
• Strong individual investor base
• Diversified scheme portfolio
• Proven profitability and stable cash flows
• Strong distribution network across India
• Long-term industry presence with experienced management
• Solid brand recall and trust from ICICI Group

ICICI Prudential AMC Risks

Investors should consider the following risks before applying:

• 100% offer for sale means no fresh capital coming to the company
• Highly regulated industry; changes by SEBI can impact margins
• Market-linked revenue model depends heavily on market cycles
• Intense competition from other large AMCs and new players
• Profitability may fluctuate with AUM changes
• Any decline in equity markets can directly affect income

ICICI Prudential AMC Promoters

Below are the promoters of ICICI Prudential AMC:

Conclusion

ICICI Prudential AMC is a profitable, well-established and dominant player in India’s mutual fund industry. With strong financials, high ROE, diversified business and wide distribution, the company stands out among AMC peers. However, this IPO is fully an OFS, which means the company will not receive fresh funds. Still, long-term investors looking for exposure to India’s growing asset management ecosystem may consider evaluating this IPO as part of their diversified portfolio. 

Frequently Asked Questions

What is the ICICI Prudential AMC IPO?

The ICICI Prudential AMC IPO is a ₹10,602.65 crore offer for sale where existing shareholders are selling 4.90 crore shares without any fresh issue.

When does the ICICI Prudential AMC IPO open and close?

The ICICI Prudential AMC IPO opens on December 12, 2025, and closes on December 16, 2025.

What is the price band for the ICICI Prudential AMC IPO?

The ICICI Prudential AMC IPO price band is ₹2061 to ₹2165 per share.

What is the lot size for the ICICI Prudential AMC IPO?

The lot size for the ICICI Prudential AMC IPO is 6 shares.

How much does a retail investor need to invest in the ICICI Prudential AMC IPO?

A retail investor needs ₹12,990 to apply for one lot of the ICICI Prudential AMC IPO.

What is the ICICI Prudential AMC IPO allotment date?

The allotment for the ICICI Prudential AMC IPO will be announced on December 17, 2025.

When will the ICICI Prudential AMC IPO list?

The listing date for the ICICI Prudential AMC IPO is December 19, 2025.

Is ICICI Prudential AMC profitable?

Yes, ICICI Prudential AMC is a highly profitable company with strong ROE and consistent financial growth.

How can investors apply for the ICICI Prudential AMC IPO?

Investors can apply for the ICICI Prudential AMC IPO through any UPI-enabled brokerage like Zerodha, Groww, Angel One or Upstox.

Who is the registrar for the ICICI Prudential AMC IPO?

Kfin Technologies Ltd. is the registrar for the ICICI Prudential AMC IPO.

Author: Diwakar Singh

Diwakar Kumar Singh is a finance writer and BFSI specialist with 7+ years of experience in financial content and research. He has authored hundreds of finance articles, published multiple books internationally, and contributed to research publications. A Gold Medalist MBA from IMT, he brings a strong analytical understanding combined with clear, reader-focused communication. His work focuses on simplifying complex financial topics, including IPO analysis, unlisted shares, financial ratios, and company evaluations, providing well-researched and evidence-based insights to help readers make informed financial decisions.