ICICI Prudential Asset Management Company Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹2061 - ₹2165
- Lot size
- 6 shares
- Issue amount
- ₹10,602.65 cr
- Total subscription
- 39.17×
- Opens
- 12 Dec 2025
- Closes
- 16 Dec 2025
- Allotment
- 17 Dec 2025
- Listing
- 19 Dec 2025
Offer at a glance
Issue overview
- Issue size
- 4,89,72,994 shares
- Face value
- ₹1 Per Share
- Minimum investment
- ₹12,366
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹10,602.65 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹12,990
- Issue type
- Bookbuilding IPO
- Shares before issue
- 49,42,58,520
- Shares after issue
- 49,42,58,520
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 6 | ₹12,990 |
| sHNI | 16 | 96 | ₹2,07,840 |
| bHNI | 77 | 462 | ₹10,00,230 |
Share reservation
Subscription & GMP
Subscription by category
Reported 16 Dec 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 27,13,920 | 44,59,489 |
| HNIs(10L +) | 48,463 | 2,24,905 |
| HNIs (2-10L) | 24,231 | 3,47,290 |
| Shareholder | 0 | 291 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 2,014.5 | 2,49,529.23 |
| FIIs | 0 | 95,055.59 |
| FIs | 0 | 1,03,013.11 |
| Mutual Funds | 0 | 23,077.37 |
| Others | 0 | 28,383.16 |
| RETAIL | 3,525.38 | 8,933.39 |
| HNIs 2+ | 503.63 | 7,694.83 |
| HNIs 10+ | 1,007.25 | 25,600.67 |
| Shareholder | 530.13 | 5,169.35 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| EPS | 32.7 | 53.6 | 41.5 | 30.7 |
| ROE | 0 | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 | 0 |
| RONW | 86.8 | 82.8 | 78.9 | 70 |
| PRE IPO(PE) | 0 | 40.37 | 0 | 0 |
| POST IPO(PE) | 33.07 | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life AMC Limited | 22.50 | 723.10 | 5.00 | 129.20 | 27.00 | 32.30 |
| UTI Asset Management Company Limited | 19.80 | 1134.40 | 10.00 | 359.40 | 16.30 | 57.40 |
| Nippon Life India Asset Management Limited | 41.00 | 820.60 | 10.00 | 66.40 | 31.40 | 20.30 |
| HDFC Asset Management Company Limited | 45.20 | 2596.20 | 5.00 | 189.80 | 32.40 | 57.60 |
| ICICI Prudential Asset Management Company Limited | 40.37 | 2165.0 | 1.00 | 71.20 | 82.80 | 53.60 |
Company information
Company profile
ICICI Prudential Asset Management Company is one of India’s largest and most experienced AMCs, managing a quarterly average AUM of ₹8,794.1 billion as of March 31, 2025. With over 30 years in the asset management industry, it offers a wide range of investment products including mutual funds, PMS, AIFs, and offshore advisory services. The company caters to 14.6 million customers and manages 135 mutual fund schemes across equity, debt, hybrid, FoFs, and other categories. It also provides advisory services to institutions like banks, insurance companies, corporates, and government bodies, with assets under advisory of ₹311.3 billion as of March 31, 2025. Supported by a strong national presence, the company operates through 264 offices across 23 states and 4 union territories.
Strengths
- Market Leadership in Active Fund Management: ICICI Prudential AMC leads India’s mutual fund industry in active scheme AUM, holding a 13.3% share as of March 31, 2025, and ranks second overall with a 13.0% total QAAUM share (Source: CRISIL Report).
- Largest Retail Investor Base in India: With ₹5,658.2 billion in MAAUM and a 13.8% share, the company has the country’s biggest individual investor franchise — individual investors account for 62.2% of total AUM and 86.4% of equity AUM, enhancing fee stability and long-term assets under management.
- Wide & Diversified Scheme Portfolio: Managing 135 mutual fund schemes — the highest count among Indian AMCs — and ensuring no single scheme forms more than 7.1% of total QAAUM, ICICI Prudential AMC caters to varied investor needs and maintains resilience across market cycles.
Risk factors
- Exposure to Market Dependency: Revenue is heavily linked to AUM-driven management fees; any adverse economic or market conditions that reduce savings or investor sentiment may lower AUM and impact revenue, cash flows, and profitability.
- Investment Performance Risk: Underperformance versus benchmarks or peers can trigger lower inflows and higher redemptions, directly reducing AUM and management fees while hurting brand confidence and financial outcomes.
- Increasing Industry Competition: Strong competition from existing AMCs, new entrants, and alternative investment products may lead to market share pressure, fee reduction, and higher acquisition/retention costs for investors and distributors.
Promoters
ICICI Bank Limited
Prudential Corporation Holdings Limited
Registrar & documents
Lead manager
Citigroup Global Markets India Private Limited, Morgan Stanley India Company Private Limited, Bofa Securities India Limited, Axis Capital Limited, Clsa India Private Limited, IIFL Capital Services Limited, Kotak Mahindra Capital Company, Nomura Financial Advisory And Securities (India) Private Limited, SBI Capital Markets Limited, ICICI Securities Limited, Goldman Sachs (India) Securities Private Limited, Avendus Capital Private Limited, Bnp Paribas, Hdfc Bank Limited, Jm Financial Limited, Motilal Oswal Investment Advisors Limited, Nuvama Wealth Management Limited, Ubs Securities India Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
12 th Floor, Narain Manzil, 23, Barakhamba Road, Delhi, New Delhi, 110001
+91 022 2651 500
[email protected]Company website ↗Understanding ICICIAMC IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.