IPO GMP Update: ICICI Prudential AMC GMP Gains 5.54%; Check Key Dates, Price Band & Expected Listing Details

The initial public offering (IPO) of ICICI Prudential Asset Management Company (AMC), one of India's largest asset managers, will open for public subscription on Friday, December 12, and close on Tuesday, December 16. The share allotment is likely to be finalised on Wednesday, December 17, followed by listing on the BSE and NSE on Friday, December 19.

The IPO is a complete offer for sale (OFS) of up to 4,89,72,994 equity shares, each with a face value of Rs 1, amounting to a total issue size of Rs 10,602.65 crore. Since it is entirely an OFS, the company itself will not receive any funds. The proceeds will go to the selling shareholder, Prudential Corporation Holdings Limited, after deduction of issue-related expenses and applicable taxes.

ICICI Prudential IPO GMP Updates Today: IPO GMP Status on 8 December 2025

The price band for the ICICI Prudential AMC IPO is set between Rs 2,061 and Rs 2,165 per share. According to the Investorgain, the latest grey market premium (GMP) of ICICI Prudential AMC IS Rs 120 as of December 8, 2025, 12:35 PM, the stock is expected to list at approximately Rs 2,285 per share, which implies a potential gain of 5.54% over the upper end of the price band.

ICICI Prudential AMC IPO Subscription Amounts

Investors can participate in the IPO with the following minimum application amounts (subject to Sauda):

• Retail Investors: Rs 500
• Small HNI Investors: Rs 800

ICICI Prudential AMC IPO Structure and Key Dates

The ICICI Prudential AMC IPO involves:

• Subscription open: December 12, 2025
• Subscription close: December 16, 2025
• Allotment finalisation: December 17, 2025
• Listing on BSE/NSE: December 19, 2025

The OFS will be executed entirely by the promoter shareholder, Prudential Corporation Holdings Limited, without raising fresh capital for the company.

ICICI Bank Holds 51%; Prudential Corporation as Co-Promoter

ICICI Prudential AMC has two promoters; ICICI Bank Limited (holding 51% equity, equivalent to 25,20,72,044 shares) and Prudential Corporation Holdings Limited.

With over three decades of experience, ICICI Prudential AMC is among India's oldest and largest asset management companies, holding a 13.3% market share of total mutual fund quarterly-average assets under management (QAAUM) as of September 30, 2025. The total QAAUM in India was Rs 10,14,760 crore, demonstrating the company's significant scale.

Meesho, Vidya Wires, Aequs IPOs & Other IPOs in Focus Today

Investors who applied for the Meesho IPO, Vidya Wires IPO and Aequs IPO are watching the IPO allotment status closely, as the final share allotments for these three mainboard issues are likely to be completed on 5 December. Alongside this, grey market premium (GMP) trends are offering early cues on potential listing sentiment.

Meesho IPO Allotment; Check GMP

Ahead of the market debut, Meesho's IPO continued to attract strong grey market interest, though the premium moderated slightly. According to Investorgain, Meesho's unlisted shares were trading at a 38 percent GMP over the IPO price, down from the 44.59 percent premium seen on 4 December (Day 2 of bidding).

Aequs IPO GMP Status

The Aequs IPO also maintained positive momentum in the grey market. Investorgain data showed the company's unlisted shares trading at nearly a 29 percent premium over the issue price.

Vidya Wires IPO GMP Updates

Meanwhile, the Vidya Wires IPO recorded a more modest premium. Investorgain reported that the company's unlisted shares were trading at almost an 8 percent GMP, lower than the 10.58 percent premium recorded on 4 December, but higher than the 5.77 percent seen on 5 December, the final day of subscription.

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