- Issue price
- ₹2,165per share
- Issue size
- ₹10,602.65 Cr4,89,72,994 shares
- Face value
- ₹1per equity share
- Lot size
- 6 sharesMin. ₹12,990 at the upper price
- Anchor biddingThu, 2025
- OpensFri, 2025
- ClosesTue, 2025
- AllotmentWed, 2025
- ListingFri, 2025
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- —
- Offer for sale
- 4,89,72,994 shares (₹10,602.65 Cr)
- Total issue
- 4,89,72,994 shares (₹10,602.65 Cr)
- Face value
- ₹1
- Listing at
- NSE, BSE
- Promoter holding
- 53.00% → 53.00%
Source: ProspectusUpdated
Reservation
Share of the total issue- Retail33.3%
- Anchor28.5%
- QIB ex-anchor19.0%
- Big NII9.5%
- Shareholders5.0%
- Small NII4.7%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 1,62,83,521 | 33.25% | 35% |
| Non-institutional investors (NII) | 69,78,652 | 14.25% | 15% |
| Small NII (₹2–10 lakh) | 23,26,217 | 4.75% | — |
| Big NII (above ₹10 lakh) | 46,52,435 | 9.50% | — |
| Qualified institutional buyers (QIB) | 2,32,62,172 | 47.50% | 50% |
| QIB, excluding anchor | 93,04,869 | 19.00% | — |
| Anchor investors | 1,39,57,303 | 28.50% | — |
| Shareholders | 24,48,649 | 5.00% | — |
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2024-25- EPS (basic)
- ₹53.6
- P/E (FY 2024-25 at cap price)
- 40.40×
- RoNW
- 82.80%
- NAV per share (As at Sep 30, 2025)
- ₹79.3
Source: ProspectusUpdated
Financials
Standalone, restated · ₹ crore| Period ended | 30 Sep 20256 months | 31 Mar 2025FY 2024-25 | 30 Sep 20246 months | 31 Mar 2024FY 2023-24 | 31 Mar 2023FY 2022-23 |
|---|---|---|---|---|---|
| Revenue from operations | 2,949.38 | 4,977.33 | 2,458.20 | 3,758.23 | 2,837.35 |
| Total income | 2,949.61 | 4,979.67 | 2,458.23 | 3,761.21 | 2,838.18 |
| EBITDA | 2,210.10 | 3,636.99 | 1,837.55 | 2,780.01 | 2,072.58 |
| Profit after tax | 1,617.74 | 2,650.66 | 1,327.11 | 2,049.73 | 1,515.78 |
| Net worth | 3,921.56 | 3,516.94 | 3,272.28 | 2,882.84 | 2,313.06 |
| Reserves and surplus | 3,903.91 | 3,499.29 | 3,254.63 | 2,865.19 | 2,295.41 |
| Total assets | 4,827.34 | 4,383.68 | 4,096.74 | 3,554.09 | 2,804.76 |
| Total borrowing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
FY 2024-25 vs FY 2023-24: revenue +32.4%, profit after tax +29.3%. Periods shorter than 12 months are shown as reported and are not annualised.
Source: ProspectusUpdated
About the company
The company acts as investment manager for the ICICI Prudential mutual fund schemes. It also runs portfolio management services, manages alternative investment funds, and provides advisory services to offshore clients. Its promoters are ICICI Bank Limited and Prudential Corporation Holdings Limited.
- Incorporated
- 1993
- Industry
- Asset Management
- Sector
- Financial Services
- CIN
- U99999DL1993PLC054135
- Website
- icicipruamc.com
Source: ProspectusUpdated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| ICICI Bank Limited | Promoter | 53.00% | 53.00% | — |
| Prudential Corporation Holdings Limited | Selling shareholder | 44.50% | 34.60% | 4,89,72,994 |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Offer for sale of shares by the promoter selling shareholder; the company receives no proceeds | 10,602.65 |
| Achieving the benefits of listing, including visibility and a public market for the shares | Set with price |
Source: ProspectusUpdated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| ICICI Prudential Asset Management Company LimitedIssuer | ₹53.6 | 40.40× | 82.80% | ₹71.2 |
| HDFC Asset Management Company Limited | ₹57.6 | 46.60× | 32.40% | ₹189.8 |
| Nippon Life India Asset Management Limited | ₹20.3 | 43.50× | 31.40% | ₹66.4 |
| UTI Asset Management Company Limited | ₹57.4 | 20.10× | 16.30% | ₹359.4 |
| Aditya Birla Sun Life AMC Limited | ₹32.3 | 23.40× | 27.00% | ₹129.2 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Reported as the largest active mutual fund manager in India by quarterly average AUM as of September 30, 2025, per the CRISIL report.
- Large base of individual investors, with about 15.5 million customers as of September 30, 2025.
- Broad range of 143 mutual fund schemes across equity, debt, passive and other categories.
- Distribution through ICICI Bank, other banks, national distributors and a largely digital platform.
- Backed by promoters ICICI Bank and Prudential, which provide brand and distribution support.
Risks
- Revenue depends on management fees linked to AUM, which falls if markets or investor flows weaken.
- Underperformance against benchmarks could lead to investor redemptions and scheme closures.
- The business operates in a heavily regulated sector, and regulatory changes or breaches could affect operations.
- Reliance on third-party distributors could disrupt operations and reputation if their services fail.
- Exposure to online fraud and cyber-attacks that could disrupt services or expose investor data.
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹2,165) appear here after the shares list on NSE and BSE.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the ICICI Prudential Asset Management Company IPO open and close?
According to the Prospectus, the issue opens on Friday, 12 December 2025 and closes on Tuesday, 16 December 2025.
What is the ICICI Prudential Asset Management Company IPO price band?
The final issue price is ₹2,165 per share.
What is the lot size of the ICICI Prudential Asset Management Company IPO?
One lot is 6 shares, which is ₹12,990 at ₹2,165 per share.
Where will ICICI Prudential Asset Management Company shares list?
On NSE and BSE. The tentative listing date is Friday, 19 December 2025.
Who is the registrar of the issue?
KFin Technologies Limited (SEBI registration INR000000221). Allotment status is checked on the registrar's website.
How do I check the ICICI Prudential Asset Management Company IPO allotment status?
The basis of allotment is expected to be finalised on Wednesday, 17 December 2025. After that, search by PAN, application number or DP/client ID on the registrar's website (KFin Technologies Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹10,602.65 Cr for offer for sale of shares by the promoter selling shareholder; the company receives no proceeds, and the rest for the other stated purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.