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ICICI Pru AMC becomes 4th most-subscribed India IPO

December 17, 2025

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Financial Express Chennai

·₹10,600-cr IPO, subscribed 39.17 times, gets bids worth ₹3 lakh cr

- NESIL STANEY

ICICI PRUDENTIAL ASSET Management on Tuesday received bids worth ₹ 3 lakh crore for its IPO, making it the fourth most-subscribed public issue in India.

The ₹10,600-crore IPO was subscribed 39.17 times on the final day of bidding on Tuesday, led by heavy demand from institutional buyers. It saw the highest bids after IPOs by Reliance Power in 2007, LG Electronics India this year, and Bajaj Housing Finance in 2024.

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