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ICICI Prudential AMC IPO signals strong demand with 13% grey-market premium

Millennium Post Delhi

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Delhi 08 December 2025

NEW DELHI: ICICI Prudential Asset Management Company’s Rs 10,603 crore initial public offering is drawing strong interest ahead of its Friday launch, with a grey-market premium of Rs 280 per share indicating a potential 13 per cent listing gain.

The pricing signals healthy early demand for what is expected to be one of the most closely watched offerings in India’s asset-management industry this year.‘The company has set a price band of Rs 2,061-2,165 per share. The issue opens on Friday, December 12, and closes on Tuesday, December 16, while the anchor book will open on Thursday, December 11.

Investors can apply for a minimum of six equity shares and in multiples of six thereafter.

In the unofficial market, the stock was trading at a Rs 280 premium over the top end of the price band, suggesting a possible listing price of Rs 2,445.

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