ICICI Prudential Asset Management Company, a subsidiary of ICICI Bank, made a strong debut on the stock market, listing at over a 20 per cent premium to its IPO price on the National Stock Exchange. The shares were listed at Rs 2,600 apiece, reflecting a gain of 20.09 per cent over the issue price, after the public offering attracted robust investor interest and was subscribed nearly 39 times during the bidding period from December 12 to December 16.
LiveNow
ICICI Prudential AMC Share Price Live: Prudential Corp Holdings pares stake in ICICI Prudential AMC; ICICI Bank retains control
ICICI Prudential Asset Management Company, a subsidiary of ICICI Bank, made a strong debut on the stock market, listing at over a 20 per cent premium to its IPO price on the National Stock Exchange. The shares were listed at Rs 2,600 apiece, reflecting a gain of 20.09 per cent over the issue price, after the public offering attracted robust investor interest and was subscribed nearly 39 times during the bidding period from December 12 to December 16.
The Rs 10,603-crore public issue was priced in the range of Rs 2,061 to Rs 2,165 per share. The strong response in the primary market set the stage for a healthy listing on the exchanges.
ICICI Prudential AMC is jointly promoted by ICICI Bank, which holds a 51 per cent stake, and Prudential Corporation Holdings. As the IPO was structured entirely as an offer for sale, there was no dilution of promoter shareholding, and management control remains unchanged.
The asset manager has been gradually strengthening its foothold in the equity segment, supported by solid performance and steady net equity as well as SIP inflows. Although its equity MAAuM market share slipped from 13.2 per cent in March 2020 to 12.3 per cent in March 2022, it has since recovered steadily to reach 13.8 per cent by November 2025. Analysts note that the company's returns have been comparatively more risk-efficient than peers, aided by lower concentration risk and limited exposure to small- and mid-cap stocks.
Revenue for ICICI Prudential AMC is largely driven by management fees linked to assets under management, making earnings closely tied to market movements and investor inflows. Since the company does not deploy significant proprietary capital in lending or investment activities, profitability remains dependent on fund flows and overall market conditions.
Financial performance has remained strong, with revenue rising 32 per cent year-on-year between FY24 and FY25, while profit after tax grew 29 per cent during the same period. Operating profit before tax also remained among the highest in India's asset management industry.
If you want this split into short sections with headers or tightened further for breaking-news format, I can do that next.
Read More▼Read Less▼
ICICI Prudential AMC Share Price Live: Prudential Corp Holdings sells 4.89 crore ICICI Prudential AMC shares; ICICI Bank to retain majority stake
ICICI Prudential AMC listing | Prudential Corp Holdings sells 4.89 crore shares at Rs 2,165 per share; ICICI Bank to retain majority stake
ICICI Prudential AMC Share Price Live: Higher cost base may offer operating leverage upside for ICICI AMC
After factoring in fees and commission expenses linked to the PMS and AIF businesses, ICICI AMC's operating expenses to average assets under management (AAuM) stand at about 12.5 basis points on a consolidated basis. This is higher than HDFC AMC's 10.3 basis points and SBI Mutual Fund's 8.1 basis points. The relatively elevated cost ratio is largely due to ICICI AMC's larger workforce of 3,541 employees, compared with around 1,704 at HDFC AMC and about 1,600 at SBI MF. As a result, analysts believe ICICI AMC is well placed to benefit from incremental operating leverage as AAuM continues to grow at a healthy pace.
ICICI Prudential AMC Share Price Live: ICICI Prudential AMC current stock price
Shares of ICICI Prudential Asset Management Company Ltd (ICICIAMC) are trading at Rs 2,576, down Rs 30.20 or 1.16 per cent from the previous level. Despite the intraday dip, the stock remains up Rs 411, or 18.98 per cent, over its IPO price, reflecting a strong overall listing performance.
ICICI Prudential AMC shares list at 20% premium over IPO price in strong market debut
ICICI Prudential AMC, an arm of the ICICI Bank, shares made a bumper stock market debut to list at more than 20 percent premium over its initial public offer (IPO) price on the National Stock Exchange (NSE), following a 39 times subscription to its issue between December 12-16 in the primary market. (Read More)
ICICI Prudential AMC Share Price Live: Fifth ICICI Group company on D-Street
ICICI Prudential Asset Management Company is the fifth ICICI Group company to list on the Indian stock market. The December 19 D-street debut follows ICICI Bank, ICICI Prudential Life, ICICI Lombard, and ICICI Securities.
ICICI Prudential AMC Share Price Live: India's AMC industry sees strong growth amid rising competition
India's asset management industry continues to benefit from a multi-year wave of formalisation. Monthly SIP inflows reached record levels in 2025, while retail investors are increasingly favouring equities over traditional savings. Analysts note that this environment supports high valuations for market leaders such as ICICI Prudential AMC and HDFC AMC.
At the same time, competition is intensifying, with global entrants like Jio BlackRock expanding their presence, evolving sector regulations, and ongoing cost pressures.
Investors currently view ICICI Prudential AMC as a high-quality compounder with the strongest growth potential among large AMCs. Its scale, profitability, and extensive distribution network provide it with a clear advantage in the market.
ICICI Prudential AMC Share Price Live: Motilal Oswal expects good listing for ICICI Prudential AMC
Sneha Poddar, Vice President at Motilal Oswal, said the IPO "should see a good listing," noting that valuation-wise, it is at a discount to HDFC AMC. She highlighted the company's strong fundamentals and wide distribution network as key factors likely to support performance on the stock exchanges.
ICICI Prudential AMC Share Price Live: ICICI Prudential AMC IPO grey market premium
The latest grey market premium (GMP) for ICICI Prudential AMC IPO stands at Rs 533, shows investorgain.com data. With the upper price band at Rs 2,165, the estimated listing price works out to around Rs 2,698, implying a potential gain of approximately 24.62 per cent per share.
ICICI Prudential AMC Share Price Live: ICICI Prudential AMC expected to deliver strong financial growth
Financially, ICICI Prudential AMC is projected to compound steadily over the coming years. PL Capital estimates that core profit after tax will grow at a CAGR of 18.5 per cent between FY25 and FY28, the fastest among listed peers, driven by equity AUM growth expected to outperform the industry. Return ratios are also among the strongest in the sector, with core return on equity (RoE) exceeding 100 per cent.
ICICI Prudential AMC Share Price Live: ICICI Prudential AMC listing shortly, stock trades at Rs 2,606 in BSE pre-open
ICICI Prudential AMC Share Price Live: PL Capital initiates coverage on ICICI Prudential AMC with ‘buy’ rating
ICICI Prudential AMC has received one of its first coverage initiations, with PL Capital assigning a "Buy" rating and setting a target price of Rs 3,000, indicating a potential upside of 39 per cent from the IPO price band of Rs 2,165. The recommendation follows a heavily subscribed public offering that closed on Tuesday. The broker highlighted optimism about the company's business prospects, citing its strong performance and parentage, which contribute to the highest net equity flow market share among AMCs and superior equity yields due to the lowest distributor payout.
ICICI Prudential AMC Share Price Live: ICICI Prudential AMC pre-open on BSE jumps 19.63%
ICICI Prudential Asset Management Company Ltd (ICICIAMC) is trading at a pre-open indicative price of Rs 2,590 on the BSE, showing a gain of Rs 425, or 19.63 per cent, from the issue price. The indicative quantity during the pre-open session stood at 2,77,545 shares, signaling strong investor interest ahead of the company’s market debut.
ICICI Prudential AMC Share Price Live: ICICI Prudential AMC IPO rated positive on valuation and listing outlook
Sunil Jain, Head of Retail Research at Nirmal Bang, expects a strong listing for ICICI Prudential AMC, supported by what he sees as attractive valuations and solid long-term prospects for the ICICI Group offering. He said overall valuations are lower than peers, which should aid listing performance, while the company's long-term outlook remains positive.
ICICI Prudential AMC Share Price Live: Listing ceremony begins
The listing ceremony of ICICI Prudential AMC begins with soulful rendition of the National Anthem.
ICICI Pru AMC files draft documents for two SIFs with SEBI
ICICI Prudential Asset Management Company (ICICI Pru AMC), which is set to list on the bourses on December 19, has filed draft documents with the Securities and Exchange Board of India (SEBI) to launch two Specialized Investment Funds (SIFs). The proposed funds are the iSIF Equity Ex-Top 100 Long-Short Fund and the iSIF Hybrid Long-Short Fund. (Read More)
ICICI Prudential AMC Share Price Live: Listing ceremony direct link
The listing ceremony will commence at the National Stock Exchange shortly. We are ringing you all the latest buzz. In case you want to watch the ceremony live, here's the direct link:
ICICI Prudential AMC Share Price Live: ICICI Prudential AMC rises to Rs 2,165 in pre-open on BSE
ICICI Prudential Asset Management Company Ltd (ICICIAMC) was seen in the BSE pre-open session at an indicative price of Rs 2,165. The stock showed no change at this level, indicating a flat stance versus the reference price. The indicative quantity during the pre-open session stood at 57,078 shares.
ICICI Prudential AMC Share Price Live: Pricing reflects sector growth story
Analysts largely agree that the IPO is not inexpensive, but say the valuation is consistent with the long-term growth outlook for the asset management industry, where players with scale and higher equity exposure are expected to benefit the most.
ICICI Prudential AMC Share Price Live: Distribution strength and banking access
Both asset managers have strong distribution networks, but ICICI Prudential benefits from deeper access to banking channels through ICICI Bank.
ICICI Prudential AMC Share Price Live: Stronger ROE offsets margin gap
Despite lower margins, ICICI Prudential AMC delivers a significantly higher return on equity due to a more efficient balance sheet.
ICICI Prudential AMC Share Price Live: Leadership in size and earnings
ICICI Prudential AMC leads in assets under management, revenues and profits. However, HDFC AMC continues to post the highest net profit margin in the industry at around 70 per cent, compared with ICICI Prudential’s 56 per cent.
ICICI Prudential AMC Share Price Live: Closing the gap with HDFC AMC
While HDFC AMC has traditionally been viewed as the highest-quality listed AMC in India, ICICI Prudential AMC is now matching or outperforming it on several key metrics.
ICICI Prudential AMC Share Price Live: Structural growth drivers remain supportive
Tiwari also pointed to long-term structural tailwinds such as steady SIP inflows, formalisation of household savings and rising retail participation, which position the company well for sustained growth. He added that ICICI Prudential AMC remains Bonanza’s preferred pick within the AMC space.
ICICI Prudential AMC Share Price Live: Valuation aligned with market leaders
Tiwari said that at roughly 33 times earnings, the valuation is in line with industry leaders. Despite similar multiples, he believes ICICI Prudential AMC stands out due to its superior scale and profitability.
ICICI Prudential AMC Share Price Live: Scale and RoE provide valuation support
Bonanza’s Abhinav Tiwari highlighted that ICICI Prudential AMC’s leadership in Quarterly Average AUM provides stronger monetisation potential and operating leverage. He added that the company’s return on equity of around 83 per cent is far superior to peers, making earnings-based valuation metrics more relevant than book value.
ICICI Prudential AMC Share Price Live: Limited margin for error
He cautioned that with Sebi tightening cost norms and sector valuations already elevated, the IPO offers limited room for disappointment. According to him, the issue should be viewed as a long-term compounding opportunity rather than a value buy.
ICICI Prudential AMC Share Price Live: Premium backed by strong fundamentals
Tanna noted that the valuation premium reflects strong fundamentals, citing best-in-class scale, a favourable equity mix and high profitability.
ICICI Prudential AMC Share Price Live: Seen as an industry co-leader
Ashika Equity Research’s Ishan Tanna said the company is being valued as a co-leader in the asset management industry rather than a turnaround or catch-up story. At the upper end of the price band, ICICI Prudential AMC is valued at around Rs 1.07 lakh crore, almost matching HDFC AMC’s market capitalisation.
ICICI Prudential AMC Share Price Live: Lower multiple on H1 FY26 earnings
Based on annualised H1 FY26 numbers, the implied valuation multiple moderates to nearly 33 times earnings, offering some comfort on forward valuations.
ICICI Prudential AMC Share Price Live: Valuation at par with listed AMC peers
On FY25 earnings, ICICI Prudential AMC’s IPO is priced at about 40–41 times price-to-earnings, broadly in line with HDFC AMC at around 44 times and Nippon Life AMC at nearly 40 times. The valuation is significantly higher than Aditya Birla Sun Life AMC at about 22 times and UTI AMC at roughly 19 times.
ICICI Prudential AMC Share Price Live: ICICI Prudential AMC pre-open on BSE
ICICI Prudential Asset Management Company Ltd (ICICIAMC) seen in the pre-open session on the BSE at an indicative price of Rs 2,000. The stock showed no change at this level, while indicating a notional decline of Rs 165, or 7.62 per cent, from the reference price. The indicative quantity in the pre-open session stood at 15,322 shares.
ICICI Prudential AMC Share Price Live: Industry-leading return ratios
ICICI Prudential AMC continues to post one of the highest returns on equity in the financial services sector, with ROE close to 83 per cent.
ICICI Prudential AMC Share Price Live: Strong financial growth and profitability
The company's financial performance has tracked its AUM expansion. Revenue increased from Rs 2,689 crore in FY23 to Rs 4,683 crore in FY25, while profit after tax rose from Rs 1,516 crore to Rs 2,651 crore.
ICICI Prudential AMC Share Price Live: Rising digital penetration
Digital adoption is increasing rapidly via the company's i-Invest app and partnerships with online distribution platforms, helping expand its investor base and improve servicing efficiency.
ICICI Prudential AMC Share Price Live: Access to ICICI Bank branch network
Through its association with ICICI Bank, the AMC has access to over 7,200 bank branches, significantly strengthening its reach across retail and institutional investors.
ICICI Prudential AMC Share Price Live: Extensive nationwide distribution network
ICICI Prudential AMC has one of the widest distribution networks in the country, with 272 offices spread across 23 states. It works with more than 1.1 lakh mutual fund distributors, 213 national distributors and 67 banking partners.
ICICI Prudential AMC Share Price Live: Strong equity AUM supports fee profile
The company's equity-oriented AUM of Rs 4.9 lakh crore is the highest in the industry, surpassing peers such as HDFC AMC. Equity accounts for around 56 per cent of total AUM, resulting in a stronger fee profile compared with rivals that have higher debt allocations.
ICICI Prudential AMC Share Price Live: Leader in active and equity-oriented funds
ICICI Prudential AMC is the largest manager of active and equity-oriented mutual fund assets in India. As of September 2025, its mutual fund Quarterly Average AUM stood at Rs 10.1 lakh crore, second only to SBI Mutual Fund.
ICICI Prudential AMC Share Price Live: Growing alternatives business
The asset manager has built a sizable alternatives platform, with assets of about Rs 72,930 crore across portfolio management services (PMS), alternative investment funds (AIFs) and offshore advisory mandates.
ICICI Prudential AMC Share Price Live: Large and diversified scheme portfolio
ICICI Prudential AMC manages 143 schemes, the highest in the domestic mutual fund industry. No single scheme contributes more than 7.1 per cent of the company's mutual fund AUM, ensuring a well-diversified portfolio.
ICICI Prudential AMC Share Price Live: ICICI Prudential AMC IPO sharpens comparison with HDFC AMC
The upcoming IPO of ICICI Prudential Asset Management Company has drawn investor attention to how India's largest active fund house compares with its closest peer, HDFC AMC, at a time when the domestic asset management industry is witnessing record inflows, rising retail participation and intensifying competition.
At the upper end of the price band, the IPO values ICICI Prudential AMC at about Rs 1.07 lakh crore, placing it nearly on par with HDFC AMC's valuation of around Rs 1.11 lakh crore, even before listing. Any upside on debut could see ICICI Prudential AMC emerge as the most valuable asset manager on Dalal Street.
Analysts believe the pricing reflects a broader market view that ICICI Prudential AMC is no longer a challenger in the space, but has evolved into a co-leader in India's Rs 75 lakh crore mutual fund industry.
ICICI Prudential AMC Share Price Live: ICICI Prudential AMC IPO valuation and listing outlook
Sunny Agrawal, Head of Fundamental Research at SBI Securities, expects the ICICI Prudential AMC issue to list at a premium of around 10-15 per cent. He noted that SEBI regulations related to the reduction in total expense ratio (TER) could marginally weigh on investor sentiment, as they may impact profitability in the near term. However, Agrawal added that the company's long-term growth outlook remains strong, and the overall regulatory changes appear better than market expectations, which could prompt a positive response for the AMC space.
Commenting on valuation, Agrawal said that at the upper end of the price band, ICICI Prudential AMC is valued at a H1FY26 price-to-earnings multiple of 33 times. This compares with 38 times for HDFC AMC and 37 times for Nippon AMC, indicating relatively reasonable pricing versus peers.
ICICI Prudential AMC Share Price Live: Expected listing gains in focus
At the estimated listing price, the IPO implies a potential upside of about 22.17 percent per share. Investors are closely tracking the stock's debut for further cues on its post-listing performance.
ICICI Prudential AMC Share Price Live: Strong financial performance in FY25
Between FY24 and FY25, the company reported a 32 percent year-on-year increase in revenue. Profit after tax rose 29 percent during the same period, while operating profit before tax remained among the highest in the Indian asset management industry.
ICICI Prudential AMC Share Price Live: Revenue model driven by management fees
The bulk of the company's income comes from fees charged for managing investor funds. These fees are closely linked to assets under management and overall market performance, as the company does not significantly deploy its own capital for lending or investments.
ICICI Prudential AMC Share Price Live: Risk-efficient investment approach
ICICI Prudential AMC's performance is considered more risk-efficient than many peers, largely due to lower concentration risk and relatively limited exposure to small- and mid-cap stocks.
ICICI Prudential AMC Share Price Live: Improving equity market share
Supported by strong performance and healthy net equity and SIP inflows, the company's equity market share has been on an upward trend. After declining from 13.2 percent in March 2020 to 12.3 percent in March 2022, the equity MAAuM market share has steadily improved to 13.8 percent as of November 2025.
ICICI Prudential AMC Share Price Live: Promoter shareholding remains unchanged
ICICI Prudential AMC is jointly owned by ICICI Bank, which holds a 51 percent stake, and Prudential Corporation Holdings. As the IPO involved no dilution, both promoters continue to retain their respective holdings, with management control remaining unchanged.
ICICI Prudential AMC Share Price Live: Lead managers and registrar
Citigroup Global Markets India acted as the book-running lead manager for the issue. KFIN Technologies was appointed as the registrar and handled the allotment process and application status updates.
ICICI Prudential AMC Share Price Live: Record-breaking subscription
The public issue witnessed exceptionally strong investor demand and was subscribed 39.17 times by the final day of bidding, setting a new benchmark for large IPOs this year.
