ICICI Prudential AMC IPO Opens for Subscription on December 12 with Prudential Offloading 10% Stake

ICICI Prudential Asset Management Company is set to launch its initial public offering (IPO) in India on December 12, 2025, as per news reports.  

This move comes as British insurer Prudential plans to divest a 10% stake in the company. The issue is entirely an offer for sale of 4.90 crore shares, amounting to ₹10,602.65 crore. 

Details of the ICICI Prudential AMC IPO 

The IPO will see Prudential selling up to 4.9 crore shares, a significant increase from the earlier plan of 1.77 crore shares. This decision follows the issuance of bonus shares earlier this year, which increased the company's outstanding shares.  

The joint venture between ICICI Bank, holding a 51% stake, and Prudential, owning the remainder, aims to raise substantial capital through this offering. 

IPO Timeline and Valuation 

The 3-day share sale will commence on December 12, 2025, with anchor investors having the opportunity to bid a day earlier on December 11.  

The shares are expected to be listed on Indian exchanges by December 19, 2025. The company is targeting a valuation of $12 billion through this ₹12,000 crore IPO, as per Reuters. 

Stakeholder Details 

Importantly, the asset manager itself is not issuing new shares, and ICICI Bank is not selling any of its stake in this IPO. This offering is solely focused on Prudential's divestment of its stake in the asset management firm. 

Read More: Jio Platforms IPO: Reliance Industries Said to Begin Work on Draft Prospectus! 

Conclusion 

The upcoming IPO of ICICI Prudential AMC marks a significant event in the Indian financial market. With Prudential's decision to sell a larger portion of its stake, the issue is entirely an offer for sale of 4.90 crore shares, amounting to ₹10,602.65 crore. 

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