ICICI Prudential AMC IPO Opens Tomorrow (Dec 12): Key Details and Financial Performance

The ICICI Prudential AMC IPO, worth ₹10,602.65 crore, opens for subscription on December 12, 2025. This is a pure offer for sale of 4.90 crore equity shares, offering investors an opportunity to participate in one of India’s leading asset management companies. 

Priced between ₹2061 and ₹2165 per share, the IPO requires a minimum retail investment of ₹12,990 for a lot of 6 shares. The issue will close on December 16, with allotment expected on December 17 and a tentative listing on the NSE and BSE on December 19.

Financial & Business Metrics Summary

AUM Growth and Customer Expansion

ICICI Prudential AMC has demonstrated expansion in assets under management. Individual mutual fund MAAUM rose to ₹6,610.3 billion as of September 30, 2025, compared to ₹5,746.4 billion in the same period the previous year. Customer count also grew significantly from 13.6 million to 15.5 million year-on-year, reflecting wider retail investor participation and effective distribution reach.

Systematic transactions increased to ₹48 billion for the six months ended September 30, 2025, highlighting strong SIP-led flows and long-term customer engagement.

Diversified Asset Mix and PMS/Alternate Assets Growth

The company’s discretionary PMS QAAUM rose to ₹252.9 billion in September 2025 from ₹210.7 billion the year before. Alternate assets including advisory assets grew to ₹729.3 billion, up from ₹690.4 billion in the previous year, showcasing solid traction in high-margin product categories.

These diversified revenue-generating platforms strengthen business stability and future scalability.

Revenue and Profit Performance

Operating revenue for the six months ended September 30, 2025, stood at ₹27,329.5 million compared to ₹21,869.3 million for the same period in 2024. Full-year FY25 operating revenue was ₹46,827.8 million, maintaining steady upward momentum.

Operating profit before tax increased to ₹19,328.2 million in September 2025 versus ₹15,167.9 million in 2024. Profit before tax also climbed to ₹21,494.8 million from ₹17,880.9 million year-on-year.

Profit after tax for the six months period was ₹16,177.4 million, compared to ₹13,271.1 million in the previous year’s period, reflecting strong operational efficiency.

High Return Ratios

ICICI Prudential AMC continues to deliver exceptional returns, with ROE at 86.8% as of September 2025, marginally improving from 86.0% the previous year. This underscores the company’s asset-light model and strong earnings capability.

Also Read: India Leads Global IPO Activity in October with 2 of Top 5 Deals Globally!

Conclusion

Backed by financials, expanding AUM, rising customer participation, and high return ratios, the ICICI Prudential AMC IPO presents a compelling proposition for investors seeking exposure to India’s growing asset management industry. The company’s consistent performance and robust market position make it one of the most anticipated IPOs of the year.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.