ICICI Prudential AMC Share Price in Focus; To Acquire PMS Business from ICICI Securities Limited

ICICI Prudential Asset Management Company Ltd. has approved the acquisition of the Portfolio Management Services (PMS) business of ICICI Securities Ltd. through a slump sale, as a going concern, along with the related assets and liabilities, as per the exchange filings. The transaction is subject to the necessary regulatory approvals.  

PMS Business With ₹29.10 Billion AUM 

The PMS business of ICICI Securities had Assets Under Management (AUM) of ₹29.10 billion as of March 31, 2026. The actual AUM transferred will be determined on the transfer date after the required approvals are received.  

Acquisition to Expand PMS Offerings 

ICICI Prudential AMC said the transaction will help broaden its existing portfolio management services offerings. The PMS business primarily serves high-net-worth individuals (HNIs) through professionally managed and customised investment solutions.   

The platform offers investment strategies across discretionary, non-discretionary and advisory mandates, including direct equity, smart beta and multi-asset approaches, with a focus on long-term risk-adjusted wealth creation.  

Transaction Valuation Linked to AUM 

The acquisition will be made through cash consideration, with the fair value to be determined by an independent valuer. The consideration has been specified at 1.20% of the actual AUM transferred.  

However, the final amount will depend on the actual AUM on the transfer date.   

PMS Revenue Shows Growth Over Three Years 

The PMS business recorded revenue of ₹14.94 crore in FY24, which increased to ₹25.30 crore in FY25 before moderating to ₹20.88 crore in FY26.  

Completion Expected Within a Year 

The acquisition is expected to be completed within one year, subject to receipt of the necessary approvals. The company has stated that SEBI and other regulatory approvals may be required for the transaction.   

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ICICI Prudential AMC Share Price Performance 

As of August 11, 2026, at 12:06 PM, ICICI Prudential AMC share price was trading at ₹3,050.00 per share, reflecting a decline of 0.14% from the previous trading session. 

Conclusion 

The proposed acquisition will expand ICICI Prudential AMC's PMS business and add the existing ICICI Securities PMS platform to its portfolio. With the transaction subject to regulatory approvals, the final consideration and AUM transferred will be determined closer to completion.  

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