ICICI Prudential AMC's big IPO drops December 12

Business Dec 04, 2025

ICICI Prudential AMC, India's biggest asset manager, is launching its IPO on December 12 and wrapping up on December 16.
They're aiming to raise ₹10,700 crore by selling a 10% stake (thanks to UK-based Prudential), which could value the company at a hefty ₹1.07 lakh crore.
The price band will be announced on December 8.

Why does this matter?

ICICI Prudential AMC isn't just big—it leads the pack with a 13.3% market share and manages an impressive ₹8.8 lakh crore in assets as of March 2025.
Profits have been climbing fast too, growing at over 32% annually since FY23 and hitting about ₹2,650 crore per year.
All this makes it the most profitable asset management firm in India right now—pretty solid credentials for anyone eyeing that IPO.