Archive · 2 Dec 2025
ICICI Prudential AMC Receives SEBI IPO Approval
ICICI Prudential AMC, a big company that manages money for people, just got the green light from SEBI to sell some of its shares to the public for the first time.
This is called an IPO.
The company is very big in India, managing a lot of money, especially in stocks and other investments.
It makes a lot of money from its operations and has been growing fast.
The IPO will let the company's promoter, Prudential Corporation Holdings, sell some of its shares to new investors.
Many big banks and financial companies are helping with this IPO.
The company is a joint venture between ICICI Bank and Prudential Corporation Holdings Limited, and it also manages other types of investments like portfolio management services and alternative investment funds.
ICICI Prudential AMC received final SEBI approval for its ₹10,000 crore IPO on December 1, 2025.
The IPO is structured as an offer for sale (OFS) by its promoter, Prudential Corporation Holdings.
The company's current share capital is 17,652,090 shares of ₹1 each, which will increase to 494,258,520 equity shares post-bonus issuance.
ICICI Prudential AMC is the largest asset management company in India based on QAAUM, with a market share of 13.3% as of March 31, 2025.
The company reported revenue from operations of ₹4,977.3 crore and a net profit of ₹2,650.6 crore for FY25.
- Who
- ICICI Prudential Asset Management Company Ltd
- What
- Received final SEBI approval for its initial public offering (IPO)
- When
- December 1, 2025
- Where
- India
- Why
- To offer up to 49,425,852 equity shares of face value ₹1 each through an offer for sale (OFS) by its promoter, Prudential Corporation Holdings
- Company
- ICICI Prudential Asset Management Company Ltd
- Approval Date
- December 1, 2025
- Regulator
- Securities and Exchange Board of India (SEBI)
- IPO Type
- Offer for Sale (OFS) by Prudential Corporation Holdings
- Current Share Capital
- 17,652,090 shares of ₹1 each
- Post-Bonus Share Capital
- 494,258,520 equity shares of ₹1 each
- Shares Offered
- 49,425,852 equity shares of ₹1 each
- Market Share (QAAUM)
- 13.3% as of March 31, 2025
- Total Mutual Fund QAAUM
- ₹8,79,410 crore as of March 31, 2025
- Revenue (FY25)
- ₹4,977.3 crore
- Net Profit (FY25)
- ₹2,650.6 crore
- IPO Size
- ₹10,000 crore
- Investment Banks
- ICICI Securities, Citigroup, Morgan Stanley, BofA Securities, Nomura, SBI Capital Markets, Goldman Sachs, UBS Securities, among others
- Joint Venture Partners
- ICICI Bank and Prudential Corporation Holdings Limited
- Alternate Businesses
- Portfolio Management Services (PMS), Alternative Investment Funds (AIFs), Advisory Services
Sources
ICICI Prudential AMC IPO gets final SEBI approval
SBI Large Cap vs ICICI Prudential Large Cap: Which fund has delivered better long-term SIP and lump-sum returns?
ICICI Prudential AMC gets Sebi nod for Rs 10,000 Cr IPO
Sebi paves the way for ICICI Pru AMC's IPO
Sebi Clears Rs 10,000 cr IPO of ICICI Prudential AMC
Top Business & Market Headlines Today — BL Morning Report, Dec 1, 2025
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