Archive · 16 Jan 2026
ICICI Prudential AMC Shares Unlock Amid Market Activity
ICICI Prudential AMC is a company that helps people manage their money.
On January 16, 7 million of its shares, worth about ₹1,910 crore, will be freed to trade.
This is because a rule says that after a month, people who bought shares in the company's initial public offering (IPO) can sell them.
The shares are currently worth more than when they were first sold.
Meanwhile, the Life Insurance Corporation of India (LIC) has sold some of its shares in ICICI Bank, reducing its ownership.
ICICI Bank is getting ready to announce its quarterly results on January 17.
Experts think the bank will do well, with steady loan growth and good performance in managing its money.
The stock market is watching these events closely.
7 million shares of ICICI Prudential AMC, worth ₹1,910 crore, will unlock on January 16, representing nearly 1% of the company's outstanding equity.
The stock is currently trading 26% above its IPO price of ₹2,165, with brokerages recommending positive outlooks and target prices ranging from ₹2,900 to ₹3,181.
LIC reduced its stake in ICICI Bank from 6.737% to 4.731% by selling 12.70 crore shares ahead of ICICI Bank's Q3 earnings report on January 17.
ICICI Bank's Q3 results are expected to show steady profit growth, supported by healthy core banking performance and robust loan growth.
ICICI Bank shares have been volatile but remain above their recent breakout levels, with key support and resistance levels identified by analysts.
- Who
- ICICI Prudential Asset Management Company, Life Insurance Corporation of India (LIC), ICICI Bank
- What
- Unlocking of 7 million shares worth ₹1,910 crore and LIC reducing stake in ICICI Bank
- When
- January 16 (share unlocking), January 17 (Q3 results)
- Where
- India
- Why
- End of one-month shareholder lock-in period and strategic divestment by LIC
- Company
- ICICI Prudential Asset Management Company
- Shares Unlocking
- 7 million
- Percentage of Outstanding Equity
- 1%
- Value of Unlocking Shares
- ₹1,910 crore
- Current Stock Price
- ₹2,729
- IPO Price
- ₹2,165
- Market Capitalization
- ₹1.12 lakh crore
- Listing Premium
- 20.09%
- LIC Stake Reduction
- From 6.737% to 4.731%
- ICICI Bank Q3 Results
- Expected January 17
Sources
ICICI Prudential AMC will be in focus on January 16 as ₹1,910 crore worth shares set to unlock
HDFC AMC share price jumps 4.5% on strong Q3 results 2026. Should you buy, sell or hold?
HDFC Bank, ICICI Bank to report steady Q3 on firm loan growth, recovery in margins
