Dec 19, 2025 Languages : English | ಕನ್ನಡ

ICICI Prudential AMC IPO Listing Tomorrow: Latest GMP & Price Prediction

Shares of ICICI Prudential Asset Management Company (AMC) are all set to debut on the stock exchanges tomorrow, Friday, December 19, 2025. Following a massive subscription of nearly 40 times, investors are eagerly waiting to see if the mutual fund giant can break the "listing jinx" often associated with some previous ICICI group debuts.

ICICI Prudential AMC IPO
ICICI Prudential AMC IPO

As of Thursday evening, the Grey Market Premium (GMP) for ICICI Prudential AMC has surged to its highest levels yet. Market trackers report a GMP in the range of ₹440 to ₹455, which is a significant jump from earlier in the week.

Expected Listing Price

Based on the upper price band of ₹2,165 and the latest grey market activity:

  • Estimated Listing Price: ₹2,605 to ₹2,620
  • Potential Listing Gain: 20% to 21%

Analysts suggest that while the grey market is an unofficial indicator, the sheer volume of bids—totaling nearly ₹3 lakh crore—underscores a high level of institutional and retail confidence.

Key IPO Highlights

Feature Details
IPO Size ₹10,602.65 Crore (Pure Offer for Sale)
Issue Price ₹2,165 per share
Total Subscription 39.17 Times
QIB Subscription 123.87 Times
Listing Date Friday, December 19, 2025

What Should Investors Do?

Brokerage firm PL Capital recently initiated coverage on the stock with a 'Buy' rating and a target price of ₹3,000, implying a 39% upside from the issue price.

  • For Allottees: Given the company's position as India's largest active asset manager and its high Return on Equity (over 80%), many experts suggest holding the stock for the long term rather than just booking listing gains.
  • For Non-Allottees: If the stock lists at a heavy premium, it might be wise to wait for a cooling-off period or minor consolidation before making a fresh entry.