The shares of ICICI Prudential AMC IPO are fetching a high premium in the grey market ahead of Friday's listing, indicating a 21% listing pop.
IPO listing of ICICI Prudential AMC: Investors are now getting ready for tomorrow's listing of the ICICI Prudential AMC IPO on the Indian stock market following the successful allocation on Wednesday. On Friday, December 19, ICICI Prudential IPO shares are scheduled to debut on the NSE and BSE stock exchanges.
The AMC company attracted bids of ₹3 lakh crore over the three-day subscription period, making it the fourth most subscribed Indian IPO in Dalal Street's history. The first share sale was intended to generate ₹10,602 crore for the company.
Today's ICICI Prudential AMC IPO GMP
ICICI Prudential AMC IPO shares are fetching a high premium on the grey market ahead of Friday's listing, suggesting a successful stock market debut.
ICICI Prudential AMC IPO shares are presently trading at a premium of ₹454 on the gray market, according to Investorgain. This indicates that the ICICI Prudential AMC IPO's GMP is +454.
ICICI Prudential AMC shares are expected to list for ₹2619, which is 21% more than the ₹2165 IPO price.
Investors' willingness to pay more than the issue price is shown by the "grey market premium."
Details of the ICICI Prudential AMC IPO
Prudential Corporation Holdings sold up to 48,972,994 equity shares during the IPO, which was fully an offer for sale (OFS). The lot size was six shares, and the price range was fixed at ₹2,061–₹2,165 per share. The bidding period for the issue was from Friday, December 12, to Tuesday, December 16, 2025.
The issue closed 39.17 times subscribed overall, indicating a strong reaction from investors. Qualified institutional buyers (QIBs) drove demand with 123.87 subscriptions, followed by non-institutional investors (NIIs) with 22.04 and individual investors with 2.53.
On Wednesday, December 17, the allocation basis was finalized. The corporation won't get any money from the offering because it was a pure OFS.
The issue's registrar is Kfin Technologies. Citigroup Global Markets India, ICICI Securities, Morgan Stanley India Company, Goldman Sachs (India) Securities, BofA Securities India, Avendus Capital, Axis Capital, BNP Paribas, CLSA India, HDFC Bank, IIFL Capital Services, JM Financial, Kotak Mahindra Capital Company, Motilal Oswal Investment Advisors, Nomura Financial Advisory and Securities (India), Nuvama Wealth Management, SBI Capital Markets, and UBS Securities India are among the book-running lead managers.
0 Comments