ICICI Prudential Asset Management Company IPO makes a stellar debut on the exchange; closes at massive 19.5% premium

Mumbai, December 19, 2025: Shares of ICICI Prudential Asset Management Company, which is the largest asset management company in India by active mutual fund quarterly average assets under management (QAAUM) with a market share of 13.3% as of September 30, 2025, made a stellar debut on the exchanges with listing premium at about 21% and the scrip closed at 19.5% premium.

The script listed at Rs 2,606.2 and Rs 2,600 per share on the BSE and NSE respectively. Immediately after the listing, the stock showed impressive upside movement and closed the day with a premium. The company’s share price closed at Rs 2,586.7 per share on the BSE, a 19.5% premium, and at Rs 2,576 per share on the NSE, a 19% premium.

As per NSE, the total quantity traded stood at 314.2 lakh shares, on BSE the total Quantity stood at 36.3 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 9,150.5 crore.

The market capitalisation of the Company at today’s closing price stood at Rs 1.27 lakh crore as per BSE and Rs 1.27 lakh crore as per NSE.

The company had offered Rs ₹10,602.65 crore issue for subscription from December 12 to December 16. This garnered substantial interest, and the offer was subscribed nearly 39.17 times. Qualified Institutional Investors Portion and Non-institutional investor portion were subscribed 123.87 times and 22.04 times respectively. Retail Investors Portion was subscribed 2.53 times.

The company is the largest asset management company in India by active mutual fund quarterly average assets under management (QAAUM), with a market share of 13.3% as of September 30, 2025, according to a CRISIL report. Its total mutual fund QAAUM stood at ₹10,147.6 billion as of the same date.

The company also ranks as the largest asset management company in equity and equity-oriented mutual funds, commanding a market share of 13.6% as of September 30, 2025. Further, its equity-oriented hybrid schemes have consistently held the highest market share in India as of March 31, 2023, 2024 and 2025, and September 30, 2025. As of September 30, 2025, the company led the industry in equity-oriented hybrid QAAUM with a market share of 25.8%.

Additionally, as of September 30, 2025, the company’s mutual fund monthly average assets under management (MAAUM) attributable to individual investors—including retail investors and high-net-worth individuals—amounted to ₹6,610.3 billion, representing the highest individual investor MAAUM in the Indian mutual fund industry with a market share of 13.7%.

ICICI Securities, Citigroup Global Markets India, Morgan Stanley India Company, BofA Securities India, Axis Capital, CLSA India, IIFL Capital Services, Kotak Mahindra Capital Company, Nomura Financial Advisory and Securities (India), SBI Capital Markets, Goldman Sachs (India) Securities, Avendus Capital, BNP Paribas, HDFC Bank, JM Financial, Motilal Investment Advisors, Nuvama Wealth Management and UBS Securities India  are the book-running lead manager; and KFin Technologies Limited is the registrar of the offer.