ICICI Bank announced details regarding the initial public offering (IPO) of its subsidiary, ICICI Prudential Asset Management Company (AMC). The offering includes a reservation of up to 2,448,649 equity shares for eligible ICICI Bank shareholders as of December 5, 2025. The IPO opens on December 12, 2025, and closes on December 16, 2025, with a price band between ₹2,061 and ₹2,165 per share.
IPO Reservation Details for Shareholders
ICICI Bank has announced key details regarding the upcoming Initial Public Offering (IPO) of ICICI Prudential Asset Management Company (AMC). A portion of the IPO is reserved for eligible ICICI Bank shareholders.
Up to 2,448,649 equity shares have been reserved for individuals and Hindu Undivided Families who were shareholders of ICICI Bank as of December 5, 2025.
Key Dates and Pricing
The IPO is scheduled to open for bidding on Friday, December 12, 2025, and will close on Tuesday, December 16, 2025. The price band for the IPO has been fixed between ₹2,061 and ₹2,165 per equity share.
Application Details
Eligible ICICI Bank shareholders can bid for a minimum of 6 equity shares, and in multiples of 6 shares thereafter. The total bid amount should not exceed ₹200,000.
Bidding Options
Shareholders can participate either through electronic application or by submitting a physical Bid-cum-Application Form. Forms will be available for download on stock exchange websites and from designated intermediaries.
Shareholder Categories
The following table outlines the number of shares and total amounts for different bidding scenarios:
| Category | No. of Equity Shares | Total Amount |
|---|---|---|
| ICICI Bank Shareholders Reservation Portion | Minimum: 6 Equity Shares | ₹2,165 x 6 Equity Shares = ₹12,990 |
| Maximum: 90 Equity Shares | ₹2,165 x 90 Equity Shares = ₹194,850 | |
| Retail Portion | Minimum: 6 Equity Shares | ₹2,165 x 6 Equity Shares = ₹12,990 |
| Maximum: 90 Equity Shares | ₹2,165 x 90 Equity Shares = ₹194,850 | |
| Non-Institutional Portion | Minimum: 96 Equity Shares | ₹2,165 x 96 Equity Shares = ₹207,840 |
| Maximum: Such number of Equity Shares in multiples of 6 Equity Shares so that the Bid does not exceed the size of the Net Offer (excluding the QIB Portion). |
Source: BSE
