ICICI Bank announced that its subsidiary, ICICI Prudential Asset Management Company (AMC), has filed its Red Herring Prospectus (RHP) with the Registrar of Companies for an initial public offering (IPO). The IPO includes up to 48,972,994 equity shares. The offer opens to the public on December 12, 2025, and includes a reservation for eligible ICICI Bank shareholders.
ICICI Prudential AMC’s IPO Plans Advance
ICICI Bank’s subsidiary, ICICI Prudential Asset Management Company (AMC), has officially filed its Red Herring Prospectus (RHP) dated December 5, 2025, for its upcoming initial public offering (IPO). This move marks a significant step towards the company’s listing on the stock exchanges.
Details of the IPO
The IPO consists of an offer for sale of up to 48,972,994 equity shares with a face value of ₹1 each, made by Prudential Corporation Holdings Limited. A portion of these shares, up to 2,448,649 equity shares of ICICI AMC, are reserved for subscription by eligible ICICI Bank shareholders.
Subscription Timeline
The IPO will be open for public subscription starting on Friday, December 12, 2025, and will close on Tuesday, December 16, 2025. The anchor investor bid/offer period will commence on Thursday, December 11, 2025.
Source: BSE