ICICI Pru AMC IPO Opens Friday

IPO Subscription Dates
 
ICICI Prudential AMC IPO opens for public subscription on December 12 and closes on December 16. Anchor investors bid on December 11

Price Band & Valuation
 
The Rs 10,603 crore IPO is priced at Rs 2,061-2,165 per share, valuing the company at around Rs 1.07 lakh crore

Grey Market Buzz

ICICI Pru AMC shares are trading at a grey market premium of 5-6%, signaling a potential listing gain. Investorgain quotes Rs 114/share (+5.27%)

IPO Structure

The IPO is an Offer-for-Sale of 4.89 crore shares by UK-based Prudential Corporation Holdings. No fresh issue is involved

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