ICICI Prudential AMC IPO 72% Subscribed on Day 1

• ICICI Prudential AMC IPO subscribed 72% on its first day, December 12.
• The IPO received bids for over 2.53 crore shares against 3.50 crore shares on offer.
• Qualified institutional buyers subscribed 1.97 times, while non-institutional and retail investors subscribed 37% and 21% respectively.
• ICICI Prudential AMC raised Rs 3,022 crore from anchor investors before the IPO.
• The IPO is an offer-for-sale by Prudential Corporation Holdings, with a price band of Rs 2,061 to Rs 2,165 per share.

Why It Matters: This IPO's subscription reveals market appetite for a new, large financial listing.