ICICI Prudential AMC IPO oversubscribed 1.42x on Day 2

• ICICI Prudential AMC IPO fully subscribed on Day 2, achieving 1.42 times subscription.
• The IPO received bids for 4,97,60,868 shares against 3,50,15,691 shares on offer.
• Non-institutional investors subscribed 2.32 times, QIBs 2.04 times, and Retail Individual Investors 61%.
• The company raised Rs 3,022 crore from anchor investors.
• 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 full subscription reflects strong investor confidence.