ICICI Prudential AMC IPO GMP Climbs, Rs 10,603 Cr Issue Sees Strong Subscription

• ICICI Prudential AMC's Rs 10,603-crore IPO opened for public subscription.
• Grey Market Premium (GMP) for ICICI Pru AMC shares saw a marginal rise, ranging between 7-9 percent.
• The IPO received 11% overall subscription by midday, with retail at 14% and NII at 17%.
• The issue is open from December 12 to December 16, with listing expected on December 19.
• The price band is Rs 2,061–2,165 per share, valuing the company at around Rs 1.07 lakh crore.

Why It Matters: It signals potential investment opportunity in the ICICI Prudential AMC IPO.