ICICI Prudential AMC IPO: GMP ₹340, Bumper Listing Gains Expected

• ICICI Prudential AMC IPO opens December 12-16, with shares priced at ₹2,061 to ₹2,165.
• The IPO is generating significant interest with a Gray Market Premium (GMP) of ₹350, indicating potential bumper earnings.
• Listing for ICICI Prudential AMC, the country's second-largest asset management company, is expected on December 19th.
• This will be the fifth ICICI Group company and the fifth AMC to be listed in India.
• The IPO is purely an Offer for Sale (OFS) by Prudential Corporation Holdings, involving 48.9 million equity shares.

Why It Matters: ICICI Prudential AMC IPO signals potential for quick, substantial investor gains.