ICICI Prudential AMC IPO Opens; ₹3022 Cr From Anchors, Madhusudan Kela & Others Invest

Business
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Moneycontrol•12-12-2025, 11:01
ICICI Prudential AMC IPO Opens; ₹3022 Cr From Anchors, Madhusudan Kela & Others Invest
- •ICICI Prudential AMC's IPO opened on December 12, closing on December 16.
- •The company raised ₹3022 crore from 149 anchor investors before the IPO.
- •It also secured ₹4815 crore from 26 investors in a private placement round at ₹2165 per share.
- •Notable investors like Madhusudan Kela, Prashant Jain, and Kedara Capital participated in the pre-IPO rounds.
- •The IPO is valued at ₹10,602.65 crore, with a price band of ₹2061-2165 per share, and will list on December 19.
Why It Matters: Major investors' heavy backing of ICICI Prudential AMC IPO signals market confidence.
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