ICICI Prudential AMC Shares Set for Rocket Launch on Dec 19 Listing

• ICICI Prudential AMC shares are set to list on December 19, with analysts predicting a strong surge.
• PL Capital Institutional Equities recommends buying, setting a target price of ₹3,000, indicating a potential 39% rise.
• The IPO was oversubscribed 39 times, with a price band of ₹2,061-₹2,165 per share.
• The company boasts a strong distribution network via ICICI Bank, diversified portfolio (135+ schemes), and superior returns.
• Valued at 27x at the upper price band, offering a 17% discount compared to HDFC AMC.

Why It Matters: ICICI Prudential AMC's strong IPO and fundamentals suggest a promising market debut.