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CNBC Awaaz16-12-2025, 08:31

ICICI AMC IPO Final Day: Bidding Closes, ₹280-₹300 Profit Expected Per Share

  • ICICI Prudential AMC IPO's final bidding day is December 16, with an expected profit of ₹280-₹300 per share.
  • The ₹10,602 crore IPO was fully subscribed on Day 2, reaching 2.11 times overall subscription.
  • NIIs subscribed 3.79 times, QIBs 2.91 times, and existing ICICI Bank shareholders 2.84 times.
  • Retail investor participation remains cautious at 83% subscription, with 35% of the IPO reserved for them.
  • Grey Market Premium (GMP) is ₹280-₹300, though listing price may vary; over ₹3,000 crore raised from anchor investors.

Why It Matters: ICICI AMC IPO closes today, showing strong overall subscription and potential ₹280-₹300 profit per share.

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