ICICI Prudential AMC IPO crosses 50% subscription on Day 1

ICICI Prudential AMC’s ₹10,600 crore IPO crossed 50% subscription on Day 1 after strong anchor participation.

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3 days ago

ICICI Prudential AMC IPO crosses 50% subscription on Day 1

ICICI Prudential AMC IPO crosses 50% subscription on Day 1
ICICI Prudential AMC’s ₹10,600 crore IPO was over 50% subscribed on Day 1, supported by anchor investments exceeding ₹3,000 crore from 149 institutions. The offer values the asset manager among India’s largest listed AMCs, with assets under management above ₹7.5 lakh crore. Subscription trends will be tracked across investor categories as the issue remains open.
Companies:
  • ICICI Prudential AMC
Tags:
  • ipo
  • mutual_funds