ICICI Prudential AMC IPO sees full subscription early on Day 2 amid broad-based demand

ICICI Prudential AMC’s IPO reached full subscription early on Day 2, supported by steady QIB demand and a noticeable pickup from non-institutional and shareholder categories.

Live Market Updates

Latest Financial News

neutral
13h ago

ICICI Prudential AMC IPO sees full subscription early on Day 2 amid broad-based demand

ICICI Prudential AMC IPO sees full subscription early on Day 2 amid broad-based demand
Investor participation remained strong in the ICICI Prudential Asset Management Company IPO as the ₹10,603-crore issue achieved full subscription by 10:42 am on the second day of bidding. Consolidated NSE and BSE data showed bids matching the 3.5 crore shares on offer, led by continued interest from qualified institutional buyers. Momentum also improved across non institutional investors and existing shareholders, indicating widening demand beyond anchor participation as the subscription window progresses.