neutral
15h agoICICI Prudential AMC IPO gathers momentum on Day 2 as GMP and subscriptions rise
Bidding for the ICICI Prudential AMC IPO picked up pace on Day 2, supported by strong institutional interest and a sharp jump in grey market premium. By late morning, the issue was subscribed over one time, with QIB and NII segments leading demand. The ₹10,602.65 crore offer for sale carries a price band of ₹2,061–₹2,165 per share. Brokerages broadly recommend subscribing, citing profitability, market leadership, and reasonable valuations for medium- to long-term investors.
Explore:High Return Equity Mutual Fund
neutral
15h agoICICI Prudential AMC IPO gathers momentum on Day 2 as GMP and subscriptions rise
Bidding for the ICICI Prudential AMC IPO picked up pace on Day 2, supported by strong institutional interest and a sharp jump in grey market premium. By late morning, the issue was subscribed over one time, with QIB and NII segments leading demand. The ₹10,602.65 crore offer for sale carries a price band of ₹2,061–₹2,165 per share. Brokerages broadly recommend subscribing, citing profitability, market leadership, and reasonable valuations for medium- to long-term investors.
Explore:High Return Equity Mutual Fund
1 min read
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ICICI Prudential AMC’s IPO saw improving demand on Day 2, with higher GMP and strong institutional interest supporting a broadly positive medium- to long-term outlook.
Bidding for the ICICI Prudential AMC IPO picked up pace on Day 2, supported by strong institutional interest and a sharp jump in grey market premium. By late morning, the issue was subscribed over one time, with QIB and NII segments leading demand. The ₹10,602.65 crore offer for sale carries a price band of ₹2,061–₹2,165 per share. Brokerages broadly recommend subscribing, citing profitability, market leadership, and reasonable valuations for medium- to long-term investors.
Bidding for the ICICI Prudential AMC IPO picked up pace on Day 2, supported by strong institutional interest and a sharp jump in grey market premium. By late morning, the issue was subscribed over one time, with QIB and NII segments leading demand. The ₹10,602.65 crore offer for sale carries a price band of ₹2,061–₹2,165 per share. Brokerages broadly recommend subscribing, citing profitability, market leadership, and reasonable valuations for medium- to long-term investors.
Dec 15, 2025 • 06:37