ICICI Prudential AMC IPO GMP 540 Today (16 Oct), Price Band, Subscription Status, Allotment Date

ICICI Prudential AMC IPO Review & Analysis

Our reading of the numbers below — growth rates, margins, pricing and demand are calculated from the company's own filed figures, not copied from anywhere.

ICICI Prudential AMC is a mainboard issue raising ₹10602.65 Crores, offered in a band of ₹2061–₹2165 per share. At the upper end that is 2165 times the ₹1 face value, so ₹2164 of every share subscribed is share premium rather than capital.

A retail application for ICICI Prudential AMC needs one lot of 6 shares, which works out to ₹12,990 at the upper band of ₹2165. That sits comfortably below the ₹15,000 retail lot ceiling, which keeps the entry cost modest for small investors. Retail applications are capped at ₹2,00,000, which here is 15 lots; bidding above that moves the application into the non-institutional category, and the large-HNI bucket begins at ₹10,00,000, or about 77 lots.

For ICICI Prudential AMC, allotment is finalised on 17 Dec 2025, the shares list on 19 Dec 2025.

The issue is reserved 19% to qualified institutional buyers, 14.25% to non-institutional investors, 33.25% to retail. At 33.25%, the retail portion is on the narrower side, so retail allotment turns into a lottery quickly once the book fills. An oversubscribed retail portion is not allotted in proportion to the amount applied for: applications are reduced to single lots and drawn by lot, so several small applications from different PANs are more effective than one large one.

The book is 6x subscribed across all categories. That headline covers institutional, non-institutional and retail bids together, and allotment odds are decided within each category separately — an issue can be heavily subscribed overall while the retail portion is comfortable, or the other way round. An oversubscribed retail book is settled by a draw on single-lot applications, so more distinct PANs help where a bigger single bid does not.

KFin Technologies Pvt. Ltd. is the registrar for this issue, which means the allotment status for ICICI Prudential AMC is published on their portal from 17 Dec 2025. A PAN, application number or demat client ID is enough to look it up; the credited shares also appear in the demat account itself a day or so before listing.

A grey market premium of ₹540 on the upper band of ₹2165 implies a listing gain of roughly 24.9%. The grey market is unofficial and unregulated, the premium can change daily, and it has no bearing on allotment — treat it as a sentiment reading, not a forecast.

The figures above are worked out from the issue's own filed numbers and are for information only. They are not investment advice — read the RHP before you apply.