The ICICI Prudential Asset Management Company (AMC) IPO has closed with a strong response, and investors can now check whether they have received shares. The allotment process is scheduled for Wednesday, December 17, following the close of bidding on Tuesday. Applicants can verify their allotment status online through the BSE, NSE, or the issue registrar, KFin Technologies.

The mainboard IPO was subscribed 39.17 times overall, after a relatively muted response in the first two days. It drew bids worth more than ₹3 lakh crore, making it the fourth IPO in India to cross this mark.

As per NSE data, the ₹10,602.65-crore book-building issue received bids for over 137.14 crore shares against 3.5 crore shares on offer. The retail segment was subscribed 2.53 times, while Qualified Institutional Buyers subscribed 123.87 times. The Non-Institutional Investors’ portion was booked 22.04 times.

Allotment, refunds and listing timeline

  • IPO allotment date: Wednesday, December 17
  • Demat credit and refunds: Thursday, December 18
  • Listing on NSE and BSE: Friday, December 19
  • Shares will be credited to the Demat accounts of successful applicants on December 18. Refunds to non-allottees will also be processed on the same day.

How to check ICICI Prudential AMC IPO allotment on NSE

  1. Visit the NSE IPO allotment page
  2. Choose Equity & SME IPO bid details
  3. Select the symbol ICICIAMC from the dropdown
  4. Enter your PAN number and application number
  5. Submit to view the status

How to check allotment status on BSE

  1. Go to the BSE allotment status page
  2. Select issue type as Equity
  3. Choose ICICI Prudential AMC from the issue name list
  4. Enter your application number or PAN
  5. Confirm the verification step and proceed

How to check allotment through KFin Technologies

  1. Open the KFin Technologies IPO status page
  2. Select ICICI Prudential Asset Management Company Ltd under ‘Select IPO’
  3. Enter your Demat account number, PAN, or IPO application number
  4. Submit the details to view the allotment status

Key IPO details at a glance

Issue size: ₹10,602.65 crore

Structure: Entirely offer for sale of 4.9 crore shares

Fresh issue: None; proceeds go to the selling shareholder

Price band: ₹2,061 to ₹2,165 per share

Lot size: Six shares

Minimum retail investment: ₹12,990

About the company

Incorporated in 1993, ICICI Prudential AMC is a joint venture between the ICICI Group and UK-based Prudential Plc. The company provides portfolio management services, Alternative Investment Funds, and advisory services to offshore clients. After listing, it will become the fifth asset management company to be listed in India.