
ICICI Prudential Asset Management Company Limited is India's largest asset management company by active mutual fund quarterly average assets under management (QAAUM), with a market share of 13.3% as of September 30, 2025. The company manages a total mutual fund QAAUM of ₹10,147.6 billion and serves a base of 15.5 million customers. A joint venture between ICICI Bank and Prudential Corporation Holdings Limited, it offers a diversified portfolio of 143 mutual fund schemes across equity, debt, and passive categories, alongside a growing alternates business in Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs). The company leverages a multi-channel distribution network, including 272 offices and the extensive branch network of ICICI Bank, complemented by strong digital platforms.
Dec 12, 2025
Dec 16, 2025
Dec 19, 2025
Mainboard
Open
10602.65 Cr
0 Cr
10602.65 Cr
₹2061 - ₹2165
6
The Company will not receive any proceeds from the Offer as it is entirely an Offer for Sale by the Promoter Selling Shareholder. The objectives of the Offer are to:
Allow the Promoter Selling Shareholder, Prudential Corporation Holdings Limited, to sell up to 48,972,994 Equity Shares and achieve a partial divestment of its investment.
Achieve the benefits of listing the Equity Shares on the Stock Exchanges, which is expected to enhance the company's visibility and brand image, and provide liquidity to the existing shareholders.
40.37
53.63
82.8%
82.8%
82.8%
—
82.8%
82.8%
30.41
Largest asset management company in India in terms of active mutual fund and equity-oriented schemes AUM.
Largest individual investor franchise in India, providing a stable and high-margin asset base.
Extensive and diversified product portfolio with 143 mutual fund schemes across various asset classes.
Pan-India, multi-channel distribution network supported by a large salesforce and strong digital presence.
High dependence on the performance of Indian capital markets, making revenues susceptible to market volatility.
Revenue is predominantly concentrated on management fees, which are directly linked to the value of AUM.
Inability to trace certain historical corporate records, which may pose potential compliance or legal risks.
Operations are highly dependent on the brand reputation and distribution network of its promoters, ICICI Bank and Prudential.
Low mutual fund penetration in India offers significant potential for expanding the customer base.
Rising per capita income and a growing trend of shifting household savings from physical to financial assets.
Expanding the Alternates business, including PMS and AIF, to cater to high-net-worth individuals.
Increasing digital adoption and partnerships with fintech platforms to enhance reach and customer acquisition.
Intense competition from other AMCs, banks, insurance companies, and alternative investment products.
Changes in SEBI regulations or other government policies could adversely impact business operations and profitability.
Macroeconomic slowdowns or political instability in India could reduce investor confidence and AUM.
Fluctuations in currency exchange rates may adversely affect foreign investments and the value of equity shares for overseas investors.