New Delhi, Dec. 7 -- ICICI Prudential AMC is all set to launch its initial public offering (IPO) on Friday, December 12. The mainboard IPO will remain for bidding on December 16.

The ICICI Bank subsidiary announced the price band of Rs.2,061 to Rs.2,165 per equity share, with a face value of Rs.1 for its upcoming IPO.

ICICI AMC has announced that the minimum IPO bid size will be 6 shares, with investors allowed to bid in multiples of 6. The company's first public issue will close on December 16, while anchor investor bidding is scheduled for December 11, as per the red herring prospectus.

The IPO consists entirely of an offer for sale (OFS) of 4.89 crore shares by its promoter, UK-based Prudential Corporation Holdings. Since it is a pu...