New Delhi, Dec. 12 -- ICICI Prudential AMC IPO Day 1: The initial public offering (IPO) of ICICI Prudential AMC has opened today and will remain open for bidders until December 16, 2025. The asset management company (AMC) has declared the ICICI Prudential AMC IPO price band to be Rs.2061 to Rs.2165 per share. The AMC aims to raise Rs.10,602.65 crore from this public issue, which is entirely an Offer for Sale (OFS). This means that the net proceeds of the ICICI Prudential AMC IPO will not be reflected in the company's balance sheet, but will instead go into the pockets of the promoters who are offloading their shareholding through this public offer.

Meanwhile, ahead of the ICICI Prudential AMC IPO opening, shares of the company are availa...