New Delhi, Dec. 18 -- ICICI Prudential Asset Management Company (AMC) is set to make its stock market debut on Indian bourses on December 19. With this listing, the ICICI Bank-backed firm will become the fifth group company to go public, joining ICICI Bank, ICICI Prudential Life Insurance, ICICI Lombard General Insurance, and ICICI Securities.

Unlike the group's last three listings, which saw muted debuts, ICICI Prudential AMC is widely expected to buck the trend. Marking the ICICI group's first IPO in eight years, the issue attracted bids worth nearly Rs.3 lakh crore, making it the fourth most-subscribed IPO in India's capital market.

Prior to this, the three group companies, ICICI Prudential Life Insurance, ICICI Lombard General Insur...