New Delhi, Dec. 17 -- Investor attention turned sharply to ICICI Prudential Asset Management Company Ltd on Tuesday as the allotment for its blockbuster initial public offering (IPO) was finalised.
The Rs.10,600 crore issue, which ran from December 12 to December 16, has become one of India's most hotly contested public offers, drawing nearly Rs.3 lakh crore in bids through 55 lakh applications, the highest for any IPO in 2025. The magnitude of demand positions the ICICI Prudential AMC IPO as the fourth-largest subscription amount in India's market history, underscoring the company's formidable position in the country's fast-expanding asset-management sector.
On the final day of bidding, the IPO was subscribed 39.17 times, bolstered ove...
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