New Delhi, Dec. 19 -- ICICI Prudential AMC share price made a stellar debut in the Indian stock market today, December 19, in line with the upbeat expectations set by its record-breaking subscription and grey market buzz. ICICI Prudential AMC share price was listed on Friday at Rs.2,600 apiece on NSE, a 20% premium to its issue price of Rs.2,165. On the BSE, the stock began trading at Rs.2,606.20, marking a 20.38% rally from the issue price.

This strong listing stands in line with the strong momentum indicated by the grey market premium (GMP). The IPO's GMP had climbed to Rs.520 per share, implying an estimated listing price near Rs.2,685, or a 24% premium over the upper end of the price band.

With its market debut, ICICI Prudential AMC...