IPO Market Wrap: ICICI Prudential AMC IPO Closes at 39.17× Subscription; Allotment & Listing Buzz on Dec 16
The Indian primary market ended the week on a strong note as ICICI Prudential AMC IPO closed with overwhelming institutional demand, while investors tracked allotment probabilities and post-listing action across SME and mainboard IPOs.
ICICI Prudential AMC IPO Dominates Headlines After Massive Closing Day Subscription
The ICICI Prudential AMC IPO emerged as the clear market leader on December 16, 2025, closing with one of the highest subscription figures seen this year for a large-cap mainboard issue.
- Issue Size: ~₹10,600 crore
- Price Band: ₹2,061 – ₹2,165 per share
- IPO Category: Mainboard
- GMP Trend: Stable, reflecting confidence-driven demand rather than speculation
- Key Highlight: Exceptional institutional participation on the final bidding day
Strong demand from long-only institutions and mutual funds has shifted market focus firmly toward allotment outcomes and listing expectations.
“When QIB participation crosses 100×, it reflects strategic allocation demand rather than short-term listing hype.”
📊 Final IPO Subscription Status (At Close)
| Investor Category | Subscription |
|---|---|
| 🟢 Qualified Institutional Buyers (QIB) | 123.87× |
| 🟢 Retail Investors (RII) | 2.53× |
| 🟢 Non-Institutional Investors (NII) | 22.04× |
| ├─ 🟢 BHNI | 25.42× |
| └─ 🟢 SHNI | 15.28× |
| 🟢 Overall Subscription | 39.17× |
Green highlights indicate strong oversubscription momentum.
🎯 Anticipated Allotment Probability (Indicative)
Based on final subscription data, estimated allotment chances are as follows:
-
👤 Retail Investors
• Approx. 2 out of 3 chance -
💼 SHNI (Small HNI)
• Approx. 1 out of 14 chance -
🏦 BHNI (Big HNI)
• Approx. 2 out of 9 chance -
👥 Shareholder Category
• Approx. 9–10 shares for investors who applied for 90 shares
Allotment probabilities are indicative, based on subscription data.
Track updates on IPO Allotment Status.
Listing & SME IPO Updates Investors Are Tracking
- Corona Remedies IPO: Recently listed and now under active post-listing tracking after a strong debut, keeping pharma IPO sentiment positive.
- Helloji Holidays SME IPO: Allotment process ongoing on the BSE SME platform with moderate retail response.
- Methodhub Software SME IPO: Trading remains range-bound, reflecting selective investor appetite in SME counters.
Market Context (Short)
| Indicator | Status |
|---|---|
| IPO Sentiment | Positive |
| GMP Trend | Stable |
| Retail Participation | Selective |
| Institutional Demand | Very Strong |
What Should IPO Investors Watch Next?
- ICICI Prudential AMC allotment announcement
- Refund initiation and demat credit timelines
- Listing-day volatility and price discovery
- Daily GMP movement on Live IPO GMP Today
Useful IPO Links & Resources
Disclaimer: IPO investments are subject to market risks. GMP is an unofficial indicator and should not be considered financial advice.