ICICI Bank’s shares closed at Rs 1,392 on Friday, December 5, 2025, up 0.40% for the session.

ICICI Bank is the second-largest private sector bank in India, featuring a diversified product lineup and an extensive branch and ATM network.

The IPO comprises up to 4.89 crore equity shares of Re 1 each, all sold by Prudential Corporation Holdings, with up to 24.48 lakh shares reserved for eligible ICICI Bank shareholders.

ICICI Prudential Asset Management Company is a major Indian asset manager, handling mutual funds, portfolio management services, and international mandates across equity, debt, and real estate.

ICICI Bank reported Q2 FY26 standalone net profit of Rs 12,358.89 crore, up 5.21% year-on-year, with total income of Rs 49,333.49 crore, up 3.39%.

Ownership of ICICI Prudential Asset Management Company is split with ICICI Bank holding 51% and Prudential Corporation Holdings owning 49%.

The public offer window for the IPO is set from December 12 to December 16, 2025, with the anchor book opening a day earlier on December 11.

ICICI Bank’s subsidiary ICICI Prudential Asset Management Company filed its Red Herring Prospectus for the upcoming IPO with the Registrar of Companies in Delhi and Haryana on December 6, 2025.

As of September 30, 2025, ICICI Prudential AMC manages about Rs 10.87 lakh crore in average quarterly assets under management, serving 1.55 crore investors across 143 mutual fund schemes.

The ICICI group operates across related financial services, including life and general insurance, housing finance, and primary dealership through its various subsidiaries and associates.