ICICI Prudential AMC IPO GMP: Rs 10,603-crore IPO subscribed 72% on Day 1 – Check GMP, price band and more

“The Indian equity markets in India achieved record levels in terms of market capitalization of listed companies and the benchmark index performance. As of September 2025, India’s market capitalisation stood at Rs. 449 trillion, driven by positive sentiments and robust growth in equity and IPO listings and rising foreign investments. The Indian mutual fund industry has seen strong growth in recent years, supported by a robust domestic economy, steady inflows, and increasing participation from individual investors. Growth has been led by the equity segment, with QAAUM rising from Rs 24.5 trillion in March 2019 to Rs 67.4 trillion in March 2025, reflecting an 18.4% CAGR, and reaching Rs 77.1 trillion by September 2025. PMS are usually focused on customized discretionary, non-discretionary or advisory service offerings tailored to meet specific investment objectives through portfolio management services for stocks, cash, fixed income, debt, structured products and other individual securities. As on March 2025, the closing AUM of PMS asset managers stood at approximately Rs. 37.8 trillion, reflecting a CAGR of 15.4% over the last nine years. Alternative assets include equity, private equity, private debt (dealing mainly in performing credit, distressed assets, real estate credit, and infrastructure funds), early-stage ventures, special opportunity funds, and art. The AUM for alternative investments in India is expected to grow at 31-33% between March 2025 and March 2030 and reach Rs 53 – 56 trillion by March 2030. With a comprehensive suite of mutual fund offerings, growing alternates business, and leadership in equity-oriented and hybrid segments, ICICI Prudential AMC is well-positioned to capitalize on the continued expansion of India’s equity markets , and sustain its dominance through scale, brand strength, and operational excellence. Investors may consider the IPO as a potential long-term investment opportunity,” said Master Capital Services.