ICICI Prudential AMC Share Price Live: ICICI prudential AMC share began with a bang, with juicy listing premium of 20 percent either in NSE or BSE, but now are undergoing some profit booking heat, and fall slightly as punters cash in gains. The stock which had a blockbuster 10,602 crore IPO is currently trading at around 2,588- 2,600, slightly lower than its debut pop. The long-term reasoning has been advanced mostly by experts who believe that hold for the long term even when the company is valued high to the virtue of its boss level leadership in the Indian mutual fund business.
IPO Listing Discussion and ICICI Prudential AMC Share Price ups & Down
ICICI Prudential AMC had a strong market debut on 19 December, 2025, and opened at 2,600 in NSE, a 20.09% premium, over the upper price band of 2,165, and 2,606 on BSE, which was good at 20.38%. The hype was undeniably real with the has been grey market premium (GMP) soaring to 502-525 before listing indicating 23-24 listing pop. However, by midday, stocks had fallen to 2,588 (0.46) and 2,595 on NSE with profit booking as short-term traders cashed in on quick profits.
The IPO broke all time records, with a total of 39.17 times subscribed: QIBs 123.87x, NII 22.04x, RII 2.53x, and shareholders 9.75x. Post-listing market cap? A hefty ₹1,29,552 crore. It is not a fly by floater but supported by the muscle of ICICI Bank and Prudential which is a global heavy weight.
Financial Muscle: QAAUM, ROE, and Profit Power
ICICI Prudential AMC flexes as India’s top dog in active mutual funds, boasting 13.3% market share in active MF QAAUM as of Sep 30, 2025. Equity QAAUM leads at 13.6% share (₹5,666 billion), while a sub-segment rocks 25.8% (₹1,912 billion, 37.6% CAGR FY23-1HFY26 vs industry 29.5%) [query data]. Total QAAUM grew 33% CAGR, MF QAAUM 33%, equity 39% between FY23-1HFY26.
Profit-wise, it’s the most profitable AMC with 20% operating profit share in FY25, RoE at 82.8% (FY25) and 86.8% annualized (H1FY26) – smoking peers like HDFC AMC (30-32%) and Nippon (29-32%). EBITDA margins? Sector-best 73%, with operating revenue yield 52 bps and margins 37 bps (H1FY26 annualized). Revenue, EBITDA, PAT all juiced up 32-33% CAGR FY23-FY25.
| Key Metrics | ICICI Pru AMC | Peers Avg |
| RoE FY25 | 82.8% | 25-32% |
| Equity QAAUM Share | 13.6% [query] | Lower |
| Op. Margin | 73% [query] | 30-40% |
| P/E FY25 | 40.4x [query] | 30-40x |
Expert Calls: Subscribe, Hold, but Keep an eye on the valuation
Brokerages are long term bullish and are yelling Subscribe long term, thanks to its market leadership, brand swagger, SIP inflows ( 48 bn Sep 2025 23.5 bn Mar 2023) and industry tailwinds such as 16-18% MF CAGR FY25-30. Says PL Capital’s buy, Anand Rathi nods medium-long term. Arun Kejriwal calls it a no-brainer when it comes to asset-light model and AUMpot number two.
But 33.1x H1FY26 or 27-30x P/BV at 40.37x FY25 screams premium – fully priced in [query]. Short-term punters? Book gains after break of 20,700 in longs. AUM-to-GDP of 19.9% FY25 gives room to expand with the boom of financialisation.
| Important Links | Description |
| NSE India | Live ICICI Prudential AMC Share Price, charts |
| BSE India | IPO listing updates |
| Moneycontrol ICICI Pru | Stock quotes, analysis |
| SEBI Mutual Funds | Regs on AMCs, TER [query] |
| Groww ICICI AMC | Buy/sell, GMP tracker |
Risks in the Ring: Regulatory Heat and Volatility
Should not sleep on high regulatory risk SEBI regulators mutual funds, PMS, AIFs. In the past, B-30 incentives were red flagged by past inspections due to glitches and splitting of transactions but there have been no fines recently but a TER tweaks or debit tax hits would hit profits [query]. The market fluctuations move the markets, AUM, and rich valuations imply that there is no room to go wrong.
Diversified combination in terms of equity, debt, hybrid, SIPs, passive is a formula that keeps the cash flows constant though reg changes are overshadowing.
Outlook: A long-term bet on the mutual fund boom
The MF industry in India is under penetrated and the SIP AUM is looking at 25-27% CAGR and demat surge. ICICI Pru ICICI Bank sticky retail, digital push for annuity-like dough. Buy when you run the marathon; sell when looking to buy and sell fast. According to one analyst, it is a long-term play, but a good one with greater efficiency.