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Shares of ICICI Prudential AMC Ltd. will be making their stock market debut on Friday, December 19.
The three-day, ₹10,602 crore IPO received healthy subscription, led by institutional investors, and existing shareholders of ICICI Bank.
At the conclusion of the three-day bidding process, the IPO received bids for over ₹3 lakh crore. This made ICICI Prudential AMC the second-most bid for Indian IPO in 2025, following LG Electronics India, which is also the most bid Indian IPO on record. LG Electronics had garnered bids worth ₹4.4 lakh crore.
Overall, ICICI Prudential AMC has become the fourth-most bid for Indian IPO, after LG Electronics India, Bajaj Housing Finance, and Reliance Power.
2025 has seen five IPOs which have seen bids in excess of ₹1 lakh crore. This includes Tenneco Clean Air, HDB Financial Services, and Anthem Biosciences, other than the two names highlighted earlier. Here's a look at how the other five stocks have fared so far after their listing:
India's most bid for IPO, LG Electronics India received bids worth ₹4.4 lakh crore after its three-day IPO saw subscription of 54 times the shares on offer.
The stock made a strong debut at ₹1,715, in comparison to its issue price of ₹1,140. However, after a 48% advance on its listing debut and after making a post-listing high of ₹1,789, the stock has been in a downtrend.
Shares are down 13% from the post-listing high levels and are trading below their listing price. However, they still remain 33% above their IPO price.
Its been over a month to the listing of Tenneco Clean Air, with its ₹3,600 crore IPO seeing bids worth ₹1.57 lakh crore, becoming the second-most bid for IPO of 2025. The IPO saw overall subscription of 61.79 times.
The stock listed at a premium to its issue price, made a post-listing high of ₹517, but is down 10% from those levels.
Shares continue to remain 17% above their issue price of ₹397 apiece.
The issue saw subscription of over 16.6 times, with investors placing bids for ₹1.6 lakh crore, compared to the overall issue size of ₹12,500 crore.
Shares made their stock market debut at a marginal premium compared to their issue price, made a post-listing high of ₹891, but have struggled since.
As of Thursday's close, the stock continues to trade around its IPO price of ₹740, even making a post-listing low of ₹705 apiece before a small recovery.
Anthem Biosciences' IPO saw overall subscription of over 60 times the total number of shares on offer. Bids worth ₹1.6 lakh crore were also placed during the three-day IPO, which was worth ₹3,395 crore.
The stock listed above its IPO price of ₹570 per share, and has managed to sustain above those levels.
However, after making a post-listing high of ₹873, the stock is down 22% from those levels.
The three-day, ₹10,602 crore IPO received healthy subscription, led by institutional investors, and existing shareholders of ICICI Bank.
At the conclusion of the three-day bidding process, the IPO received bids for over ₹3 lakh crore. This made ICICI Prudential AMC the second-most bid for Indian IPO in 2025, following LG Electronics India, which is also the most bid Indian IPO on record. LG Electronics had garnered bids worth ₹4.4 lakh crore.
Overall, ICICI Prudential AMC has become the fourth-most bid for Indian IPO, after LG Electronics India, Bajaj Housing Finance, and Reliance Power.
2025 has seen five IPOs which have seen bids in excess of ₹1 lakh crore. This includes Tenneco Clean Air, HDB Financial Services, and Anthem Biosciences, other than the two names highlighted earlier. Here's a look at how the other five stocks have fared so far after their listing:
LG Electronics India
India's most bid for IPO, LG Electronics India received bids worth ₹4.4 lakh crore after its three-day IPO saw subscription of 54 times the shares on offer.
The stock made a strong debut at ₹1,715, in comparison to its issue price of ₹1,140. However, after a 48% advance on its listing debut and after making a post-listing high of ₹1,789, the stock has been in a downtrend.
Shares are down 13% from the post-listing high levels and are trading below their listing price. However, they still remain 33% above their IPO price.
Tenneco Clean Air
Its been over a month to the listing of Tenneco Clean Air, with its ₹3,600 crore IPO seeing bids worth ₹1.57 lakh crore, becoming the second-most bid for IPO of 2025. The IPO saw overall subscription of 61.79 times.
The stock listed at a premium to its issue price, made a post-listing high of ₹517, but is down 10% from those levels.
Shares continue to remain 17% above their issue price of ₹397 apiece.
HDB Financial Services
The issue saw subscription of over 16.6 times, with investors placing bids for ₹1.6 lakh crore, compared to the overall issue size of ₹12,500 crore.
Shares made their stock market debut at a marginal premium compared to their issue price, made a post-listing high of ₹891, but have struggled since.
As of Thursday's close, the stock continues to trade around its IPO price of ₹740, even making a post-listing low of ₹705 apiece before a small recovery.
Anthem Biosciences
Anthem Biosciences' IPO saw overall subscription of over 60 times the total number of shares on offer. Bids worth ₹1.6 lakh crore were also placed during the three-day IPO, which was worth ₹3,395 crore.
The stock listed above its IPO price of ₹570 per share, and has managed to sustain above those levels.
However, after making a post-listing high of ₹873, the stock is down 22% from those levels.
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