Mumbai, December 15:
The Initial Public Offering (IPO) of ICICI Prudential Asset Management Company (AMC) entered its second day on Monday, attracting strong investor attention. The IPO is priced within a band of ₹760-₹800 per share, with a grey market premium (GMP) currently reflecting healthy demand in secondary markets.
Market analysts said the issue has generated significant interest among retail and institutional investors due to the company’s strong market presence and consistent performance in the mutual fund segment. Investors are closely watching subscription trends and allotment prospects, while experts believe the IPO could set the tone for the broader financial services sector in the coming weeks.
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