HomeIndian MarketsIPO AnalysisICICI Prudential AMC IPO Day 3 GMP Live: 10.29x Subscription Indicates Strong...

ICICI Prudential AMC IPO Day 3 GMP Live: 10.29x Subscription Indicates Strong Institutional Demand

Summary

ICICI Prudential AMC’s Initial Public Offering (IPO) has received a remarkable response on Day 3, with a subscription rate of 10.29 times. Institutional investors continue to show strong interest, signaling confidence in the company’s growth potential.

Key Points:

  • IPO subscription crossed 10.29 times on Day 3

  • Strong participation from institutional investors

  • Indicates robust demand ahead of listing

  • ICICI Prudential AMC expected to be a major player in the asset management sector

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