Tuesday, October 13, 2026

ICICI Prudential AMC shares worth nearly ₹1.2 lakh crore free up as lock-in ends

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Shares of ICICI Prudential Asset Management Company Ltd. will be in focus on Friday, June 19, as its six-month shareholder lock-in period comes to and end, which will free up a substantial portion of its outstanding equity.According to a note from Nuvama Alternative & Quantitative Research, as many as 344 million shares of the company, or 70% of its outstanding equity will free up for trade today once the lock-in ends.

It must be noted that the end of the shareholder lock-in does not mean all the shares will be sold in the open market, but they only become eligible to be traded.
Based on Thursday’s closing price, the total value of ICICI Prudential AMC shares that free up for trade on Friday is worth ₹1.18 lakh crore.
Shares of ICICI Prudential AMC had made their stock market debut in December 2025, after its ₹10,602 crore Initial Public Offering (IPO) had received a healthy response from investors.

Who Owns Stake In ICICI Prudential AMC?

ICICI Prudential AMC is one of those stocks who do not have a significant free float in the open market as most of the equity is still held by promoters.Based on the March quarter shareholding, promoters of the company had a 87.59% stake, which is higher than the minimum public shareholding norms of 75%.

Even among the public shareholders, Mutual Funds of India have a 5.13% stake, insurance companies own 1.16%, Foreign Portfolio Investors (FPIs) own a 2.4% stake, while over 6 lakh small retail shareholders, or those with authorized share capital of up to ₹2 lakh, had a 1.5% stake in the company.

Shares of ICICI Prudential AMC ended with gains of over 5.5% on Thursday at ₹3,433. Based on Thursday’s closing price, the stock is up nearly 60% from its issue price of ₹2,165.

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