Expert Arun Kejriwal’s Clear Verdict On ICICI Prudential AMC IPO | Buy, Hold Or Avoid?

The ₹10,602 crore IPO of ICICI Prudential AMC closes today after seeing full subscription by Day 2, though retail participation remains muted. Market expert Arun Kejriwal calls it a “no-brainer” IPO, citing strong management, asset-light business model and the second-largest AUM in India. He highlights attractive valuations versus listed peers like HDFC AMC and expects heavy demand to limit allotment. Kejriwal believes the stock offers value even post-listing, despite expected premiums. Reflecting on 2025 IPOs, he notes strong listings but limited sustained post-debut performance.