ICICI Prudential AMC IPO vs Shadowfax Technologies IPO

Comparison between ICICI Prudential AMC IPO and Shadowfax Technologies IPO.

IPO Details

ICICI Prudential AMC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Shadowfax Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of ICICI Prudential AMC IPO is up to ₹10,602.65 Cr whereas the issue size of the Shadowfax Technologies IPO is up to ₹1,907.27 Cr. The final issue price of ICICI Prudential AMC IPO is ₹2,165.00 per share and of Shadowfax Technologies IPO is ₹124.00 per share.

 ICICI Prudential AMC IPOShadowfax Technologies IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹2,061.00 per share₹118.00 per share
Issue Price (Upper)₹2,165.00 per share₹124.00 per share
Issue Price (Final)₹2,165.00 per share₹124.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size6 shares120 shares
Fresh Issue Size0 shares8,06,45,160 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹1,000.00 Cr
OFS Issue Size4,89,72,994 shares7,31,66,854 shares
OFS Issue Size (Amount)up to ₹10,602.65 Crup to ₹907.27 Cr
Issue Size Total4,89,72,994 shares15,38,12,014 shares
Issue Size Total (Amount)up to ₹10,602.65 Crup to ₹1,907.27 Cr

IPO Timetable

ICICI Prudential AMC IPO opens on Dec 12, 2025, while Shadowfax Technologies IPO opens on Jan 20, 2026. The closing date of ICICI Prudential AMC IPO and Shadowfax Technologies IPO is Dec 16, 2025, and Jan 22, 2026, respectively.

 ICICI Prudential AMC IPOShadowfax Technologies IPO
Anchor Bid DateDec 11, 2025Jan 19, 2026
Issue OpenDec 12, 2025Jan 20, 2026
Issue CloseDec 16, 2025Jan 22, 2026
Basis Of Allotment (Tentative)Dec 17, 2025Jan 23, 2026
Initiation of Refunds (Tentative)Dec 18, 2025Jan 27, 2026
Credit of Share (Tentative)Dec 18, 2025Jan 27, 2026
Listing date (Tentative)Dec 19, 2025Jan 28, 2026
Anchor Lockin End date 1Jan 15, 2026Feb 21, 2026
Anchor Lockin End date 2Mar 16, 2026Apr 22, 2026

Financials & KPIs

ICICI Prudential AMC IPO P/E ratio is 40.37, as compared to Shadowfax Technologies IPO P/E ratio of 1017.96.

 ICICI Prudential AMC IPOShadowfax Technologies IPO
Financials

Company Financials (Restated)

ICICI Prudential Asset Management Co.Ltd.'s revenue increased by 32% and profit after tax (PAT) rose by 29% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Sep 202531 Mar 202530 Sep 202431 Mar 202431 Mar 2023
Assets4,827.344,383.684,096.743,554.092,804.76
Total Income2,949.614,979.672,458.233,761.212,838.18
Profit After Tax1,617.742,650.661,327.112,049.731,515.78
EBITDA2,210.103,636.991,837.552,780.012,072.58
NET Worth3,921.563,516.943,272.282,882.842,313.06
Reserves and Surplus3,903.913,432.853,254.632,798.752,228.97
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets1,453.161,259.26786.14442.73
Total Income1,819.802,514.661,896.481,422.89
Profit After Tax21.046.06-11.88-142.64
EBITDA64.3456.1911.37-113.47
NET Worth693.53660.43421.78176.32
Reserves and Surplus281.26248.16172.47171.20
Total Borrowing147.44132.2340.3366.69
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10019.13
Promoter Shareholding (Post-Issue)90.0916.49
P/E Ratio40.371017.96
Market Cap₹107006.97 Cr.₹7168.85 Cr.
ROE82.8%
ROCE
Debt/Equity0.20
EPS₹53.63₹0.12
RoNW82.8%0.97

Shares Offered

In the ICICI Prudential AMC IPO Retail Individual Investors (RII) are offered 1,62,83,521 shares while in Shadowfax Technologies IPO retail investors are offered 1,62,83,521 shares. Qualified Institutional Buyers (QIB) are offered 93,04,869 shares in ICICI Prudential AMC IPO and 4,60,22,638 shares in Shadowfax Technologies IPO.

 ICICI Prudential AMC IPOShadowfax Technologies IPO
Anchor Investor Reservation1,39,57,303 shares6,90,33,955 shares
Market Maker Reservation0 shares0 shares
QIB93,04,869 shares4,60,22,638 shares
NII69,78,652 shares2,30,11,318 shares
RII1,62,83,521 shares1,53,40,878 shares
Employee0 shares4,03,225 shares
Others
Total4,89,72,994 shares15,38,12,014 shares

Bids Received (Subscription)

ICICI Prudential AMC IPO subscribed 39.17x in total, whereas Shadowfax Technologies IPO subscribed 2.86x.

 ICICI Prudential AMC IPOShadowfax Technologies IPO
QIB (times)123.87x4.00x
NII (times)22.04x0.88x
Big NII (times)25.42x0.66x
Small NII (times)15.28x1.33x
RII (times)2.53x2.43x
Employee (times)2.17x
Other (times)
Total (times)39.17x2.86x

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ICICI Prudential AMC IPO Vs Shadowfax Technologies IPO