New Delhi, Dec. 16 -- ICICI Prudential AMC IPO in focus: The initial public offering of ICICI Prudential Asset Management Company Ltd., a subsidiary of ICICI Bank, received a solid response from investors during its three-day bidding period.

The issue saw a subscription rate exceeding 39 times, emerging as one of the largest mainboard IPOs of over Rs.10,000 crore to receive such a strong investor response.

The issue, which opened on Friday, December 12, closed today, attracting bids for 137 crore shares against over 3.50 crore shares on offer, resulting in a subscription rate of 39.17 times, as per exchange data.

The qualified institutional buyer (QIB) segment saw a strong response, with the quota being subscribed 124 times, while the ...