ICICI Prudential AMC’s IPO has generated one of the strongest demand signals in India’s primary markets. The Rs 10,600 crore IPO attracted bids worth nearly Rs 3 lakh crore from 55 lakh applications, making it the fourth largest subscription amount in the history of Indian IPOs.In comparison, Tata Capital’s IPO had received around 23.6 lakh […]
ICICI Prudential Asset Management Company will launch its $1.2 billion initial public offering in the second week of December, two sources said on Thursday. This makes India’s second-largest asset manager the latest in a long list of companies to go public this year.The fund house, which had filed for an initial public offering in July, […]
ICICI Prudential Asset Management Company, India’s most profitable AMC and the largest by active assets under management (AUM), plans to launch its initial public offering worth Rs 10,700 crore next week, according to sources familiar with the matter.In the IPO, which is likely to value the fund house at Rs 107,000 crore, UK-based Prudential will […]