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Tag: prudential companies

From Rs 10 crore to Rs 10,600 crore! London Prudential achieves 108.170% return on ICICI Prudential AMC IPO
Stock Market

From Rs 10 crore to Rs 10,600 crore! London Prudential achieves 108.170% return on ICICI Prudential AMC IPO

London-based Prudential Corporation Holdings is poised to raise a whopping Rs 10,603 crore in the IPO of India’s largest active asset manager, posting a mind-boggling 108,170% return on shares bought 20 years ago at just Rs 2 each. ICICI Prudential Asset Management Company’s mega offering, which opened for public subscription on Friday, has created a […]

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Jhunjhunwala’s firm, Madhu Kela, is one of the pre-IPO investors of I-Pru AMC
Stock Market

Jhunjhunwala’s firm, Madhu Kela, is one of the pre-IPO investors of I-Pru AMC

A slew of foreign and domestic institutions and family offices were among the 26 investors who participated in ICICI Prudential Asset Management’s pre-IPO share sale worth around Rs4,900 crore.Several major investors such as Abu Dhabi’s Lunate, Premji Invest, University of California, the estate of late Rakesh Jhunjhunwala, HCL Capital, 3P India managed by Prashant Jain, […]

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