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‘Track record matters more than sponsorship’
Financial Express Kolkata
|December 15, 2025
NIMESH SHAH, MD & CEO, ICICI PRUDENTIAL AMC
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ICICI Prudential AMC, one of the largest and most profitable mutual fund houses, mobilised ₹3,021.8 crore from 149 anchor investors on Thursday at ₹2,165 per share, after a pre-IPO placement to top institutional investors.
The ₹10,600 crore IPO opened for bids on Friday. Nimesh Shah, MD & CEO tells Nesil Staney that while operating profit is the most relevant metric continuity of fund performance is vital. Excerpts:
Will bank sponsored AMCs continue to dominate the Indian industry? Why?
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