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ICICI Pru AMC begins roadshows for ₹10K-cr IPO
Financial Express Mumbai
|September 24, 2025
ICICI PRUDENTIAL ASSET Management, India’s second-largest asset manager, has begun investor roadshows ahead of its planned initial public offering, sources said.
Backed by the UK’s Prudential Plc and India’s ICICI Bank Ltd, the firm is targeting a late October launch for the first-time share sale, they said.
The IPO involves the sale of 17.65 million shares, or a 10% stake held by Prudential, and could raise as much as ₹10,000 crore, sources said. That would value the money manager at about $11 billion.
Dit verhaal komt uit de September 24, 2025-editie van Financial Express Mumbai.
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