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ICICI Prudential AMC Said to Near ₹10,000 Cr IPO Filing
Mint Mumbai
|June 12, 2025
Prudential Plc's Indian asset-management venture is close to filing preliminary documents with the local regulator for a proposed initial public offering (IPO) that may fetch as much as ₹10,000 crore ($1.2 billion), according to people familiar with the matter.
ICICI Prudential Asset Management Co.'s (AMC) so-called draft red herring prospectus will probably be filed in the next three to four weeks, the people said, asking not to be identified as the information is private. The company has hired a record 17 lead managers for the offering, which may value the firm at abou
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