ICICI Prudential AMC IPO has no fresh issue component and all the proceeds from the IPO will go to the selling promoter. (Image: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
ICICI Prudential AMC's IPO is set to be the fourth-largest IPO of 2025 by issue size, following Tata Capital, HDB Financial Services, and LG Electronics India, with its IPO opening this week, aiming to raise over Rs 10,000 crore (around $1.2 billion) through an Offer for Sale (OFS). This significant IPO will make ICICI Prudential AMC the fifth listed entity from the ICICI Group and the fifth asset management company (AMC) on Indian exchanges, solidifying its position as a major player in India's growing mutual fund industry.
ICICI Prudential Asset Management Company will launch its ini

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