ICICI Prudential AMC IPO to open on December 12 as Prudential plans 10% stake sale

ICICI Prudential AMC’s IPO opens December 12, with Prudential selling a larger 10% stake and the company targeting a valuation near $12 billion.

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9 days ago

ICICI Prudential AMC IPO to open on December 12 as Prudential plans 10% stake sale

ICICI Prudential AMC IPO to open on December 12 as Prudential plans 10% stake sale
ICICI Prudential Asset Management will launch its IPO on December 12, with anchor bidding scheduled for December 11. British insurer Prudential will sell up to 49 million shares, increasing its planned divestment from 17.7 million shares to roughly a 10% stake, following a recent bonus issue that expanded the company’s outstanding shares.