ICICI Prudential AMC files RHP as it prepares for one of India’s major upcoming IPOs

ICICI Prudential AMC advanced its IPO process by filing the RHP, outlining a 9.91% stake sale and evaluating additional private placement options ahead of the listing.

Live Market Updates

Latest Financial News

neutral
9 days ago

ICICI Prudential AMC files RHP as it prepares for one of India’s major upcoming IPOs

ICICI Prudential AMC files RHP as it prepares for one of India’s major upcoming IPOs
ICICI Prudential Asset Management Company has filed its Red Herring Prospectus with the Registrar of Companies, SEBI, BSE and NSE, moving its IPO plans into the final regulatory phase. The offer, estimated at around ₹10,000 crore, comprises a 9.91% stake sale by Prudential Corporation Holdings. The company is also considering a 2% private sale to ICICI Bank and a possible pre-IPO placement.