ICICI Prudential AMC readies ₹10,000 cr IPO, SEBI nod expected soon
ICICI Prudential Asset Management Company (AMC) is expected to receive SEBI's approval for its IPO in the coming weeks. The company plans to raise ₹10,000 crore (around $1.1 billion) through this public offering. The entire offer will be a sale by Prudential Corporation Holdings, which will offload around 1.77 crore shares or a 10% stake in the firm.