ICICI Prudential AMC Files for IPO to Boost Market Position

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2025.12.06 04:17
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ICICI Prudential Asset Management Company, a subsidiary of ICICI Bank Limited, has filed a Red Herring Prospectus for an IPO of up to 48,972,994 equity shares, set to open on December 12, 2025. This move aims to enhance the company's market position and provide growth opportunities in the asset management sector. The offering includes a reservation for eligible ICICI Bank shareholders.