ICICI Prudential AMC, India’s second-largest asset manager, has filed for an IPO with SEBI, aiming to raise up to Rs 10,000 crore through an offer for sale by Prudential Corporation Holdings. The IPO, managed by 18 merchant bankers, will not infuse capital into ICICI Prudential AMC, but allows Prudential PLC to divest part of its stake.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets