Archive · 2 Jul 2025
ICICI Prudential AMC Plans IPO, British Partner to Sell Stake
ICICI Prudential, a company that helps manage money, is getting ready to sell some of its shares to the public through something called an IPO.
The plan is for their partner, Prudential Plc, a company from Britain, to sell some of their shares to raise money.
The company has been around for a long time, with ICICI Bank and Prudential Plc teaming up many years ago.
If all goes as planned, this IPO would be one of several listings from the ICICI group, similar to other companies that offer financial services.
ICICI Prudential AMC is planning an IPO.
The IPO is an offer for sale by Prudential Plc.
Prudential Plc plans to raise up to ₹10,000 crore by offloading part stake.
The joint venture between ICICI Bank and Prudential Plc has existed for 26 years.
The IPO filing is expected with SEBI soon, possibly this week.
- Who
- ICICI Prudential Asset Management Company and Prudential Plc.
- What
- ICICI Prudential Asset Management Company is planning an IPO.
- When
- The IPO filing is expected with SEBI possibly as early as this week, and the launch is likely in Q3FY26.
- Where
- The IPO will be launched in the stock market in India.
- Why
- To list the company's shares on the stock exchanges, with Prudential Plc selling part of their stake.
- Company
- ICICI Prudential AMC
- IPO Type
- Offer for Sale (OFS)
- Promoter
- Prudential Plc
- Joint Venture Partners
- ICICI Bank and Prudential Plc
- Funds to be raised
- Up to ₹10,000 crore
