ICICI Prudential AMC shares listed at ₹2,600 on the NSE, a premium of ₹435 or 26 per cent from the issue price of ₹2,165
After the allotment is finalised, applicants will be able to view their ICICI Prudential AMC IPO allotment status on the official NSE and BSE websites, and the registrar's portal, Kfin Technologies
ICICI Prudential AMC IPO received bids for 44.45 million shares against 35 million shares on offer, resulting in an overall subscription of 1.27 times
ICICI Prudential AMC IPO: Analysts at Canara Bank Securities and Anand Rathi have recommended subscribing to the issue from a long-term perspective
The fund house is a joint venture between ICICI Bank, India's second-largest private lender, which holds 51 per cent, and Prudential, which owns the rest
ICICI Prudential IPO will be offered at a price band of ₹2,061 to ₹2,165 per share, with a lot size of 6 shares
ICICI Prudential AMC has fixed a ₹2,061-₹2,165 price band for its ₹10,600-crore IPO, an OFS by Prudential. The issue opens Friday and implies a ₹1.07-trillion valuation
Prudential will sell up to 49 million shares in the IPO, compared with an earlier plan of 17.7 million shares, ICICI Prudential said in a filing late on Friday
A subsidiary of Prudential will sell up to 10% stake in the IPO, with the asset manager eyeing a valuation of $12 billion
The National Securities Depository Ltd. (NSDL) mobilised over Rs 1,201 crore from institutional investors on Tuesday, a day before its initial share-sale opening for public subscription. This anchor portion witnessed participation from domestic and foreign institutional investors, including Life Insurance Corporation of India (LIC), Smallcap World Fund Inc, SBI Mutual Fund (MF), Fidelity Funds and Nippon India MF, according to a circular uploaded on the BSE's website. SBI Life Insurance Company and HDFC Life Insurance Company, Abu Dhabi Investment Authority, Ashoka WhiteOak India Opportunities Fund, ICICI Prudential MF and HDFC MF are also among the investors. Of these, LIC was the largest investor, picking up nearly 18 lakh shares, amounting to 11.99 per cent of the total anchor book, for Rs 144 crore. According to the circular, NSDL has allotted over 1.5 crore equity shares to 61 funds at Rs 800 apiece. This aggregates the transaction size to Rs 1,201.4 crore. The Rs 4,011-crore
ICICI Prudential Life Insurance Company (ICICI Pru) reported a decline of 5 per cent year-on-year (Y-o-Y) in new business annualised premium equivalent (APE) to ₹1,860 crore in Q1FY26
The recent slowdown was a "mid-cycle correction", and the central bank's policy support has laid the groundwork for growth to return to its long-term trend
The net premium income of the country's third-largest private life insurer rose by 10.7 per cent year-on-year (Y-o-Y) to Rs 16,369.17 crore in the reporting quarter
Through the IPO, the London-headquartered financial major plans to divest some of its 49 per cent stake. Shares of Prudential rallied over 6 per cent after the announcement on London Stock Exchange
ICICI Bank on Wednesday said the bank intends to retain majority holding in ICICI Prudential Asset Management Company even though its joint venture partner plans listing and partial divestment of its stake in the fund house. ICICI Bank holds 51 per cent stake in ICICI Prudential Asset Management Company while remaining 49 per cent is with its joint venture partner UK-based Prudential PLC. "We take note of the announcement made today by our joint venture partner Prudential PLC with respect to a potential listing of and partial divestment of its stake in ICICI Prudential Asset Management Company, subject to market conditions, requisite approvals and other considerations," ICICI Bank said in a regulatory filing. The bank intends to retain its majority shareholding in ICICI Prudential Asset Management Company ensuring long-term commitment, it said. Prudential plc announced that it is evaluating a potential listing of ICICI Prudential Asset Management Company Ltd involving the partial .
The life insurer reported a standalone profit of Rs 326 crore (about $38 million) for the quarter ended Dec. 31, compared to Rs 227 crore a year ago
Shares of HDFC Life, ICICI Prudential, SBI Life and Max Financial Services are up in the range of 5 per cent and 10 per cent
The other new launches include Mirae Asset Smallcap Fund, Bandhan Nifty Alpha Low Volatility 30 Index Fund, Kotak Nifty Smallcap 250 Index Fund and UTI Quant Fund.
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The GST Council has announced the formation of a new Group of Ministers to review the issue of GST rate reduction on health insurance.