While its valuation stood at Rs 32,500 cr in November 2015, it now commands Rs 45,000-50,000 cr with the public offer
ICICI Prudential Life Insurance Company aims to raise Rs 5,000 cr via the IPO, the first by an insurer in India and the biggest in six years
The company, a joint venture between ICICI Bank and Britain's Prudential, plans to file its offer document with market regulator Sebi by the end of this year
ICICI Bank said last week it planned to file for an IPO of the life insurance unit during the current financial year
Interview with Chief investment officer, ICICI Prudential Life Insurance Company