ICICI Prudential AMC files RHP as it prepares for one of India’s major upcoming IPOs

ICICI Prudential Asset Management Company has filed its Red Herring Prospectus with the Registrar of Companies, SEBI, BSE and NSE, moving its IPO plans into the final regulatory phase. The offer, estimated at around ₹10,000 crore, comprises a 9.91% stake sale by Prudential Corporation Holdings. The company is also considering a 2% private sale to ICICI Bank and a possible pre-IPO placement.