ICICI Bank Subsidiary ICICI AMC Lists on Exchanges; IPO Details Disclosed
ICICI Bank Limited has provided an update regarding the initial public offering (IPO) of its subsidiary, ICICI Prudential Asset Management Company Limited (ICICI AMC). Prudential Corporation Holdings ...
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ICICI Bank Limited (ICICIBANK) is in the news due to the announcement is a factual update about the listing of a subsidiary's ipo and does not contain significant positive or negative financial performance indicators for icici bank itself.
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ICICI Bank Subsidiary ICICI AMC Lists on Exchanges; IPO Details Disclosed
December 19, 2025, 06:06 AM
ICICI Bank Limited has provided an update regarding the initial public offering (IPO) of its subsidiary, ICICI Prudential Asset Management Company Limited (ICICI AMC). Prudential Corporation Holdings Limited sold 48,972,994 equity shares of ICICI AMC, each with a face value of ₹1, at an issue price of ₹2,165 per share.
ICICI AMC was officially listed on both BSE Limited and the National Stock Exchange of India Limited effective December 19, 2025. ICICI Bank intends to maintain its majority shareholding in ICICI AMC following this listing.
The bank also included standard forward-looking statements regarding future expectations, business plans, and growth prospects, emphasizing that actual results could differ due to various risks and uncertainties, including statutory and regulatory changes, economic conditions, and market risks.
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