Tag: Prudential
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ICICI Prudential AMC Ventures into Private Equity, Awaits Sebi Approval
ICICI Prudential Asset Management Company is seeking approval from the Securities and Exchange Board of India (Sebi) to enter the private equity business as part of its strategy to diversify into alternative asset classes, Managing Director and CEO Nimesh Shah said. Speaking at a press conference ahead of the company’s upcoming IPO, Shah said discussions…
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Key Insights from the ICICI Prudential AMC IPO RHP: 10 Essential Takeaways
ICICI Prudential AMC IPO: The initial public offering (IPO) of one of the largest asset management companies in India, ICICI Prudential Asset Management Company (AMC), is set to open for public subscription on Friday, December 12, and will remain open until Tuesday, December 16. Share allotment will likely be finalised on Wednesday, December 17, and…
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ICICI Prudential Mutual Fund Increases Stake in LIC Housing Finance to 5.22%
ICICI Prudential Mutual Fund, under its various schemes, has bought additional shares of LIC Housing Finance, raising its stake in the company to more than 5%. In a regulatory filing on Wednesday, ICICI Prudential Asset Management Company announced the details of the acquisition of equity stake in LIC Housing Finance. ICICI Prudential Mutual Fund acquired…