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SEBI Approves ICICI Prudential Asset Management IPO, Set for December Launch
he Securities and Exchange Board of India (SEBI) has approved the IPO of ICICI Prudential Asset Management Company, India’s second-largest asset manager. The ₹10,000 crore offer is an offer-for-sale by UK-based Prudential Plc, targeting a valuation exceeding ₹1 trillion, signaling strong investor interest in India’s growing mutual fund sector.
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