ICICI Prudential AMC Set to Launch $1.2 Billion IPO on Dec. 12

ISEC:IN,PRU:US,ICICIBC:IN,HEXT:IN,HDBFS:IN,TATACAP:IN,LGEL:IN,C:US

Rajesh Mascarenhas

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India’s ICICI Prudential Asset Management Co. is seeking a valuation of as much as 1.07 trillion rupees ($11.9 billion)

S. Naren, CIO of Equities at Prudential ICICI Asset Management Interview

India’s ICICI Prudential Asset Management Co. is seeking a valuation of as much as 1.07 trillion rupees ($11.9 billion), calculations by Bloomberg showed, as it plans to launch its initial public offering on Dec. 12.

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