India's ICICI Prudential Asset Management sets IPO price band of 2,061-2,165 rupees

ICICI Bank

07/12/2025 08:01

Dec 7 (Reuters) - ICICI Prudential Asset Management Company IICL.NS has set a price band of 2,061 to 2,165 rupees ($22.92-$24.07) per share for its initial public offering it said in a filing dated Saturday.

The company, a venture between India's second-largest private lender, ICICI Bank ICBK.NS and British insurer Prudential PRU.L, plans to sell 49 million shares in the IPO.

Subscriptions for the IPO, which is a pure offer-for-sale, will open on Friday and close on December 16.

($1 = 89.9340 Indian rupees)

 (Reporting by Anusha Shah in Bengaluru)

 ((AnushaDevang.Shah@thomsonreuters.com;))