Business
Pudential plc - Filing of RHP for IPAMC IPO
Prudential plc announced that its subsidiary, ICICI Prudential Asset Management Company Limited (IPAMC), has filed a Red Herring Prospectus for an Initial Public Offering (IPO) which includes an offer for sale of up to 9.91% of IPAMC's equity share capital by Prudential Corporation Holdings Limited. The filing has been made with relevant Indian authorities including the Registrar of Companies, SEBI, BSE, and NSE. Prudential is also considering a private sale of 2% of IPAMC to ICICI Bank Limited and a potential pre-IPO placement to institutional investors, with the IPO and offer amount subject to market conditions and approvals. Disclaimer*
About this update from Prudential Plc
[{"type":"text","content":"\n\n\n\n \nNEWS RELEASE \n \n \n \nPrudential announces filing of red herring prospectus for\nICICI Prudential Asset Management IPO\n \n6 December 2025, Hong Kong - Further to the announcement dated 8 July 2025, Prudential plc (\"Prudential\") today announces that ICICI Prudential Asset Management Company Limited (\"IPAMC\") has filed the Red Herring Prospectus (\"RHP\") with the Registrar of Companies, Delhi and Haryana at Delhi, for an Initial Public Offering (\"IPO\") comprising an offer for sale of up to 9.91% of the equity share capital in IPAMC by Prudential Corporation Holdings Limited (\"PCHL\", a subsidiary of Prudential). The RHP has also been filed with the Securities and Exchange Board of India (\"SEBI\"), BSE Limited (\"BSE\") and National Stock Exchange of India Limited (\"NSE\").\n \nThe RHP is also available on the websites of IPAMC, the book running lead managers to the IPO, SEBI, BSE and NSE. The IPO and the amount of the offer for sale remain subject to market conditions, requisite approvals and other considerations.\n \nAs previously indicated and in addition to the potential IPO, Prudential plc continues to consider a private sale of 2% of IPAMC to ICICI Bank Limited. We are also considering an additional pre-IPO placement to select institutional investors before the completion of the IPO.\n \nContact\n\n\n\n\nMedia\n\n\n \n\n\n \n\n\nInvestors/analysts\n\n\n\n\n\n\n\nSimon Kutner\n\n\n+44 7581 023260\n\n\nUK\n\n\nPatrick Bowes\n\n\n+852 2918 5468 \n\n\nHK\n\n\n\n\nSonia Tsang\n\n\n+852 5580 7525\n\n\nHK\n\n\nWilliam Elderkin\n\n\n+44 2039 779215 \n\n\nUK\n\n\n\n\n \n\n\n \n\n\n\n\n\nMing Hau\n\n\n+44 2039 779293\n\n\nUK\n\n\n\n\n \n\n\n \n\n\n\n\n\nBosco Cheung\n\n\n+852 2918 5499\n\n\nHK\n\n\n\n\n \n \n\n\n \n\n\n\n\n\nTianjiao Yu\n\n\n+852 2918 5487\n\n\nHK\n\n\n\n\n \nAbout Prudential plc\n \nPrudential provides life and health insurance and asset management in Greater China, ASEAN, India and Africa. Prudential's mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions....