Prudential to sell more shares in ICICI Prudential Asset's India IPO, offer to open Dec. 12
ReutersDec 5, 2025 7:19 PM
Dec 5 (Reuters) - British insurer Prudential PRU.L will sell more shares than initially planned in a initial public offering by ICICI Prudential Asset Management Company IICL.NS in India, with the offering set to open for bids next week.
Prudential will sell up to 49 million shares in the IPO, compared with a July plan to sell up to 17.7 million shares, ICICI Prudential Asset Management said in a filing late Friday.
The three-day share sale will open on December 12, with anchor investors bidding a day earlier on December 11.
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