ICICI Prudential Asset Management Company’s ₹10,600 crore IPO will open on December 12, with shares priced between ₹2,061-2,165. The offering is entirely an offer for sale by UK-based Prudential Corporation Holdings, divesting a 9.9% stake. ICICI Bank also plans to increase its shareholding in the AMC.
AMFI reshuffle: Hindustan Copper among 6 smallcap stocks that may get upgraded to midcap
Six smallcap stocks could be upgraded to the midcap segment in AMFI’s H2 CY26 semi-annual rejig, according to Nuvama Institutional Equities.