Is ICICI Pru AMC’s IPO a compelling bet for investors with a high-risk appetite and a long-term horizon?

ICICI Prudential AMC is set to raise ₹10,600 crore through an offer for sale. This move will reduce promoter shareholding to 90.1%. The company shows strong growth in assets under management and a growing investor base. Its performance is linked to retail investors and market volatility.

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