ICICI Prudential Asset Said to Near Nod for $1.1 Billion IPO

ICICI Prudential Asset Management Co. is close to securing approval from India’s securities regulator to go public, according to people familiar with the matter, paving the way for one of...

By Rajesh Mascarenhas, Baiju Kalesh · Bloomberg Markets

ICICI Prudential Asset Management Co. is close to securing approval from India’s securities regulator to go public, according to people familiar with the matter, paving the way for one of the country’s biggest initial public offerings this year to kick off.