ICICI Bank announces the price band for the initial public offering (IPO) of its subsidiary, ICICI Prudential Asset Management Company (ICICI AMC). The price band is set at ₹2,061 to ₹2,165 per equity share. The minimum bid lot is 6 equity shares and in multiples of 6 thereafter. The IPO details are available on the ICICI AMC website.
ICICI AMC IPO Price Band Revealed
ICICI Bank’s subsidiary, ICICI Prudential Asset Management Company (ICICI AMC), has announced the price band for its upcoming IPO. The price band has been fixed at ₹2,061 to ₹2,165 per equity share. This announcement follows ICICI Bank’s earlier disclosure regarding the IPO.
Key Details of the IPO
The face value of each equity share is ₹1. The minimum bid lot for the IPO is 6 equity shares, and bids can be made in multiples of 6 shares thereafter. Further information regarding the IPO is available on the ICICI AMC website.
Forward-Looking Statements
The announcement includes forward-looking statements regarding future business plans and growth prospects. These statements are subject to risks and uncertainties. Factors that could cause actual results to differ materially include changes in interest rates, foreign exchange rates, regulatory changes, and economic conditions.
Source: BSE