Prudential Confirms Signing of Underwriting Agreement and Submission of Final Prospectus for ICICI Prudential Asset Management Company IPO

Prudential's subsidiary PCHL, ICICI Prudential Asset Management Company, and the IPO underwriters signed an underwriting agreement on December 16, 2025, and IPAMC has submitted the final prospectus dated the same day to the Registrar of Companies in Delhi. PCHL will sell a total of 48,973,004 IPAMC shares at INR 2,165 per share, with estimated gross proceeds of INR 106.03 billion. The net proceeds from this offering, together with the proceeds from the previously announced pre-IPO private placement, are intended to be returned to Prudential shareholders, subject to necessary regulatory and shareholder approvals.