tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ICICI Bank’s Subsidiary ICICI AMC Files for IPO

Story Highlights
ICICI Bank’s Subsidiary ICICI AMC Files for IPO

TipRanks Cyber Monday Sale

Icici Bank ( (IBN) ) has provided an update.

ICICI Bank announced that its subsidiary, ICICI Prudential Asset Management Company, has filed a Red Herring Prospectus with the Registrar of Companies for an initial public offering (IPO) of up to 48,972,994 equity shares. The IPO, scheduled to open for public subscription from December 12 to December 16, 2025, includes a reservation for eligible ICICI Bank shareholders. This move is expected to enhance ICICI Bank’s market positioning and provide stakeholders with new investment opportunities.

The most recent analyst rating on (IBN) stock is a Hold with a $33.00 price target. To see the full list of analyst forecasts on Icici Bank stock, see the IBN Stock Forecast page.

Spark’s Take on IBN Stock

According to Spark, TipRanks’ AI Analyst, IBN is a Neutral.

Icici Bank’s overall stock score is driven by strong financial performance, particularly in profitability and revenue growth. However, liquidity concerns due to negative cash flow and bearish technical indicators weigh down the score. The valuation is moderate, with a reasonable P/E ratio but a low dividend yield.

To see Spark’s full report on IBN stock, click here.

More about Icici Bank

ICICI Bank Limited is a prominent financial institution in India, primarily engaged in providing a wide range of banking products and services. The bank operates in the financial services industry and focuses on retail and corporate banking, investment banking, life and non-life insurance, venture capital, and asset management. It serves a diverse clientele, including individuals, small businesses, and large corporations, with a significant market presence in India.

Average Trading Volume: 4,601,115

Technical Sentiment Signal: Buy

Current Market Cap: $110.6B

Learn more about IBN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1