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An update from ICICI Bank Limited ( (IN:ICICIBANK) ) is now available.
ICICI Bank Limited has announced that its subsidiary, ICICI Prudential Asset Management Company, has filed a Red Herring Prospectus for an initial public offering of up to 48,972,994 equity shares. This offering, scheduled to open on December 12, 2025, includes a reservation for eligible ICICI Bank shareholders and is expected to enhance the company’s market positioning and provide growth opportunities in the asset management sector.
More about ICICI Bank Limited
ICICI Bank Limited is a prominent player in the banking and financial services industry, offering a wide range of products and services including asset management through its subsidiary, ICICI Prudential Asset Management Company. The bank is focused on expanding its market presence and enhancing its service offerings to stakeholders.
Average Trading Volume: 572,474
Technical Sentiment Signal: Strong Buy
Current Market Cap: 9911.5B INR
Learn more about ICICIBANK stock on TipRanks’ Stock Analysis page.