ICICI Prudential AMC IPO: A Rs 1 lakh crore price tag seeks to dethrone market leader HDFC. Will investors pay?

ICICI Prudential AMC’s IPO, valuing the company at Rs 1.07 lakh crore, puts it nearly level with HDFC AMC, reflecting its rise as a co-leader in India’s fast-growing asset management industry. With the largest equity AUM, rapid profit growth and an unmatched …

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