Avendus Capital acted as one of the Book Running Lead Managers to ICICI Prudential AMC and its shareholders on its Initial Public Offering.

It was a privilege to work with ICICI Prudential AMC on this defining milestone. Over the last three decades, ICICI Prudential has emerged as one of India’s leading AMCs, and its stellar public market debut is a testament to its role in India’s financial system. The strong participation from high-quality global institutional investors, domestic mutual funds, insurance firms, sovereign capital, and leading family offices underscores the depth of India’s capital markets, and the maturity of our financial services sector. We congratulate the company and the sponsors and look forward to continuing our association with them.

We are pleased to partner with ICICI Prudential AMC leadership team on this important milestone as they enter India’s public markets. They are a strong business franchise supported by disciplined investment processes and long-term focus on value creation for investors. As one of India’s leading asset managers, the company is well-positioned to benefit from the structural growth in domestic savings and financialization of household assets. For us at Avendus, it has been a privilege to work with ICICI Prudential AMC at this stage of its growth.