ICICI Prudential AMC sets IPO price band at ₹2,061–₹2,165

ICICI Prudential Asset Management has set a price band between ₹2,061 and ₹2,165 a share for its upcoming initial public offering. Reportedly, the firm is targeting a valuation of $12 billion to $12.5 billion for the IPO, with the potential size of the issue likely to be between $1.2 billion to $1.25 billion. The IPO consists of offer for sale.