ICICI Pru AMC, 3 others get IPO approval from Sebi

Sebi has approved the IPOs of ICICI Prudential Asset Management and three other companies, signaling the green light for their public offerings. ICICI Prudential AMC’s ₹10,000 crore IPO, slated for December, will be an entirely offer for sale, with UK-based Prudential Corporation Holdings divesting 1.76 crore shares.