MUMBAI -- ICICI Prudential Asset Management saw its shares in its Friday listing debut open 20% higher than their initial public offering price that raised 106 billion rupees ($1.17 billion) last week.
IPO
India's ICICI Prudential Asset Management rises 20% in trading debut
Last billion-dollar IPO of the year wraps up record run for local primary market
ICICI Prudential Asset Management's IPO received bids worth about 3 trillion rupees, and was heavily oversubscribed by institutional investors. © Reuters
