ICICI Pru AMC Pre-IPO: Jhunjhunwala, Kela, 24 Others Invest ₹4,815 Cr

• ICICI Prudential Asset Management secured approximately ₹4,815 crore in pre-IPO placement from 26 prominent investors.
• Key investors include the Jhunjhunwala family, Prashant Jain, Madhusudan Kela, Lunette Capital, and several major insurance companies.
• ICICI Bank invested an additional ₹2,140 crore to acquire a 2% stake in the asset management company.
• As of September 30, 2025, the company managed ₹10,147.6 billion in Mutual Fund QAAUM, holding a 13.6% market share in equity and equity-oriented QAAUM.
• For FY2025, the company recorded an operating profit before tax (OPBT) of ₹3,236 crore, positioning it as the largest profit earner among Indian asset managers.

Why It Matters: Major investors' pre-IPO backing of ICICI Prudential AM signals strong market confidence.