ICICI Prudential AMC: ₹1910 Crore Shares Unlocked, Dividend Declared

• Approximately 7 million shares (1% stake) of ICICI Prudential AMC, valued at ₹1,910 crore, will be unlocked on January 16.
• The unlock event means these shares become available for trading, potentially increasing market supply.
• Brokerage houses like Centrum Broking, Equirus Securities, and PL Capital maintain positive ratings and price targets for the stock.
• ICICI Prudential AMC debuted strongly, listing at a 20% premium over its IPO price of ₹2,165.
• The company is India's most valuable listed asset management company with a market cap of ₹1.12 lakh crore.

Why It Matters: ICICI Prudential AMC sees a major share unlock, but brokerages remain bullish on its market performance.