Analysis-ICICI Prudential AMC IPO
PROs:
High experienced team with long term working in Company
Strong brand with group company of ICICI Bank
Divesified business model; only 9% revenue from ICICI Bank
25% market share in Hydrbid segment; 13.3% market share in equity segment
1.5 crore investers with Company
Good revenue and Profitablity growth
Strong cash flow
Efficient ROE, best in industry
Best funds & FIIs in pre-ipo anchor books
Attractive valuations compared to Peers
CONs:
total IPO money for Offer for Sale (OFS)
company performance dependent on market volatility
high competitive market
