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