Rs 1.3L cr mcap: I-Pru MF most valued Indian fund house

ICICI Prudential Asset Management Co debuted on Friday with a 20% premium, becoming India’s most-valued fund house. The IPO, one of the most subscribed offers ever, saw its stock list at Rs 2,606 and close at Rs 2,587, achieving a market capitalization of nearly Rs 1.28 lakh crore.