India: ICICI Pru Life's $904m IPO sees strong demand, subscribed 10.44 times

India: ICICI Pru Life's $904m IPO sees strong demand, subscribed 10.44 times

Photo: Bloomberg

India’s ICICI Prudential Life Insurance Co Ltd saw strong demand on Wednesday for its up to $904 million initial public offering, the nation’s biggest for six years, with investors putting in orders for more than 10 times the number of shares on offer.

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