ICICI Pru gets Sebi nod for India's 1st insurance IPO
ICICI Prudential Life Insurance has received the Securities and Exchange Board of India's (Sebi) approval to file its initial public offering (IPO), which will be the first life insurance sector IPO in India. Notably, this will also be the biggest local IPO to hit the market in nearly six years and will raise around ₹5,000 crore.