Nuvama Wealth Management Ltd has successfully closed a transaction of INR 106,027 mn as the BRLM to ICICI Prudential Asset Management on IPO issue. The company is a leading Indian investment manager, ranking as the second-largest in India with over ₹11.4 lakh crore in AUM as of late 2025. Established in 1993, it is a joint venture between ICICI Bank and Prudential Plc, offering mutual funds, PMS, and AIFs, with a strong focus on equity-oriented schemes.
Advised in the sale of
ICICI Prudential Asset Management
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