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The IFSC Branch was inaugurated by Mr. Amar Shah, Chief Business Officer, ICICI Prudential AMC. Also, seen in the picture are Ashutosh Mishra, Principal Officer - IFSC, GIFT City, Jayur Shah, Regional Head - Retail Sales & Distribution – Gujarat, Abhin Shah, Fund Manager - IFSC, GIFT City, and Shradha Thakkar, Lead - Strategic Product Development, ICICI Prudential AMC.
ICICI Prudential Asset Management Company Limited (the ‘AMC’) has established a branch in International Financial Services Centres, GIFT City, Gandhinagar, Gujarat (the ‘IFSC Branch’).
The IFSC Branch has obtained registration as Registered Fund Management Entity (Retail) (‘Retail FME’) from International Financial Services Centre Authority (‘IFSCA’) under the IFSCA (Fund Management) Regulations, 2025 (‘IFSC Regulations’), to undertake fund management activities for various restricted schemes/ retail schemes/exchange traded funds and such other activities as permitted in accordance with the IFSC Regulations. This expansion reinforces the AMC’s aim to serve as a bridge between global pools of capital and investment opportunities in India.
On the occasion, the AMC’s IFSC Branch has unveiled its first restricted scheme designed to channel international capital into India’s financial market.
Speaking at the inauguration, Mr. Naveen Agarwal, Chief Financial Officer, ICICI Prudential AMC Limited said, “We believe India is at the cusp of a generational shift in its growth trajectory, underpinned by strong demographics, accelerating urbanization, a digital-first economy, and far-reaching policy reforms. This presents an opportunity for long-term investors seeking exposure to Indian markets. With the establishment of the AMC’s branch at GIFT City, we seek to create a global gateway for investors to participate in India through equities, fixed income, alternatives, and hybrid offerings.”
The IFSC Branch is intended to serve as a hub to facilitate engagement with global investors. By leveraging GIFT City’s infrastructure and IFSCA’s globally benchmarked regulatory framework, the IFSC Branch seeks to deliver seamless, transparent, and tax-efficient access to India’s capital markets.
ICICI Prudential Asset Management Company Limited (the “Company”) is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus dated July 8, 2025, (“DRHP”) with the Securities and Exchange Board of India. The DRHP is available on the websites of our Company at www.icicipruamc.com, SEBI at www.sebi.gov.in, the websites of the book running lead managers, Citigroup Global Markets India Private Limited at www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm, ICICI Securities Limited at www.icicisecurities.com, Morgan Stanley India Company Private Limited at www.morganstanley.com/india, Goldman Sachs (India) Securities Private Limited at www.goldmansachs.com, BofA Securities India Limited at https://business.bofa.com/bofas-india, Avendus Capital Private Limited at www.avendus.com, Axis Capital Limited at www.axiscapital.co.in, BNP Paribas at www.bnpparibas.co.in, CLSA India Private Limited at www.india.clsa.com, HDFC Bank Limited at www.hdfcbank.com, IIFL Capital Services Limited (formerly known as IIFL Securities Limited) at www.iiflcap.com, JM Financial Limited at www.jmfl.com, Kotak Mahindra Capital Company Limited at https://investmentbank.kotak.com, Motilal Oswal Investment Advisors Limited at www.motilaloswalgroup.com, Nomura Financial Advisory and Securities (India) Private Limited at www.nomuraholdings.com/company/group/asia/india/index.html, Nuvama Wealth Management Limited at www.nuvama.com, SBI Capital Markets Limited at www.sbicaps.com and UBS Securities India Private Limited at www.ubs.com/indiaoffers., the website of the National Stock Exchange of India Limited at www.nseindia.com and the website of the BSE Limited at www.bseindia.com, respectively. Investors should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the red herring prospectus which may be filed with the Registrar of Companies, Delhi and Haryana at New Delhi, in future, including the section titled “Risk Factors”. Potential investors should not rely on the DRHP filed with SEBI in making any investment decision.
This is not an offer of securities for sale in the United States of America. Equity shares of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the United States Securities Act of 1933, as amended. No public offering of equity shares will be made in the United States.
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