ICICI Prudential Asset Management Company is close to receiving approval from India's securities regulator, SEBI, for its Initial Public Offering (IPO). The offering is expected to launch next month and could raise up to 100 billion rupees ($1.1 billion), potentially valuing the company at around $11 billion. This IPO is poised to be one of the largest in India this year and could significantly boost the country's IPO market.