ICICI Prudential CIO Anand Shah says IPO supply keeps valuations in check
Anand Shah, CIO of PMS and AIF at ICICI Prudential AMC, said valuations are “remaining in check” due to IPO/share-supply concerns.
Anand Shah, CIO of PMS and AIF at ICICI Prudential AMC, which managed $3.24 billion in assets as of July 31, 2026, said, "The valuations are remaining in check because of all the supply that we are seeing".
He was responding to concerns that India's markets are being flooded with new share sales.Sh…