BSE See NSE See 48,732.55
41.75 (0.09%)

ICICI Securities IPO receives good response

Gayathri Udyawar
/ Categories: Mindshare, IPO, Markets
Rate this article:

The IPO of ICICI Securities receives 75 per cent subscription at 15:15 hours on last day of offer.


The company which is a subsidiary of ICICI Bank launched its Initial Public Offering on March 22 and closes at 17:00 hours on Monday, March 26, 2018.


With 4,42,25,343 equity share of face value Rs. 5 per share, the company aims to raise around Rs. 4,000 crore. The price band of the IPO is Rs. 519.00-520.00 and minimum lot size is 28 shares.


At 15:15 hours, on Monday, a total of 3,33,46,208 bids were received. Of this 62,13,620 bid were received at cut-off price. The IPO offer was subscribed 75 per cent, according to data provided by NSE.


ICICI Securities is a brokerage firm based in Mumbai. It also provides services including distribution of financial product, investment banking to retail and institutional customers.

Previous Article Dr Reddy’s Lab launches generic version of Aloxi injection
Next Article KEC International secures orders worth Rs. 2,419 crore
Please login or register to post comments.

Get A Call From Industry Experts

Send Otp

   I authorize DSIJ Pvt Ltd to contact me. This will override registry on the NDNC.