ICICI Securities Ltd
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They are headquartered in Mumbai, and operate offices in India, the United States, Singapore and Oman. They are a part of the ICICI Group, one of the largest financial conglomerates in the country and promoted by ICICI Bank, India’s largest private sector bank in terms of consolidated total assets.
They are a leading technology-based securities firm in India that offers a wide range of financial services including brokerage, financial product distribution and investment banking and focuses on both retail and institutional clients.
Issue Period
Thursday, Mar 22, 2018 - Monday, Mar 26, 2018
Price Band
Rs. 519 - Rs. 520 per Equity Share
ICICI Securities Ltd
| Issuer | ICICI Securities Ltd (View Report) | |
| Issue Type | 100% Book Built Issue IPO | |
| Issue Period | Issue Opens: Mar 22, 2018 | |
| Issue Closes: Mar 26, 2018 | ||
| Price Brand | Rs. 519 - Rs. 520 per Equity Share | |
| Issue Size(Rs.) | Fresh Issue of 77,249,508 Equity Shares (Rs. 4,009.25* Cr - Rs.4,016.97^ Cr) ICICI bank shareholder’s reservation portion up to 38,62,475 shares (200.46* Cr - 200.85^ Cr) Net offer up to 73,387,033 Equity Shares (Rs.3,808.79 Cr - 3,816.13^ Cr) | |
| Face Value | Rs. 5 per Equity Share | |
| Minimum Order Quantity Retail: | 28 Equity Shares and in multiples thereof | |
| Maximum Bid amount for Retail: | Rs. 2 Lakhs | |
| QIB | 75% of the issue size (5,50,40,276 Equity Shares:2,856.59* Cr – 2,862.09^ Cr) | |
| NIB | 15% of the issue size (1,10,08,054 Equity Shares: 571.32* Cr -572.42^ Cr) | |
| Retail Individual Bidders | 10% of the issue size (73,38,703 Equity Shares: 380.88* Cr - 381.61^ Cr) | |
| Registrar | Karvy Computer Share Private Limited | |
| Listing | NSE & BSE | |
| Book Running Lead Managers | DSP Merrill Lynch, CITI, CITIC CLSA, Edelweiss, IIFL, SBI Capital Markets Limited | |
| * Lower Band; ^ Upper Band | ||
Key Strategies:
- Largest Equity Broker in India Powered by Proprietary Technology Platform: ICICIdirect
- Natural Beneficiary of Fundamental Transformation in the Indian Savings Environment
- Strong and Growing Distribution Business with an “Open-Source” Distribution Model
- Superior Customer Experience through Product and Technology Innovation
- Strategic Component of the ICICI Ecosystem
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