ICICI Securities IPO subscribed 88%
The initial share sale of ICICI Securities has received 88 per cent subscription, including the portion set apart for anchor investors, on the last day today.
The offer attracted subscriptions of nearly 78 per cent, excluding the anchor portion, till 1945 hours, as per data available with the NSE.
The IPO of the brokerage firm, part of ICICI group, received bids for 3,46,75,396 shares against the total issue size of 4,42,25,343 shares (without anchor portion), data available with the NSE till 1945 hrs showed.
IRCTC Tourism offers 9-day Puri-Konark-Gaya-Varanasi-Ayodhra-Prayagraj tour starting at Rs 15,100 per person; catch dates, itinerary, other latest details here
Centre launches Chakshu facility allowing citizens to report suspected fraud communication: Check details
India vs England 5th Test Live Streaming: When and where to watch IND vs ENG test series match LIVE on mobile apps, TV, laptop, online
Rs 41,000 crore investment in city gas projects in Northeast, Jammu & Kashmir: Oil Minister Hardeep Singh Puri
Shark Tank India Season 3: From stressful life as CAs to entrepreneurs, how this Gurugram couple's yogamat business idea won 4-Shark deal
FM Nirmala Sitharaman asks GST officers to leverage tech to plug loopholes, better taxpayer services
The portion set aside for qualified institutional buyers (QIBs) was subscribed 1.04 times, non institutional investors 35 per cent and retail investors 88 per cent, as per BSE data.
The IPO is of up to 77,249,508 shares (including anchor portion of 33,024,165 shares). Price band for the issue has been fixed at Rs 519-520.
ICICI Securities last week raised Rs 1,717 crore from anchor investors.
DSP Merrill Lynch, ICICI Securities Limited, Citigroup Global Markets India, CLSA India, Edelweiss Financial Services, IIFL Holdings and SBI Capital Markets are the managers to the issue.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
09:33 PM IST