ICICI Securities says IPO raises about $540 million
Indian brokerage ICICI Securities said its initial public offering has raised roughly 35 billion rupees ($540 million), after the three-day book running process ended on Monday.
The offering, in which the brokerage`s parent ICICI Bank was selling shares and had originally targeted to raise as much as 40.17 billion rupees, was not fully subscribed.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.