ICICI Securities IPO, Review, IPO Performance by IPOPlatform India

About ICICI Securities

Company Information

ICICI Securities Limited is a leading technology-driven securities firm in India, offering a wide range of financial services, including brokerage, financial product distribution, and investment banking, catering to both retail and institutional clients. Since fiscal 2014, it has been the largest equity broker in India by brokerage revenue and active customers on the National Stock Exchange (NSE), according to CRISIL. The firm's significant retail brokerage business accounted for 90.5% of the revenue from its brokerage services in fiscal 2017. As of September 30, 2017, its award-winning proprietary electronic brokerage platform, ICICIdirect, had approximately 3.8 million operational accounts, with 0.7 million having traded on the NSE in the past 12 months. By that date, the platform had acquired a total of 4.4 million customers.

Object of Issue

Achieve the benefit of listing the Equity Shares on the Stock Exchanges and for the sale of Equity Shares by the Promoter Selling Shareholder
Listing of Equity Shares will enhance its visibility and brand image and provide liquidity to its existing shareholders

ICICI Securities MainBoard IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

Apr, 2018

IPO Size :

4016.97 Cr.

IPO Subscription :

0.78 X

PE Multiple :

31.00

Merchant Banker :
Bofa Securities India Limited

IPO Registrar:
Kfin Technologies Limited

FAQs

1. What is ICICI Securities IPO?

ICICI Securities operates in Banking And Finance and Financial Services. The Issue is listed on MainBoard in Apr, 2018. ICICI Securities IPO size was 4016.97 Cr. with Issue price of 520.00 .

2. Who is the merchant banker of ICICI Securities IPO?

Merchant Banker(s) of ICICI Securities IPO: Bofa Securities India Limited , Citigroup Global Markets India Private Limited , Clsa India Private Limited , Edelweiss Financial Services Limited

3. How many times ICICI Securities IPO was subscribed?

ICICI Securities IPO subscription was 0.78 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of ICICI Securities IPO?

ICICI Securities IPO listed at a listing price of 445.05 against the offer price of 520.00.

5. What is the current market price of ICICI Securities IPO?

The current market price of ICICI Securities is 818.45.