ICICI Bank Limited FPO Message Board (Page 27)

8. Kamal  Jun 16, 2007 18:30
Hi Raju
If the IPO is priced, say, Rs.900, for retail investors the same would be offered at Rs.855 (Rs. 45 discount which is 5%).
7. RAJU  Jun 16, 2007 17:34
what is mean by 5% discount to retail invester.Can anyone please give details.
6. Varun  Jun 16, 2007 14:18
I think it should be btw 850-900...but even then it is a great loss to existing icici holders as fpo will be on 5 % discount from the price to retail investors..
5. Rajesh  Jun 16, 2007 11:48
we should take in portfolio from secondary market between range of 800-850/-easily during the period of ipo close and alloting the trust me.


4. Kamal  Jun 16, 2007 10:52
One very important thing for retail investors. As per SEBI Guidelines, FPO listing price should not be more than 20% of last quoted price. I am not sure about the current SEBI Guidelnes. So, if anybody expects more than 20% gain on this FPO, must ascertain the fact first and then only apply.
3. Kamal  Jun 16, 2007 10:39
Hi Sunil
The price band will be decided by ICICI on 18th. The market expectation is between 830 abd 880. However, ICICI stated that Retail Investors will get 5% discount on IPO price.
2. Sunil  Jun 16, 2007 10:28
What is the price band?
1. RAHUL  Jun 16, 2007 10:19
apply for icici bank fpo
it is the 4th issue & every time gives profit