ICICI Securities Ltd IPO (ICICI Securities IPO) Detail

Mar 22, 2018 - Mar 26, 2018

Incorporated in 1995, ICICI Securities Ltd is 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.

They provide equity capital market products including initial public offerings (IPO), further public offerings, rights offerings, convertible offerings, qualified institutional placements, non-convertible debentures, buyback, delisting, and open offers and international offerings for unlisted and listed entities. They offers their services to corporates, financial institutions, high net-worth individuals, and retail investors.

The company operates, an online broking platform for investors to invest in equity, derivatives, currency futures, mutual funds, and other financial products, as well as to access research information, stock picks, and mutual fund recommendations. As of September 30, 2017, ICICIdirect had approximately 3.8 million operational accounts of whom 0.7 million had traded on NSE in the preceding 12 months. Since inception, the company had acquired a total of 4.4 million customers through this platform as of September 30, 2017.

As on September 30, 2017, ICICI Securities' retail brokerage and distribution businesses consists of over 200 of our own branches, over 2,600 branches of ICICI Bank through which our electronic brokerage platform is marketed and over 4,600 sub-brokers, authorised persons, independent financial associates and independent associates.

Strengths of the company

1. Largest Equity Broker in India Powered by Proprietary Technology Platform: ICICIdirect
2. Strong and Growing Distribution Business with an “Open-Source” Distribution Model
3. Superior Customer Experience through Product and Technology Innovation
4. Strategic Component of the ICICI Ecosystem
5. Leading Institutional Platform
6. Strong Financial Performance with Significant Operating Efficiency

Company Financials

Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (in Rs. million)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 20,401.6 13,920.2 13,611.4 16,203.7 9,029.2
Total Revenue 14,039.0 11,235.6 12,094.6 8,117.4 7,049.7
Profit After Tax 3,376.1 2,357.4 2,439.6 733.0 756.6

Objects of the Issue

The objects of the Offer for the Company are to:

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

ICICI Securities IPO Details

IPO Date Mar 22, 2018 to Mar 26, 2018
Listing Date Wednesday, April 4, 2018
Face Value ₹5 per share
Price ₹519 to ₹520 per share
Lot Size 28 Shares
Issue Size77,249,508 shares of ₹5
(aggregating up to ₹4,016.97 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Company Promoters

ICICI Bank Ltd is the promoter of the company. ICICI Bank currently holds 322,141,400 Equity Shares, equivalent to 100% of the pre-Offer issued, subscribed and paid-up Equity Share capital of the company.

ICICI Securities IPO Tentative Timetable

ICICI Securities IPO opens on Mar 22, 2018, and closes on Mar 26, 2018. The ICICI Securities IPO bid date is from Mar 22, 2018 10.00 A.M. to Mar 26, 2018 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Mar 22, 2018
Closing Date Mar 26, 2018
Basis of Allotment Apr 2, 2018
Initiation of Refunds Apr 3, 2018
Credit of Shares to Demat Apr 4, 2018
Listing Date Apr 5, 2018

ICICI Securities IPO Lot Size

The ICICI Securities IPO lot size is 28 shares. A retail-individual investor can apply for up to 13 lots (364 shares or ₹189,280).

Application Lots Shares Amount
Retail (Min) 1 28 ₹14,560
Retail (Max) 13 364 ₹189,280

ICICI Securities IPO Review

Considering the status enjoyed by the company and the earnings growth, Investors may consider investment for long term. Read detail review...

ICICI Securities IPO Subscription Status (Bidding Detail)

The ICICI Securities IPO is subscribed 0.78 times on Mar 26, 2018 7:45:00 PM. The public issue subscribed 0.89 times in the retail category, 1.04 times in the QIB category, and 0.36 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

ICICI Securities IPO Prospectus

ICICI Securities IPO Rating

Rating:Rated 3.6 stars
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ICICI Securities IPO Listing Date

Listing Date Wednesday, April 4, 2018
BSE Script Code 541179
Listing In B Group of Securities
ISIN INE763G01038
IPO Price ₹520 per share
Face Value ₹5 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

ICICI Securities Ltd
ICICI Centre,
H.T. Parekh Marg,
Churchgate, Mumbai 400 020
Phone: +91 22 6637 7100

ICICI Securities IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000

ICICI Securities IPO Review

ICICI Securities IPO Recommendation Summary

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Members 0 0 0

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ICICI Securities IPO FAQs

ICICI Securities IPO is a main-board IPO of 77,249,508 equity shares of the face value of ₹5 aggregating up to ₹4,016.97 Crores. The issue is priced at ₹519 to ₹520 per share. The minimum order quantity is 28 Shares.

The IPO opens on Mar 22, 2018, and closes on Mar 26, 2018.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The ICICI Securities IPO opens on Mar 22, 2018 and closes on Mar 26, 2018.

ICICI Securities IPO lot size is 28 Shares and the minimum order quantity is .

You can apply in ICICI Securities IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for ICICI Securities IPO will be done on Apr 2, 2018, and the allotted shares will be credited to your demat account by Apr 4, 2018. Check the ICICI Securities IPO allotment status.

The ICICI Securities IPO listing date is on Wednesday, April 4, 2018.
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ICICI Securities IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



269. Abhishek Mani |   Link |May 7, 2018 6:18:45 PM
It is an excellent buy at near 350.
268. ManishDwiv |   Link |May 3, 2018 8:06:46 PM
Making new lows. whats the good price to enter?
267. AnkurGoel |   Link |Apr 27, 2018 5:02:48 PM
Source - LIVE Mint

IndoStar Capital Finance's initial public offering will open for subscription on 9 May.

The non-banking financial company is expected to raise around Rs2,000 crore through the IPO. The IPO comprises sale of new shares worth Rs700 crore and a sale of 20 million shares by existing shareholders. IndoStar plans to use the proceeds of the IPO to augment its capital base.

"Our company proposes to utilize the net proceeds from the fresh issue towards augmenting its capital base to meet future capital requirements," the company said in its IPO document.

Investment banks JM Financial, Kotak Mahindra Capital Co., Morgan Stanley India Co., Motilal Oswal Investment Advisors and Nomura Financial Advisory and Securities (India) Pvt. Ltd are managing the share sale.

IndoStar provides structured term financing solutions to corporates and loans to small and medium enterprises. It recently started offering vehicle and housing finance products

IndoStar Capital was started in 2011 by private equity investors Everstone Capital, Beacon India Fund, ACPI Investment Managers and CIDB Capital.
266. AnkurGoel |   Link |Apr 23, 2018 7:09:37 PM
Nazara technologies approved by sebi as per its latest approved list.
265. V |   Link |Apr 20, 2018 9:31:03 PM
Promoter      79.22 %
Public      20.78 %

It seems most of the MFs have accumulated this stock and still might be buying.
I think downward journey is over. Results are also good. Div declared.
I am bullish on this - like what happened in ICICI Pru Life and HDFC Life.
This is my view.
264. Surendra |   Link |Apr 16, 2018 12:31:12 PM
Could any one give details of different bank's cutoff time of IPO online application on last day ?
263. Nisha Sharma |   Link |Apr 19, 2018 7:31:47 PM
ICICI securities, could receive bid for only 67.7 million shares, accumulating to 87.64% of the total issue of 77.25 million shares. So to meet the 90% criteria, ICICI bank had to trim its issue by 12% takings its dilution of stake to 21% from 24% stake to be diluted initially.
262. Ganesh |   Link |Apr 19, 2018 6:23:26 PM
Buch vagi gayo.... Chanda tu NE fasa diya
261. AnkurGoel |   Link |Apr 17, 2018 11:41:16 AM
Capricorn Food Products India Limited IPO is approved by Sebi.
261.1. Arvind Kumar Mishra |   Link |Apr 17, 2018 12:30:34 PM
When it was open pls share details if does
261.2. AnkurGoel |   Link |Apr 17, 2018 4:49:14 PM
It is not opened yet. It will take time.
260. Aniketiaf |   Link |Apr 16, 2018 8:20:09 AM
IPO Guru IPO Guru (1800+ Posts, 10200+ Likes)
ICICI Securities has posted much better than expected Q4 result.
May start decent run.....
260.1. Cautious ipo |   Link |Apr 16, 2018 10:11:17 AM
IPO Guru IPO Guru (1600+ Posts, 1000+ Likes)
Wait for next quarter. Smells cooked
259. juju |   Link |Apr 14, 2018 11:28:38 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Interesting results, let's see what happens on Monday, IPO issue price will be reached or not
258. Final destination |   Link |Apr 13, 2018 8:49:39 PM
It means time to buy now.
257. harit |   Link |Apr 13, 2018 12:34:16 PM
Ashwini gujral's call on CNBC TV 18
Don't don't don't buy Icici security at any point of time
Instead buy edelweiss
256. ARUN KUMAR SHRIVASTAV |   Link |Apr 12, 2018 6:47:33 PM
255. shaakaal |   Link |Apr 11, 2018 11:31:35 PM
IPO Guru IPO Guru (1300+ Posts, 3200+ Likes)
255.1. shaakaal |   Link |Apr 11, 2018 11:33:44 PM
IPO Guru IPO Guru (1300+ Posts, 3200+ Likes)
next target 380
254. Pokemongo |   Link |Apr 11, 2018 5:19:39 PM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
is 400 still a good price to buy? should we wait for lower levels? what's the PE currently and book value
253. ARUN KUMAR SHRIVASTAV |   Link |Apr 10, 2018 5:42:33 PM
252. P M |   Link |Apr 7, 2018 11:10:06 AM
IPO Guru IPO Guru (1100+ Posts, 1100+ Likes)
Lookout notice issued against ICICI Bank CEO Chanda Kochhar, husband Deepak Kochhar & Videocon chief Venugopal Dhoot ----- INDIA TODAY
252.3. Cautious ipo |   Link |Apr 8, 2018 11:53:07 AM
IPO Guru IPO Guru (1600+ Posts, 1000+ Likes)
Prime accused chanda kochar bro in law detained while running away abroad.
252.4. Cool Sunshine |   Link |Apr 9, 2018 2:11:56 PM
gr8. Very strict action is needed within law whoever is convicted irrespective of his/her stature while ensuring no innocent is harassed just because someone has to showcase in election year that corruption will not be tolerated.
251. Cool Sunshine |   Link |Apr 6, 2018 1:30:43 PM
It seems ICICI Sec is going to start its SME platform soon to enable trading & investing in SME stocks.

Discl: Currently do not possess any interest in SME stocks.
251.1. Huzefa |   Link |Apr 8, 2018 5:08:21 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
News source ?
251.2. snp |   Link |Apr 8, 2018 5:24:18 PM
its already started. i received a mail from them last week regarding this.
250. DownriteVJ |   Link |Apr 6, 2018 4:49:29 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
ICICI Sec to consider dividend
250.1. Cool Sunshine |   Link |Apr 6, 2018 11:08:56 PM
Guess it will be peanuts so wouldn't matter. Was there any further news in this regard?