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ICICI Securities Ltd IPO (ICICI Securities IPO) Detail

March 22, 2018 - March 26, 2018

ICICI Securities IPO is a book built issue of Rs 4,016.97 crores.

ICICI Securities IPO bidding started from March 22, 2018 and ended on March 26, 2018. The allotment for ICICI Securities IPO was finalized on Monday, April 2, 2018. The shares got listed on BSE, NSE on April 4, 2018.

ICICI Securities IPO price band is set at ₹519 to ₹520 per share. The minimum lot size for an application is 28 Shares. The minimum amount of investment required by retail investors is ₹14,560.

Bofa Securities India Limited, Citigroup Global Markets India Private Limited, Clsa India Private Limited, Edelweiss Financial Services Ltd, Iifl Securities Ltd and SBI Capital Markets Limited are the book running lead managers of the ICICI Securities IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to ICICI Securities IPO RHP for detailed information.

ICICI Securities IPO Details

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

ICICI Securities IPO Reservation

ICICI Securities IPO offers 44,225,343 shares. 22,016,111 (49.78%) to QIB, 11,008,054 (24.89%) to NII, 7,338,703 (16.59%) to RII. 262,096 RIIs will receive minimum 28 shares and (sNII) and (bNII) will receive minimum 392 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered22,016,111 (49.78%)NA
NII (HNI) Shares Offered11,008,054 (24.89%)
Retail Shares Offered7,338,703 (16.59%)262,096
Other Shares Offered3,862,475 (8.73%)NA
Total Shares Offered44,225,343 (100%)

ICICI Securities IPO Timeline (Tentative Schedule)

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

IPO Open Date Thursday, March 22, 2018
IPO Close Date Monday, March 26, 2018
Basis of Allotment Monday, April 2, 2018
Initiation of Refunds Tuesday, April 3, 2018
Credit of Shares to Demat Wednesday, April 4, 2018
Listing Date Wednesday, April 4, 2018
Cut-off time for UPI mandate confirmation 5 PM on March 26, 2018

ICICI Securities IPO Lot Size

Investors can bid for a minimum of 28 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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

About ICICI Securities Ltd

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 (ICICI Securities IPO Objectives)

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 Review (May apply)

[Dilip Davda]  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 March 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 Details

Listing Date April 4, 2018
BSE Script Code 541179
ISIN INE763G01038
Final Issue Price ₹520 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

ICICI Securities Ltd Contact Details

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 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 March 22, 2018, and closes on March 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 March 22, 2018 and closes on March 26, 2018.

ICICI Securities IPO lot size is 28 Shares, and the minimum amount required is ₹14,560.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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

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

Ranked Members of Forum  Ranked Members | Members with Most Likes



269. Abhishek Mani |   Link |  Bookmark |May 7, 2018 5:18:45 PM
It is an excellent buy at near 350.
268. ManishDwiv |   Link |  Bookmark |May 3, 2018 7:06:46 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Making new lows. whats the good price to enter?
267. AnkurGoel |   Link |  Bookmark |April 27, 2018 4:02:48 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 |  Bookmark |April 23, 2018 6:09:37 PM
Nazara technologies approved by sebi as per its latest approved list.
265. V |   Link |  Bookmark |April 20, 2018 8:31:03 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 |  Bookmark |April 16, 2018 11:31:12 AM
Could any one give details of different bank's cutoff time of IPO online application on last day ?
263. Nisha Sharma |   Link |  Bookmark |April 19, 2018 6:31:47 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 |  Bookmark |April 19, 2018 5:23:26 PM
Buch vagi gayo.... Chanda tu NE fasa diya
261. AnkurGoel |   Link |  Bookmark |April 17, 2018 10:41:16 AM
Capricorn Food Products India Limited IPO is approved by Sebi.
261.1. Arvind Kumar Mishra |   Link |  Bookmark |April 17, 2018 11:30:34 AM
When it was open pls share details if does
261.2. AnkurGoel |   Link |  Bookmark |April 17, 2018 3:49:14 PM
It is not opened yet. It will take time.
260. Aniketiaf |   Link |  Bookmark |April 16, 2018 7:20:09 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 |  Bookmark |April 16, 2018 9:11:17 AM
IPO Guru IPO Guru (1900+ Posts, 1100+ Likes)
Wait for next quarter. Smells cooked
259. juju |   Link |  Bookmark |April 14, 2018 10:28:38 PM (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 |  Bookmark |April 13, 2018 7:49:39 PM
It means time to buy now.
257. harit |   Link |  Bookmark |April 13, 2018 11:34:16 AM
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 |  Bookmark |April 12, 2018 5:47:33 PM
255. shaakaal |   Link |  Bookmark |April 11, 2018 10:31:35 PM
IPO Guru IPO Guru (1300+ Posts, 3200+ Likes)
255.1. shaakaal |   Link |  Bookmark |April 11, 2018 10:33:44 PM
IPO Guru IPO Guru (1300+ Posts, 3200+ Likes)
next target 380
254. Pokemongo |   Link |  Bookmark |April 11, 2018 4:19:39 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 |  Bookmark |April 10, 2018 4:42:33 PM
252. P M |   Link |  Bookmark |April 7, 2018 10:10:06 AM (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 |  Bookmark |April 8, 2018 10:53:07 AM
IPO Guru IPO Guru (1900+ Posts, 1100+ Likes)
Prime accused chanda kochar bro in law detained while running away abroad.
252.4. Cool Sunshine |   Link |  Bookmark |April 9, 2018 1:11:56 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 |  Bookmark |April 6, 2018 12:30:43 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 |  Bookmark |April 8, 2018 4:08:21 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
News source ?
251.2. snp |   Link |  Bookmark |April 8, 2018 4:24:18 PM
its already started. i received a mail from them last week regarding this.
250. DownriteVJ |   Link |  Bookmark |April 6, 2018 3:49:29 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
ICICI Sec to consider dividend
250.1. Cool Sunshine |   Link |  Bookmark |April 6, 2018 10:08:56 PM
Guess it will be peanuts so wouldn't matter. Was there any further news in this regard?