ICICI Bank Limited's ('ICICI Bank') subsidiary company, ICICI Securities Limited has filed a draft red herring prospectus with Securities and Exchange Board of India for a public offer of up to 64,428,280 equity shares of face value of Rs. 5 each of ICICI Securities Limited ('Equity Shares'), representing approximately 20.0% of its equity share capital as on date, for cash through an offer for sale of up to 64,428,280 Equity Shares by ICICI Bank.
The offer includes a proposed reservation of up to 3,221,414 Equity Shares (up to 5.0% of the offer) for individual and Hindu Undivided Family ('HUF') shareholders of ICICI Bank.
Shares of ICICI BANK LTD. was last trading in BSE at Rs.303.45 as compared to the previous close of Rs. 304.55. The total number of shares traded during the day was 8531809 in over 3239 trades.
The stock hit an intraday high of Rs. 310.2 and intraday low of 302.7. The net turnover during the day was Rs. 2616600545.