Bookbuilding FPO | ₹10,062 Cr | Listed at BSE, NSE | Tue, Jun 19, 2007 - Fri, Jun 22, 2007
ICICI Bank FPO is a book build issue of ₹10,062.50 crores. The issue is entirely a fresh issue of 10.88 crore shares of ₹10,062.50 crore.
ICICI Bank FPO bidding started from Jun 19, 2007 and ended on Jun 22, 2007. The shares got listed on the NSE and the BSE on Jul 6, 2007.
ICICI Bank FPO is set final issue price at ₹940 per share. The lot size for an application is 6. The minimum amount of investment required by an individual investor (retail) is ₹5,700 (6 shares) (based on upper price). The lot size investment for sNII is 36 lots (216 shares), amounting to ₹2,03,040, and for bNII, it is 178 lots (1,068 shares), amounting to ₹10,03,920.
BOFA Securities India Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to ICICI Bank FPO RHP for detailed Information.
FPO Open
Tue, Jun 19, 2007
FPO Close
Fri, Jun 22, 2007
Issue Price
₹940 per share
Market Cap (Pre-IPO)
₹95,101.49 Cr
| IPO Date | 19 to 22 Jun, 2007 |
| Listed on | Fri, Jul 6, 2007 |
| Face Value | ₹10 per share |
| Price Band | ₹885 to ₹950 |
| Issue Price | ₹940 per share |
| Lot Size | 6 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding FPO |
| Listing At | BSE, NSE |
| Retail Discount | Rs 50.00 per share |
| Total Issue Size | 10,87,98,522 shares (agg. up to ₹10,062 Cr) |
| Fresh Issue | 10,87,98,522 shares (agg. up to ₹10,062 Cr) |
| Share Holding Pre Issue | 90,28,57,381 shares |
| Share Holding Post Issue | 1,01,17,17,992 shares |
| BSE Script Code / NSE Symbol | 532174 / ICICIBANK |
| ISIN | INE090A01021 |
ICICI Bank FPO comprises a total issue size of 10,88,60,611 shares. The net offer to the public is 10,70,75,709 shares, after excluding 17,84,902 shares under a preferential allotment. Of the Net offer 5,35,37,855 (50.00%) are allocated to QIB, 1,60,61,356 (15.00%) allocated to NII 3,74,76,498 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 5,35,37,855 | 50.00% | 49.18% | NA |
| NII (HNI) Shares Offered | 1,60,61,356 | 15.00% | 14.75% | NA |
| Retail Shares Offered | 3,74,76,498 | 35.00% | 34.43% | 62,46,083 |
| Preferential Reservations | ||||
| Shareholders Shares Offered | 17,84,902 | 1.64% | NA | |
| Total Shares Offered | 10,88,60,611 | 100.00% | 100.00% | |
Investors can bid for a minimum of 6 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6 | ₹5,640 |
| Retail (Max) | 35 | 210 | ₹1,97,400 |
| S-HNI (Min) | 36 | 216 | ₹2,03,040 |
| S-HNI (Max) | 177 | 1,062 | ₹9,98,280 |
| B-HNI (Min) | 178 | 1,068 | ₹10,03,920 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only shareholder | Up to ShareHolder Reservation | Allowed only if bidding amount is upto Rs 2 lakhs |
| Shareholder + RII/NII |
|
Yes for shareholder/RII |
Note: To be eligible for the Shareholder Quota, you must hold shares in one of the following companies:
Incorporated in 1994, ICICI Bank is part of the ICICI group. ICICI Bank is India's largest private sector commercial bank. ICICI Bank together with its subsidiaries, offer products and services in the areas of commercial banking to retail and corporate customers (both domestic and international), treasury and investment banking and other products like insurance and asset management.
The Bank’s commercial banking operations for retail customers consist of retail lending and deposits, private banking, distribution of third-party investment products and other fee-based products and services, as well as issuance of unsecured redeemable bonds. The Bank provides a range of commercial banking and project finance products and services to corporations, growth-oriented middle market companies, and small and medium enterprises, including loan products, fee and commission-based products and services, deposits, and foreign exchange and derivatives products.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augment capital base to meet future capital adequacy requirements arising out of growth in our businesses and for other general corporate purposes | 9,952.50 |
| 2 | Estimated Issue expenses | 110.00 |
| Total | 10,062.50 |
The ICICI Bank FPO is subscribed 11.5 times on June 22, 2007 5:00:00 PM (Day 4). The public issue subscribed 1.03 times in the retail category, 21.62 times in the QIB category, and 6.15 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead management, underwriting and selling commission | 55.00 |
| 2 | Other expenses (including advertising, registrars fee, legal fee and listing fee | 55.00 |
| Total | 110.00 |
Retail bidders will be allotted shares at a discount of Rs 50 per share to the issue price determined through the book-building process. Under full payment method, retail bidders are required to pay the full bid amount less the discount, at the time of application.
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹940.00 | ₹940.00 |
| Open | ₹995.00 | ₹1,000.00 |
| Low | ₹962.00 | ₹977.15 |
| High | ₹995.00 | ₹1,010.00 |
| Last Trade | ₹981.55 | ₹981.50 |
Lead Manager Reports
ICICI Bank FPO is a main-board FPO of 10,87,98,522 equity shares of the face value of ₹10 aggregating up to ₹10,062 Crores. The issue is priced at ₹940 per share. The minimum order quantity is 6.
The FPO opens on Tue, Jun 19, 2007, and closes on Fri, Jun 22, 2007.
Kfin Technologies Ltd. is the registrar for the FPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in ICICI Bank FPO using UPI as a payment gateway. Zerodha customers can apply in ICICI Bank FPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in ICICI Bank FPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The ICICI Bank FPO opens on Tue, Jun 19, 2007 and closes on Fri, Jun 22, 2007.
ICICI Bank FPO lot size is 6, and the minimum amount required for application is ₹5,640.
You can apply in ICICI Bank FPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for ICICI Bank FPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the ICICI Bank FPO allotment status.
The ICICI Bank FPO listing date is on Fri, Jul 6, 2007.
