ICICI Bank has fixed a price band of Rs 505-545 per share for its public issue of shares through the book building route opening on December 1.
The public issue of equity shares of ICICI Bank in India, of Rs 5,000 crore (Rs 50 billion) with a greenshoe option of Rs 750 crore (Rs 7.50 billion) will open for bidding through the book building route from December 1 to December 6.
The minimum bid size will be 10 equity shares for retail bidders and existing retail shareholders and bids should be in multiples of 10 equity shares for all bidders.
Retail bidders, including existing retail shareholders, will be allotted shares at a discount of 5 per cent to the issue price determined through the book-building process. The discount amount shall be adjusted in terms of the Red Herring Prospectus either towards the balance amount payable or refunded to the bidders.
© 2025