ICICI Securities Limited IPO

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ICICI Securities Limited 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. We have been the largest equity broker in India since fiscal 2014 by brokerage revenue and active customers in equities on the National Stock Exchange (Source: CRISIL), powered by our significant retail brokerage business, which accounted for 90.5% of the revenue from our brokerage business (excluding income earned on our funds used in the brokerage business) in fiscal 2017. As of September 30, 2017, ICICIdirect, our award-winning proprietary electronic brokerage platform, had approximately 3.8 million operational accounts of whom 0.7 million had traded on NSE in the preceding 12 months. Since inception, we had acquired a total of 4.4 million customers through this platform as of September 30, 2017.
Company Strengths
(i) Largest Equity Broker in India Powered by Our Proprietary Technology  Platform: ICICIdirect
(ii) Natural Beneficiary of Fundamental Transformation in the Indian Savings Environment
(iii) Strong and Growing Distribution Business with an “Open-Source” Distribution Model
(iiii) Superior Customer Experience through Product and Technology Innovation
(v) Strategic Component of the ICICI Ecosystem
(vi) Leading Institutional Platform
(vii) Strong Financial Performance with Significant Operating Efficiency
(viii) Experienced Senior Management Team

ICICI Securities Limited IPO Stock Quote & Charts

369.90

-2.66%

  • Open: 373.95
  • High - Low: 380.00 - 365.00
  • Previous Close: 380.00
  • Total Traded Volume: 150689
  • Updated On: 21-May-2018

Objects of the Issue:

(i) Offer for Sale (ii) Offer Expenses

Listing Date: Apr 04 2018

Issue Details:

Open Date: Mar 22 2018
Close Date: Mar 26 2018
Total Shares: 7,72,47,508
Face Value: ₹ 5 Per Equity Share
Issue Type: Book Built Issue IPO
Issue Size: 4000 Cr.
Lot Size: 28 Shares
Issue Price: ₹ 519-520 Per Equity Share
Listing At: NSE,BSE
Listing Date: Apr 04 2018

Promoters And Management:

ICICI Bank

Recommendation:

Rating: 4 /10. 1-5: Fair 5-7: Good 7-10: Excellent

Company Address:

ICICI Securities Limited, Shree Sawan Knowledge Park, Plot No. D-507, T.T.C. Industrial Area MIDC, Turbhe, Navi Mumbai 400 705 E-mail: investors@icicisecurities.com Website: www.icicisecurities.com

Bid Details as on 26-Mar-2018 19:45:02 IST

No.of shares offered No. of shares bid No. of total times
22,016,111 22,949,528 1.04
11,008,054 3,908,548 0.36
7,338,703 6,492,136 0.88
- 558,180 -
44,225,343 34,675,704 0.78
No.of shares offered No. of shares bid No. of total times
22,016,111 15,855,224 0.72
11,008,054 2,603,132 0.24
7,338,703 3,939,040 0.54
- - -
44,225,343 23,164,708 0.52
No.of shares offered No. of shares bid No. of total times
22,016,111 7,094,304 0.32
11,008,054 1,305,416 0.12
7,338,703 2,553,096 0.35
- 558,180 -
44,225,343 11,510,996 0.26

    ICICI lombard didn’t have Anchor participation from ICICI MF.. HDFC life didn’t have from HDFC MF..

    ICICI Securities Limited – IPO
    Anchor: 21st March 2018
    Opens: 22nd March 2018
    Closes: 26th March 2028

    Prize Band: INR 519 – 520
    Bid Lot: 28 Equity Shares

    Issue Break-up: Net of Share Holder Portion
    QIB: 75% | INR 2862 Crs
    HNI: 15% | INR 572 Crs
    Ret: 10% | INR 382 Crs

    Shareholder of ICICI Bank: INR 200Crs
    Total Size: INR 4017 Crs.
    (23% of Post offer Paid up equity share capital)

    Lead Managers: Edelweiss & Others

    Recommended =❌❌❌

    12% of all analyst ratings were SELL compared to 45% BUY ratings at Feb end. (6000 ratings across 500 stocks). Now buy ratings are lower and sell higher.

    Everybody is just a momentum chaser.

    The valuation of ICICI Securities are not comfortable in this falling market and who knows till listing where could nifty go. So its better to avoid this.

    I have spent more than 14 years in stock market from 2003 to 2018…

    Have started with TCS IPO to now Bandhan Bank IPO..

    Have seen many ups and down..

    Have seen bleeding market on

    IPO ghotala
    Satyam scam
    Jignesh shah scam
    2008 melt down
    Brexit
    Surgical strike
    Demonatisation
    PNB fraud

    In between 2-3 years left market, again joined as retail investor..

    Always done same mistake of selling all my holding in panic, and many times lost huge amount…

    Now i am quite confident after seeing these events that…

    Every stock rise and falls, in one year every stock mKes new high and new low..

    This situation is Stock making lows, may be after 6 months all stocks making new highs…

    Believe in yourself…

    *This too shall pass*

    Be positive

    Thanks
    Anuj Srivastava

    *ICICI SECURITIES LIMITED IPO*
    _*Subscribtion Figures @ 12:58PM*_
    QIB: 0.99x
    NII: 0.23x
    RII: 0.61x
    Shareholder: 0.26x
    *TOTAL: 0.67x*

    Total No.of Application Approx : ~ 97378 
    Retail Subscription on the basis of Apps : 0.37x

    The company is coming up with the pure OFS vide which promoters are selling shares tuned to 4000 cr. You guys must have seen recent trend of so many OFS hitting primary market. Any Guesses?. The reason is very simply LTCG which is introduced by govt during the budget. The Investors who are selling their shares before 31st March are saving 10% on LTCG. In this very case promoters of ICICI securities are saving money tuned to 400 cr. So beware of such tricks before applying IPOs which are primarily coming with OFS.

    ICICI Securities says successfully closed proposed OFS & raised approximately around Rs 3,500 Cr. Earlier OFS attracted a strong response from anchor investors raising around `1,717 Cr on March 21. QIB portion was fully subscribed as of 8:30 PM on March 26 – cnbc

    RBI slaps Rs 58.9 crore fine on ICICI Bank for failure to meet disclosure norms on sale of securities

    The Equity Shares of ICICI Securities Limited shall be listed and admitted to dealings on the Exchange in the list of ‘B’ Group of Securities.

    Wednesday, April 04, 2018 ..

    BSE Code: 541179

    NSE: ISEC

    ISIN No: INE763G01038