ICICI Securities files DTHP with SEBI for proposed IPO
ICICI Bank announced that its subsidiary, ICICI Securities 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 ('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.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app