ICICI Bank rose 0.99% to Rs 223.90 at 9:24 IST on BSE after the bank through its DIFC (Dubai) branch, priced an issuance of 10 year fixed rate notes of an aggregate principal amount of $700 million.
The announcement was made before market hours today, 15 March 2016.Meanwhile, the S&P BSE Sensex was down 82.91 points or 0.33% at 24,721.37.
On BSE, so far 78,000 shares were traded in the counter as against average daily volume of 21.29 lakh shares in the past two weeks. The stock hit a high of Rs 224 and a low of Rs 221.80 so far during the day. The stock had hit a 52-week high of Rs 342 on 19 March 2015. The stock had hit a 52-week low of Rs 180.80 on 26 February 2016.
The large-bank bank has equity capital of Rs 1162.74 crore. Face value per share is Rs 2.
The notes were sold under the rule 144A/RegS format. The notes carry a coupon of 4% and were offered at an issue price of 99.592, ICICI Bank said.
ICICI Bank's net profit rose 4.5% to Rs 3018.13 crore on 13.1% growth in total income to Rs 17562.95 crore in Q3 December 2015 over Q3 December 2014.
ICICI Bank is one of the leading private sector banks in India.
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