April 17, 2018 11:07 AM IST
"Considering a RoE of over 70 percent for FY17 and the market leadership enjoyed by the company, it may continue to trade at a higher premium. We have a buy rating with target of Rs 480," says Sumit Bilgaiyan, Founder of Equity99.
April 16, 2018 06:37 PM IST
Sustenance of the market share in the broking business and the prospects of higher competition in the distribution business are the two key factors to watch out for.
April 16, 2018 01:36 PM IST
The firm added 4.6 lakh new clients during the year, taking the number of operational accounts to 40 lakh.
April 04, 2018 03:20 PM IST
The stock got listed at Rs 431.10 with a discount of 17.09 per cent over the issue price. During the day, it touched an intra-day high of Rs 462.70 and an intra-day low of Rs 431.10.
April 04, 2018 10:08 AM IST
The stock price debuted at Rs 453.80 on the National Stock Exchange, down 12.73 percent compared to issue price of Rs 520.
April 03, 2018 08:44 PM IST
A total of 67,593,245 equity shares have been allotted at an offer price price of Rs 520 apiece, the upper end of the price band, aggregating to Rs 3,514.85 crore, ICICI Securities said.
March 27, 2018 10:54 AM IST
ICICI Securities today reduced the size of its initial public offer to little over Rs 3,500 crore after the sale elicited a sluggish response, especially from high networth individuals.
March 26, 2018 09:22 PM IST
The offer attracted subscriptions of nearly 78 percent, excluding the anchor portion, till 1945 hours, as per data available with the NSE.
March 26, 2018 02:26 PM IST
The issue consists of an offer for sale of up to 7,72,49,508 equity shares by promoter ICICI Bank, which includes reservation of up to 38,62,475 shares for purchase by the ICICI Bank shareholders.
March 26, 2018 07:13 AM IST
In the ongoing season where most IPOs have barely managed to get subscriptions, the IPO market may turn to be less exciting for those looking to make quick gains or listing gains.
March 23, 2018 08:07 PM IST
The IPO to raise over Rs 4,000 crore received bids for 1,59,57,060 shares against the total issue size of 4,42,25,343 shares, NSE data showed.
March 22, 2018 09:23 PM IST
The IPO of the brokerage firm, part of ICICI group, received bids for 1,30,00,792 shares against the total issue size of 4,42,25,343 shares, NSE data showed.
March 22, 2018 04:12 PM IST
SPA Research has come out with its report on ICICI Securities IPO , The research firm has recommended to “ Subscribe ” the IPO in its research report as on March 21, 2018
March 22, 2018 03:19 PM IST
While implied multiples are certainly towards the higher end prevailing among the peer group, SOTP valuation also reflects that part of the near term growth is priced in the offer
March 22, 2018 12:10 PM IST
HEM Securities has come out with its report on ICICI Securities IPO , The research firm has recommended to “ Subscribe ” the IPO in its research report as on March 21, 2018
March 21, 2018 10:41 PM IST
The issue consists of an offer for sale of up to 7,72,49,508 equity shares by promoter ICICI Bank, which includes reservation of up to 38,62,475 shares for purchase by the ICICI Bank shareholders.
March 21, 2018 10:03 PM IST
The broking subsidiary of the bank has finalised allotment of 3,30,24,165 equity shares to 28 anchor investors at a price of Rs 520 per share.
March 19, 2018 04:42 PM IST
"Distribution business currently contributes about 24 per cent to the company's total revenue amd is growing at a faster pace than brokerage." ICICI Securities executive director Ajay Saraf said.
March 14, 2018 09:01 PM IST
The offer will close on March 26, 2018 and the anchor investor offer will be opened for subscription on March 21.
March 14, 2018 08:32 AM IST
The country's largest private sector lender is likely to raise approximately Rs 4,200 crore by diluting 24 percent equity stake in ICICI Securities through public offer.
February 06, 2018 07:04 PM IST
Going by the draft red herring prospectus (DRHP), the public issue comprises sale of 64,428,280 equity shares, amounting to 20 percent stake, by ICICI Bank.
January 08, 2018 01:35 PM IST
ICICI Securities has come out with its sector report on Cement dated January 08, 2018. Industry volumes likely to be up in low single digit, implying utilisations of 69%.
January 08, 2018 01:25 PM IST
ICICI Securities has come out with its sector report on Aviation dated January 08, 2018. Expect strong top line growth of 25%/24%/16% for IndiGo / SpiceJet / Jet….
January 04, 2018 12:34 PM IST
ICICI has come out with its sector report on Healthcare dated January 04, 2018. Healthcare companies under our coverage to report recovery in revenue growth for the quarter ended Dec'17
January 02, 2018 12:25 PM IST
ICICI has come out with its sector report on Technology dated January 02, 2018. Large Cap IT Firms are being egregiously under-priced, especially in the context of our expectation of positive second derivative on revenue growth in FY19 as well as improving capital allocation across the board.
