ICICI Securities Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 55,973,693 (80%) | — | ₹291,063 Cr |
| NII (HNI) | — | 3,860,724 (6%) | — | ₹2,008 Cr |
| Retail | — | 6,443,416 (9%) | — | ₹3,351 Cr |
| Employee | — | 3,862,475 (6%) | — | ₹2,008 Cr |
| Σ Total | — | 70,140,308 (100%) | — | ₹3,647,296 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 28 | ₹14,560 |
| Retail (Max) | 13 | 364 | ₹189,280 |
| S-HNI (Min) | 14 | 392 | ₹203,840 |
| B-HNI (Min) | 67 | 1,876 | ₹975,520 |
Financial Statements Amount in Crore
| Metric | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 1,404 | 1,124 | 1,209 |
| Profit After Tax | 338 | 236 | 244 |
| Total Assets | 2,040 | 1,392 | 1,361 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
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Company Overview
Incorporated in 1995, ICICI Securities Ltd 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.
They provide equity capital market products including initial public offerings (IPO), further public offerings, rights offerings, convertible offerings, qualified institutional placements, non-convertible debentures, buyback, delisting, and open offers and international offerings for unlisted and listed entities. They offers their services to corporates, financial institutions, high net-worth individuals, and retail investors.
The company operates ICICIdirect.com, an online broking platform for investors to invest in equity, derivatives, currency futures, mutual funds, and other financial products, as well as to access research information, stock picks, and mutual fund recommendations. As of September 30, 2017, ICICIdirect had approximately 3.8 million operational accounts of whom 0.7 million had traded on NSE in the preceding 12 months. Since inception, the company had acquired a total of 4.4 million customers through this platform as of September 30, 2017.
As on September 30, 2017, ICICI Securities' retail brokerage and distribution businesses consists of over 200 of our own branches, over 2,600 branches of ICICI Bank through which our electronic brokerage platform is marketed and over 4,600 sub-brokers, authorised persons, independent financial associates and independent associates.
Strengths of the company
1. Largest Equity Broker in India Powered by Proprietary Technology Platform: ICICIdirect
2. Strong and Growing Distribution Business with an “Open-Source” Distribution Model
3. Superior Customer Experience through Product and Technology Innovation
4. Strategic Component of the ICICI Ecosystem
5. Leading Institutional Platform
6. Strong Financial Performance with Significant Operating Efficiency