Issue Price
₹520
Per Share
GMP
NIL
Grey Market
Est. Listing
₹520
Expected Price
Min. Application
₹29,120
2 lots × 28 shares
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 company1. Largest Equity Broker in India Powered by Proprietary Technology Platform: ICICIdirect2. Strong and Growing Distribution Business with an “Open-Source” Distribution Model3. Superior Customer Experience through Product and Technology Innovation4. Strategic Component of the ICICI Ecosystem5. Leading Institutional Platform6. Strong Financial Performance with Significant Operating Efficiency
ICICI Securities Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 70,140,308 | 100.00% | ₹3,647.30 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 28 | ₹14,560 |
| Retail (Max) | 13 | 364 | ₹189,280 |
| sNII (Min) | 14 | 392 | ₹203,840 |
| bNII (Min) | 69 | 1,932 | ₹1,004,640 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 1403.90 | 1123.56 | 1209.46 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 337.61 | 235.74 | 243.96 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 2040.16 | 1392.02 | 1361.14 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |