Sunday, June 17, 2007

ICICI Bank Limited FPO opening on June 19

Hi Friends,

Incorporated in 1994, ICICI Bank is part of the ICICI group. ICICI Bank is India's largest private sector commercial bank. ICICI Bank together with its subsidiaries, offer products and services in the areas of commercial banking to retail and corporate customers (both domestic and international), treasury and investment banking and other products like insurance and asset management.

ICICI Bank Limited is BSE / NSE / NYSE (ADR) listed company and coming up with a follow up public issue FPO of [ ]  Equity Shares of Rs 8,750/- Crore, for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs ***/- at lower level and Rs ***/- at upper level for equity share of Rs 10. The issue opens on June 19, 2007, and closes for subscription on June 22, 2007. The equity shares of the company's follow up public offer are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

Click here for more information about ICICI Bank Limited FPO.