Financial Daily from THE HINDU group of publications
Wednesday, Nov 30, 2005
Financial Daily from THE HINDU group of publications Wednesday, Nov 30, 2005 |
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Money & Banking
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Private Banks Markets - Public Offer ICICI Bank issue price band fixed at Rs 505-545 Our Bureau
Mumbai , Nov. 29 ICICI Bank has fixed a price band of Rs 505-545 per share for its public issue of shares through the book building route opening on December 1, an ICICI Bank spokesperson said. The bank is raising Rs 5,750 crore( including a green shoe option of Rs 750 crore) from the domestic market. This is part of a combined issue of Rs 8,050 crore, including an issue of American Depository Shares. ICICI shares closed Rs 536.40 on the BSE on Tuesday, down by Rs 2.95 from the previous close.
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