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ICICI Bank issue price at Rs 280 per share

Our Bureau

Mumbai , April 8

ICICI Bank has announced an issue price of Rs 280 per equity share for the Rs 3,050-crore public issue.

The issue, which closed on Wednesday, has been subscribed approximately 4.2 times at this price level, said a press release from the bank.

The total demand received for the issue in the price band of Rs 255 to Rs 295 per share is estimated at around Rs 17,900 crore - a subscription of 5.8 times. The issue has a greenshoe option of Rs 450 crore.

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