ICICI Securities has debuted at Rs 431.10 on the BSE, down by 88.90 points or 17.09% from its issue price of Rs 520.
The scrip is currently trading at Rs 453.00, down by 67.00 points or 12.88% from its issue price. It has touched a high and low of Rs 462.70 and Rs 431.10 respectively. So far 9,43,000 shares were traded on the counter.
The offering was open for subscription between March 22, 2018 and March 26, 2018. The issue received a total of 87.9 per cent bids. The issue price was fixed at Rs 520 per share i.e. at upper end of price band of Rs 519 - 520 apiece.
ICICI Securities provides institutional and retail broking, merchant banking, and advisory services to corporates, financial institutions, high net-worth individuals, and retail investors in India.