Friday, June 22, 2007

ICICI Bank FPO subscribed 11.38 times

The follow-on public offer (FPO) of ICICI Bank has been subscribed 11.38 times, according to data on the website of the National Stock Exchange.

The offer of 9.88 crore shares in the price band of Rs 885-950 per share received bids for 112.48 crore shares.

The maximum bids (for over 67 crore shares) have been made at the top end of the offer - i.e at Rs 950 per share.

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