ICICI Bank shines on raising $750 million through bonds issue

17 Aug 2012 Evaluate

ICICI Bank is currently trading at Rs. 957.55, up by 1.05 points or 0.11% from its previous closing of Rs. 956.50 on the BSE.

The scrip opened at Rs. 959.20 and has touched a high and low of Rs. 968.90 and Rs. 956.20 respectively. So far 1, 20,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 998.50 on 21-Feb-2012 and a 52 week low of Rs. 641.00 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs. 976.05 and Rs. 936.60 respectively. The current market cap of the company is Rs. 1, 10,401 crore.

The Institutions and Non-Institutions held 62.64% and 9.97% respectively.

ICICI Bank has raised $750 million by way of an issue of bonds, in the international market. The bank has issued these notes at 99.813% of the value of the bonds, which were 5.5-year fixed rate notes carrying a coupon rate of 4.7%. In total 312 investors has subscribed to the issue. The total value of subscription amounted to $5.7 billion with an over subscription of 7.6 times.

The bank has registered a rise of 36.24% in its net profit at Rs 1815.05 crore for the quarter under review as compared to Rs 1332.20 crore for the same quarter in the previous year. Total income of the bank has increased by 23.37% at Rs 11425.57 crore for Q1FY13 as compared Rs 9261.41 crore for the corresponding quarter previous year.

ICICI Bank Share Price

1294.00 8.30 (0.65%)
23-Dec-2024 14:23 View Price Chart
Peers
Company Name CMP
HDFC Bank 1798.00
ICICI Bank 1294.00
Axis Bank 1077.15
Kotak Mahindra Bank 1745.70
Indusind Bank 944.10
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