ICICI Bank inches up on raising Rs 8,000 crore through bonds
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ICICI Bank is currently trading at Rs. 679.75, up by 1.70 points or 0.25% from its previous closing of Rs. 678.05 on the BSE.
The scrip opened at Rs. 679.45 and has touched a high and low of Rs. 685.35 and Rs. 677.60 respectively. So far 91504 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 859.70 on 25-Oct-2021 and a 52 week low of Rs. 531.00 on 19-Apr-2021.
Last one week high and low of the scrip stood at Rs. 701.00 and Rs. 642.00 respectively. The current market cap of the company is Rs. 471055.67 crore.
The Institutions and Non-Institutions held 89.29% and 10.70% stake respectively in the company.
ICICI Bank has raised Rs 8,000 crore through the allotment of 80,000 senior unsecured redeemable long-term bonds in the nature of debentures on private placement basis. The bonds are listed in the relevant segment of the NSE. There are no special rights/ privileges attached to the bonds, which carry a coupon of 7.12 per cent per annum, payable annually, and were issued at par.
ICICI Bank is a leading private sector bank in India.
