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ICICI Bank: FPO priced at Rs 940 a share
Monday, June 25, 2007 business-standard.com
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Stock market
)
ICICI Bank today priced its follow-on equity offer at Rs 940 a share. It priced its American depositary share (ADS) offering of $2.14 billion at $49.25 per ADS, translating into a price of about Rs 1,002.5 per equity share and representing a premium of about 6.6 per cent over the domestic issue price.Each ADS represents two equity shares of the bank.
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