ICICI Securities eyes IPO for next year

ICICI Securitires

ICICI Securities is eyeing IPO for the next year, according to reports.

Report says that the company has hired Bank of America Merrill Lynch, Citigroup, Citi CLSA, Edelweiss and IIFL Holdings for a INR 20bn IPO.

The company plans to file the draft prospectus this month.

ICICI Securities Ltd is a technology-based firm offering a wide range of financial services including investment banking, institutional broking, retail broking, private wealth management, and financial product distribution. ICICI Securities operates out of 75 cities in India and wholly owned indirect subsidiaries in Singapore and New York.

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Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.