ICICI Securities eyes IPO for next year

ICICI Securities eyes IPO for next year

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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.