ICICI Securities Slips 16.3% Below IPO Price On Stock Market Debut

Ashok Leyland stock crash

Gold Silver Reports (GSR) – ICICI Securities Slips 16.3% Below IPO Price On Stock Market Debut — The country’s largest broker had reduced its initial public offering size to Rs 3,500 crore from the initial planned Rs 4,017 crore after shares set aside for high net-worth and retail investors received an underwhelming response.                                              

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ICICI Securities Makes Weak Stock Market Debut

Gold Silver Reports (GSR) – ICICI Securities Makes Weak Stock Market Debut – ICICI Securities listed at a discount of 17 percent at Rs 431 per share on the BSE, compared to its issue price of Rs 520. The stock recovered from its discovery price low and was trading at Rs 455, down 12.5 percent from its issue price.

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