Deal Highlights

• ICICI Bank is the Second Largest Private Sector Bank in India
• The issue was the largest ever QIP by a Private Sector Bank in India
• The issue was priced at a 1.9% premium to floor price, based on strong anchor feedback
• The issue was subscribed over 4 times the issue size
• The issue witnessed robust response from high quality FIIs and DIIs and was over-subscribed more than 4x with many marquee global investors participating
• The proceeds of the issue will be used towards strengthening the capital adequacy ratio of the bank, improving the bank’s competitive positioning and general corporate requirements

SBICAPS Value Add

• SBICAPS played a leading role in generating demand and driving superior price performance for the issue through a sharply targeted international and domestic sales program.
• SBICAPS procured strong demand from marquee, high-quality domestic and international Long Only investors ensuring robust response from allocated investors and significantly influencing many others.