ICICI Bank Shares: Block Trade Worth Rs. 81.05 Crores Executed on NSE

1 min read     Updated on 17 Jul 2025, 10:52 AM
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Shriram SScanX News Team
Overview

A significant block trade of ICICI Bank Ltd. shares occurred on the National Stock Exchange (NSE). Approximately 573,873 shares were traded at Rs. 1,412.30 per share, totaling Rs. 81.05 crores. The transaction highlights continued interest in one of India's leading private sector banks. While the identities of the buyers and sellers remain undisclosed, this event may draw attention to ICICI Bank's current market position.

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*this image is generated using AI for illustrative purposes only.

A significant block trade of ICICI Bank Ltd. shares took place on the National Stock Exchange (NSE), marking a notable transaction in the banking sector. The trade involved a substantial volume of shares changing hands, highlighting continued interest in one of India's leading private sector banks.

Block Trade Details

The block trade consisted of approximately 573,873 ICICI Bank shares, which were transacted at a price of Rs. 1,412.30 per share. The total value of this trade amounted to Rs. 81.05 crores, representing a considerable movement of capital in a single transaction.

Market Implications

Block trades of this magnitude are often closely watched by market participants as they can provide insights into institutional investor sentiment or significant shareholder movements. While the identities of the buyers and sellers in this transaction remain undisclosed, as is typical in block trades, the event itself may draw attention to ICICI Bank's current market position.

About ICICI Bank

ICICI Bank is one of India's largest private sector banks, offering a wide range of banking products and financial services to corporate and retail customers. The bank has a significant presence in both domestic and international markets.

This block trade, while a notable market event, should be viewed in the context of ICICI Bank's overall trading volume and market capitalization. Investors and analysts may monitor for any potential impact on the bank's stock price or trading patterns in the coming sessions.

As always, market participants are advised to conduct their own research and consider multiple factors when making investment decisions.

Historical Stock Returns for ICICI Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-0.23%+0.55%-0.63%-4.52%+4.82%+164.78%
ICICI Bank
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ICICI Prudential AMC Successfully Lists Following IPO Completion

1 min read     Updated on 09 Jul 2025, 07:50 AM
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Reviewed by
Radhika SScanX News Team
Overview

ICICI Prudential Asset Management Company has successfully completed its initial public offering and commenced trading on BSE and NSE from December 19, 2025. The IPO involved Prudential Corporation Holdings Limited selling 48,972,994 equity shares at ₹2,165 per share, while ICICI Bank confirmed its intention to retain majority shareholding in the asset management subsidiary.

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*this image is generated using AI for illustrative purposes only.

ICICI Bank , one of India's leading private sector banks, has announced the successful completion of its subsidiary ICICI Prudential Asset Management Company's (ICICI AMC) initial public offering and subsequent listing on stock exchanges. The company has been listed on BSE Limited and National Stock Exchange of India Limited effective December 19, 2025.

IPO Completion and Listing Details

The IPO process has been successfully concluded with the following key details:

Parameter: Details
Shares Sold: 4.90 crore equity shares
Face Value: ₹1.00 per share
Issue Price: ₹2,165.00 per share
Seller: Prudential Corporation Holdings Limited
Listing Date: December 19, 2025
Exchanges: BSE Limited and NSE Limited

Prudential Corporation Holdings Limited, ICICI Bank's joint venture partner in the asset management business, sold 48,972,994 equity shares of face value ₹1.00 each at an issue price of ₹2,165.00 per share through the offer for sale component of the IPO.

Strategic Positioning Post-IPO

ICICI Bank has confirmed its intention to retain majority shareholding in ICICI AMC following the successful listing. This strategic decision underscores the bank's commitment to the asset management business and confidence in the subsidiary's growth prospects. The bank had earlier indicated plans to increase its stake by up to 2.00% from Prudential Corporation Holdings Ltd to maintain its controlling position.

Market Implications

The successful listing of ICICI Prudential AMC represents a significant milestone for both the parent company and India's asset management sector. As one of the country's leading asset management firms, ICICI Prudential AMC's public listing provides investors with direct exposure to India's growing mutual fund and asset management industry.

About ICICI Prudential AMC

ICICI Prudential Asset Management Company operates as one of India's prominent asset management firms, offering a comprehensive range of investment products and services. The company's successful transition to a publicly listed entity positions it well to capitalize on the expanding opportunities in India's asset management landscape while maintaining the strategic support of its parent company ICICI Bank.

Historical Stock Returns for ICICI Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-0.23%+0.55%-0.63%-4.52%+4.82%+164.78%
ICICI Bank
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