ICICI Bank limited has informed the stock exchanges that the partly paid shares of ICICI Bank Limited will be listed on the stock exchanges tomorrow, Thursday, August 9, 2007. Finally investors who invested in the ICICI Bank FPO using the part payment option are being offered an exit opportunity. The fully paid shares of ICICI Bank ended the day at Rs. 884. Since the supply of shares will increase tomorrow, there might be a pressure on the ICICI Bank share prices. After crossing the Rs. 1000 mark a few weeks back, ICICI Bank shares have been steadily falling. ICICI Bank has been one of the worst affected counters in the recent market meltdown. The BSE code for ICICI Bank’s partly paid shares is 532174. A special thanks to Alam for letting me know the listing date of ICICI Bank partly paid shares.
Update : There seems to have been an error regarding the Listing Date. The shares being listed are not partly paid shares but full paid shares of ICICI Bank which have probably been issued due to ESOP’s of ICICI Bank being exercised. I deeply regret inconviniences caused to investors as a result of the wrong information being published. The actual listing date of ICICI Bank’s partly paid shares will be announced here as and when it is available.