ICICI Bank IPO is the next mega IPO slated to open in June after the DLF IPO. ICICI Bank IPO is likely to open for subscription on Tuesday June 19 2007 and close for subscription on Friday June 22 2007. ICICI Bank IPO will be open only for 4 days. Investment banks these days seem to prefer shorter duration for IPO’s. Anyway most of the subscription comes in the last 2 days and infact 90% in the last day only. This also gives the lead managers time to revise the price band and extend the IPO incase it is undersubscribed. ICICI Bank will have a greenshoe option and is likely to offer discount to retail investors and hence I feel it would be a safe IPO to invest in. I wish ICICI Bank offers part payment option for retail investors just like the one offered in the DLF IPO.