Notice No.   20201208-24   Notice Date   08 Dec 2020
Category   Trading   Segment   Equity
Subject   Opening of Offer for Sale for ICICI Securities Limited
Attachments   OFS Notice_ICICI_Sec.pdf ;

Trading and Custodian Members of the Exchange are requested to refer to notice nos. 20190118-43 dated January 18, 2019 and 20200701-27 dated July 01,2020, detailing Revised Guidelines for Bidding in Offer for Sale (OFS) Segment. The above guidelines were issued by the Exchange with reference to Securities and Exchange Board of India (SEBI) circular no. SEBI/HO/MRD/DOPI/CIR/P/2018/159 dated December 28, 2018 regarding “Review of Offer for Sale (OFS) of Shares through Stock Exchange Mechanism”.

All Market Participants are hereby informed that the ICICI Bank Ltd. (the “Seller”), being promoter of ICICI Securities Ltd (the "Company")proposes to sell upto an aggregate of 71,21,403 Equity Shares (representing 2.21% of the total issued and paid-up equity share capital of the Company) (Offer Size) on December 9, 2020 ("T Day") (for non-Retail Investors only) and on December 10, 2020 ("T + l Day") (for Retail Investors and for un-allotted non-Retail investors from T Day, who choose to carry forward their bids) through a separate, designated window of BSE Limited ("BSE") and National Stock Exchange of India Limited ("NSE and together with BSE, the "Stock Exchanges"), and in accordance with: (a) The 'Comprehensive Guidelines on Offer for Sale of shares by Promoters through Stock Exchange Mechanism · issued by the Securities and Exchange Board of India ("SEBI") vide circular no. CIRIMRD/DP/18/20 12 dated July 18, 2012, as amended by circular (number CIR/MRD/DP/04/2013) dated January 25, 2013, circular (number CIRIMRD/DP/17/20 13) dated May 30, 2013, circular (number CIRIMRD/DP/24/2014) dated August 8, 2014, circular (number CIR/MRD/DP/32/20 14) dated December I, 2014, circular (number CIRIMRD/DP/12120 15) dated June 26, 2015, circular (number CIRIMRD/DP/36/2016) dated February 15, 2016, circular (number CIR/MRD/DP/65/20 17) dated June 27, 2017 and circular no. SEBI/HO//MRD/DOPI/CIRIP/201811 59 dated December 28, 2018 read together with Section 21 of Chapter I of the 'Master Circular for Stock Exchange and Clearing Corporation', issued by SEBI vide its circular no. SEBI/HO/MRD/DP/CIR/P/117 dated October 25, 2019 (together referred to as "SEBI OFS Circulars");Revised Guidelines for Bidding in Offer for Sale (OFS) Segment" issued by BSE through its notice no. 20190118-43 dated January 18,2019 and, to the extent applicable, the previous notices issued by BSE in this regard.

The particulars of the above offer for sale are attached to this notice.

The floor price of the Offer shall be Rs. 440/- (Rupees Four Hundred and Forty   only) per Equity Share of the Company. 

 Market participants are further requested to note that the Exchange would disseminate the details of this Offer for Sale on BSE Website –


Bhushan Mokashi

Addl. General Manager

Listing Sales & Ops

December 8, 2020