ICICI Securities raise Rs 1,717 cr from anchor investors

NEW DELHI: Ahead of its initial public offer, ICICI Securities on Wednesday raised Rs 1,717 crore from as many as 58 anchor investors. The brokerage firm, part of ICICI group, has decided to allot shares at a price of Rs 520 apiece to anchor investors, including Temasek, Nomura, Fidelity, Blackrock and Fairfax. The company has finalised allocation of little over 3.30 crore shares to 58 anchor investors.