ICICI Bank shares dip 0.45% as it prices $750 million bond at 5.417% coupon
ICICI Bank shares fell 0.45% to ₹1,409 on Tuesday, August 18, as the bank announced the pricing of a $750 million bond issue through its IFSC Banking Unit. The five-year Senior Unsecured Fixed Rate Notes were priced at a coupon of 5.417% at 1.39 am IST under the bank's $7.5 billion Global Medium Term Note Programme.
The notes are scheduled to be allotted on August 21, 2026, and will mature on August 21, 2031, with interest payments due semi-annually on February 21 and August 21 each year. On the stock exchange, sell-side orders made up 55.33% of the total traded volume, compared to 44.67% on the buy side, as of 11.45 am.
The stock opened at ₹1,410, reached an intraday high of ₹1,416.20, and dipped to a low of ₹1,407.20. Trading activity saw 31.14 lakh shares change hands, valued at ₹439.12 crore, with a deliverable quantity of 67.46% of the total traded volume.
ICICI Bank's total market capitalisation stood at ₹10,11,137.89 crore, with a free float market cap of ₹10,06,929.54 crore. The stock's price-to-earnings ratio was 18.11, and its annualised volatility was recorded at 23.31%.
Despite the intraday decline, the bank's stock remains up 5.31% year-to-date, has gained 48.21% over the past three years, and risen 104.71% over five years. These returns outpace the Nifty 50's performance of -7.45%, 25.31%, and 46.04% over the same periods. The stock's 52-week high is ₹1,480, reached on July 20, 2026, placing the current price about 4.8% below that peak.
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