ICICI Bank has become the eighth company on the bourses to cross the Rs 1,00,000 crore mark on the back of recent listing of its fresh 5.81 crore equity shares on the bourses.
Reliance Industries, Reliance Communications, ONGC, Bharti Airtel, NTPC, Infosys and TCS and have already crossed the milestone.
The bank's market capitalisation was at Rs 1,03,003.37 crore (Rs 1,030.03 billion) when its share price was trading at Rs 970.75 down 1.13 per cent on the Bombay Stock Exchange in the afternoon trade.
The scrip surged to an intra-day high of Rs 985 on the exchange on Monday and a total of 6.87
ICICI Bank regained the eighth position in terms of the market cap, which it had lost briefly to realty major DLF after its recent listing on the bourses.
DLF has slipped to the ninth rank with market cap of about Rs 97,359 crore (Rs 973.59 billion), with its shares being traded at Rs 576 in the morning session at the BSE.
ICICI Bank had raised over Rs 5,400 crore (Rs 54 billion) in a follow-on public offer which had received robust investor response getting subscribed 11.50 times.
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