Yes the bank is coming up with 15000 crore FPO on 15th July and will end on 17th July. The company was based in Mumbai in 2004. As we all know Yes Bank is one of the private sector banks in India. Provides Merchant Banking, Investment Banking, and Brokerage businesses through Bank Securities. Yes Asset Management (India) Limited Yes Bank operates a mutual fund business. He is in 28 states and 9 union territories. Checkout Yes Bank FPO Dates, Price Bands, and Market Lot Details.
SBI bought a 49% stake in Yes Bank in 2019 due to the collapse of the bank. SBI has become a shareholder in Yes Bank and now they are coming forward with FPOs to overcome the debt and they also want to increase the capital base.
Company Promoters:
Yes Bank is professionally managed and it doesn’t have any identifiable promoter.
Yes Bank Followon Public Offer Details
| IPO Date | Jul 15, 2020 – Jul 17, 2020 |
| Issue Type | Book Built Issue FPO |
| Issue Size | [.] Eq Shares of ₹2 (aggregating up to ₹15,000.00 Cr) |
| Fresh Issue | [.] Eq Shares of ₹2 (aggregating up to ₹15,000.00 Cr) |
| Face Value | ₹2 Per Equity Share |
| IPO Price | ₹12 to ₹13 Per Equity Share |
| Employee Discount | ₹1 per share |
| Market Lot | 1000 Shares |
| Min Order Quantity | 1000 Shares |
| Listing At | BSE, NSE |
Yes-Bank FPO Tentative Date / Timetable
| Bid/Offer Opens On | Jul 15, 2020 |
| Bid/Offer Closes On | Jul 17, 2020 |
| Finalisation of Basis of Allotment | Jul 22, 2020 |
| Initiation of Refunds | Jul 23, 2020 |
| Credit of Shares to Demat Acct | Jul 24, 2020 |
| IPO Shares Listing Date | Jul 27, 2020 |
Yes Bank FPO Form:
How to apply the Yes Bank FPO? You can apply it via ASBA available in your bank account. Just go to the online net banking login and apply via your Net banking account by selecting the said FPO in the Invest section.
The other option you can apply this via IPO forms download via NSE and BSE. Check out the forms – click NSE Forms & BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Also Check Live IPO of Rossari Biotech Limited
Yes Bank Financial Summary (For the year/period ended (₹ in Million))
| Particulars | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Total Assets | 2,578,321.64 | 3,808,596.10 | 3,124,496.54 |
| Total Revenue | 103,350.56 | 144,879.93 | 130,323.20 |
| Profit After Tax | (164,325.80) | 17,092.66 | 42,332.20 |
Company Contact Information
Yes Bank Ltd
YES BANK Tower, IFC – 2, 15th Floor, Senapati Bapat Marg, Elphinstone (W),
Mumbai 400 013, India
Phone: +91 (22) 3366 9000
Email: shareholders@yesbank.in
Website: https://www.yesbank.in/
Yes Bank FPO Registrar
KFin Technologies Private Limited
Selenium, Tower B, Plot No. 31 & 32 Financial District, Nanakramguda, Serilingampally, Hyderabad 500 032, Rangareddi Telangana, India
Phone: +91 40 6716 2222
Email: einward.ris@kfintech.com
Website: http://www.kfintech.com
Yes Bank Followon Public Offer FAQs
Yes Bank FPO is a main-board FPO of equity shares of the face value of ₹2 aggregating up to ₹15,000.00 Crores.
The issue price of the FPO is ₹12 to ₹13 Per Equity Share. The minimum order quantity is 1000 Shares per application and the offer type is Book Built Issue.
The FPO opens on Jul 15, 2020 and closes on Jul 17, 2020.
KFin Technologies Private Limited is the registrar for the FPO. The shares are proposed to be listed on BSE, NSE.
The Yes Bank FPO opens on Jul 15, 2020 and closes on Jul 17, 2020.
Yes Bank FPO application can be done through banks using ASBA online or through stockbrokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
Yes Bank FPO lot size is 1000 Shares and the minimum order quantity is 1000 Shares.