|Issue Date||15/07 - 17/07|
|Issue Size||Rs. 15,000.00 Cr Cr|
|Issue Price||Rs. 12-13|
|Market Lot||1000 Shares|
|Shares on Offer|
|GMP||Rs.0.5 - 0.75|
|Subject to Sauda||N/A|
YES BANK has been recognized amongst the Top and Fastest Growing Banks in various Indian Banking League Tables by prestigious media houses and Global Advisory Firms, and has received several national and international honours for our various Businesses including Corporate Investment Banking, Treasury, Transaction Banking, and Sustainable practices through Responsible Banking.
YES BANK, is a high quality, customer centric and service driven Bank. Since inception in 2004, YES BANK has grown into a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers. YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 28 states and 9 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.
Incorporated in 2003, Headquartered in Mumbai Yes Bank is a private sector bank in India. It has developed as a full-service commercial bank offering banking and technology-driven product and services to fulfill the financial needs of MSME, corporate, and retail customers.
Yes Bank provides merchant banking, investment banking, and brokerage businesses through Yes Securities. The mutual fund business of the company is handled by YES Asset Management (India) Limited, a subsidiary of Yes Bank. It has a pan-India presence across 28 states and 8 Union Territories. One representative office of the bank is also established in Abu Dhabi in March 2020. As of March 31, 2020, the bank has 1,135 branches and 1,423 ATMs. Yes Bank has presence in metro, urban, semi-urban and rural locations across India.
Yes bank suffered a severe setback in line with general trends of the banking sector in general and due to higher NPA following few defaulting advances in particular. Although its pricing indicates negative P/E due to mega losses for FY20, considering its book value and the current market price, the issue is at a sizeable discount. Once the issue proceeds are received, the bank will be on a fast forward mode. Investors may consider investment with a long term perspective but give it a miss if you are thinking of short term.
Yes Bank Ltd FPO will open on 15/07 and close on 17/07.
The offer price of Yes Bank Ltd FPO is Rs.12-13.
The lot size of Yes Bank Ltd FPO is 1000.
The Grey Market Premium (GMP) price of Yes Bank Ltd IPO is Rs.0.5 - 0.75.
The Kostak price of Yes Bank Ltd IPO is Rs.600.
The Subject to Sauda price for Yes Bank Ltd IPO is Not Available at the moment.