Yes bank FPO issue at Rs.12 to 13 per Share. Should you subscribe?

About Yes Bank Ltd. (YBL) 

FPO Status: OPEN

YES BANK, established 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. For more information, please visit the Bank’s website at http://www.yesbank.in/ . 

Key Businesses:

• Banking Services to Corporates, MSME and Retail customers
• Investment Banking
• Merchant Banking 
• Brokerage
• Mutual Fund (thru Yes Asset Management)

Key Financials:
CASA Ratio: 30.2%

Growth in Deposits: 5.9%

Website: Click here

Management:

Name	Designation
Prashant Kumar	MD & CEO
Rajan Pental	Group Head & Branch & Retail Banking
Ms. Anita Pai	Group President & COO
_	_

FPO Snapshot: 

Particulars	Details
Dates	15-Jul-2020 to 17-Jul-2020 (Anchor Investor bidding date shall be on 14-Jul-2020)
Face Value	Rs2/share
Price Band	Rs12- Rs 13/share
Discount	Rs.1/share for Employees
Bid lot	1000 shares and multiples
Listing	NSE & BSE
Mode of Payment	UPI / ASBA (Mandatory)

Issue Details: 

Issue Size	~149,833.3bn
QIB	50%
NIB	15%
Retail	35%

Lead Managers	Axis Capital Pvt. Ltd. Yes Securities Ltd. Kotak Mahindra Capital SBI Capital Citigroup Global DSP ML HSBC Securities ICICI Securities

Registrar: KFIN Technologies Pvt. Ltd.

Subscription

Categpry	Subscription
QIB	2.3x
NII	0.68x
Retail	0.51x
Employees	0.35x
Total	1.04x

*final subscription figures may vary

Allotment Status

: Check Allotment status

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