Yes Bank Ltd FPO (Yes Bank FPO) Detail

Jul 15, 2020 - Jul 17, 2020

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.

Product and Services:

1. Investment Banking Solutions
2. Yes First Corporate Credit Card
3. Yes Prosperity Purchase Credit Card
4. Treasury and Risk Management Solutions
5. Loans
6. Transactions Banking Solutions
7. Debt Capital Markets
8. Surplus and Investments
9. Digital Banking

After Yes Bank collapse in 2019, SBI has bought around 49% stake and became the shareholder in the company.

The bank is set to launch FPO (follow-on public offer) on July 15th, 2020 to recover from the huge bad debt and generate funds from the share sale to enhance the capital base.

Competitive Strengths

1. Public-private ownership model
2. Strong technology backbone
3. Strong focus on retail and SME advances
4. Pan India presence

Company Promoters:

Yes Bank is professionally managed and it doesn't have any identifiable promoter.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (₹ in Million)
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

Objects of the Issue:

The proposed utilisation of the net proceeds is for ensuring adequate capital to support growth and expansion, including enhancing the bank's solvency and capital adequacy ratio.

Yes Bank FPO Details

IPO DateJul 15, 2020 - Jul 17, 2020
Issue TypeBook 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 Lot1000 Shares
Min Order Quantity1000 Shares
Listing AtBSE, NSE

Yes Bank FPO Tentative Date / Timetable

Bid/Offer Opens OnJul 15, 2020
Bid/Offer Closes OnJul 17, 2020
Finalisation of Basis of AllotmentJul 22, 2020
Initiation of RefundsJul 23, 2020
Credit of Shares to Demat AcctJul 24, 2020
IPO Shares Listing DateJul 27, 2020

Yes Bank FPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum11000₹13,000
Maximum1515000₹195,000

Note

  • QIB: 50% of the net offer; NIB: 15% of the net offer; Retail: 35% of the net offer
  • Employee reservation portion: ₹200 cr
  • Employee discount: ₹1 per share

Yes Bank FPO Subscription Status (Bidding Detail)

Yes Bank FPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Employee

Total

Shares Offered

2,751,282,051

1,850,000,000

4,316,666,667

181,818,181

9,099,766,899

Jul 17, 2020 18:49

1.90x

0.63x

0.47x

0.32x

0.93x

Yes Bank FPO Prospectus

Yes Bank FPO Rating

1039
3.8
Rating:Rated 3.8 stars

Vote Here ...

Yes Bank FPO Listing Date

Listing DateMonday, July 27, 2020
BSE Script Code532648
NSE SymbolYESBANK
Listing In
ISININE528G01035
IPO Price₹12 per equity share
Face Value₹2 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹12.00
₹12.30
₹12.30
₹12.30
₹12.30
33,964,835
NSE
₹12.00
₹12.30
₹12.30
₹12.30
₹12.30
299,502,649

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 FPO Questions

  1. 1. What is Yes Bank FPO?

    Yes Bank, a leading private sector bank in India has come up with a follow-on public offer (FPO) to raise ₹15,000 Cr. Yes Bank FPO opens on July 15 and closed on Jul 17. The issue is priced at ₹12 to ₹13 per equity share. The minimum order quantity is 1000 Shares. The funds are proposed to be used to support growth and expansion, including enhancing the bank's solvency and capital adequacy ratio.

     

  2. 2. Is Yes Bank FPO worth investing?

    Most analysis and stock brokers recommended investing in Yes Bank FPO. Despite the troubles it has gone through in recent times, the retail investors could invest for short team gains as well as for the long term. The allotment in the retail category for this IPO is on a Proportionate basis (subject to minimum Bid Lot). This means chances of getting allotment increase when you apply for shares worth of Rs 2 lakhs. The public issue is expected to oversubscribe 20 times in retail.

     

  3. 3. How allotment will be done in Yes Bank FPO retail category?

    The allotment in the retail category of Yes Bank FPO will be done on a 'Proportionate basis, subject to minimum Bid Lot'. The market lot and the minimum order quantity are 1000 Shares.

     

  4. 4. How to apply in Yes Bank FPO?

    You can apply in Yes Bank FPO online using the net banking (ASBA) or IPO application provided by your broker (UPI). The issue opens for the public on July 15 and closed on Jul 17. Find steps to apply in Yes Bank IPO through popular brokers at Zerodha, Upstox, ICICI Bank, HDFC Bank and SBI Bank.

     

  5. 5. Who can apply in Yes Bank FPO?

    Following investors can apply in yes Bank FPO:

    1. QIBs
    2. Non-Institutional (Companies, NRI, HUF, Trusts etc.)
    3. Retail Individual (Resident, NRI, HUF)
    4. Eligible Employees

     

Yes Bank FPO FAQs

  1. What is Yes Bank FPO?

    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 is priced at ₹12 to ₹13 per equity share. The minimum order quantity is 1000 Shares.

    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.

  2. How to apply in Yes Bank FPO through Zerodha?

    Zerodha customers can apply online in Yes Bank FPO using UPI as a payment gateway. Zerodha customers can apply in Yes Bank FPO by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in Yes Bank FPO through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'Yes Bank FPO' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When Yes Bank FPO will open?

    The Yes Bank FPO opens on Jul 15, 2020 and closes on Jul 17, 2020.

  4. What is the lot size of Yes Bank FPO?

    Yes Bank FPO lot size is 1000 Shares and the minimum order quantity is 1000 Shares.

  5. How to apply for Yes Bank FPO?

    You can apply in Yes Bank FPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  6. When Yes Bank FPO allotment?

    The finalization of Basis of Allotment for Yes Bank FPO will be done on Jul 22, 2020, and the allotted shares will be credited to your demat account by Jul 24, 2020. Check the Yes Bank FPO allotment status.

  7. When is Yes Bank FPO listing date?

    The Yes Bank FPO listing date is on Monday, July 27, 2020.

Guaranteed Save 60% to 90% Brokerage

You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

Yes Bank FPO Review / Comments

Aniketiaf
815. Aniketiaf  Aug 15, 2020 12:25 I Like It. 3 | I Don't Like It. | Report Abuse Reply
IPO Guru IPO Guru (1100+ Posts, 6800+ Likes)
74वें स्वतंत्रता दिवस की हार्दिक शुभकामनाएं
No trade
814. No trade  Aug 15, 2020 09:23 I Like It. | I Don't Like It. | Report Abuse Reply
#HappyIndependenceDay2020
Padali Srinivasan
813. Padali Srinivasan  Aug 14, 2020 21:02 I Like It. | I Don't Like It. | Report Abuse Reply
Prashant Jain of HDFC Mutual Fund known for his inclination towards public sector stocks lapped up major IT and pharmaceutical companies in equity schemes in July. The top stock bought by him in July was Yes Bank. According to a report by Dolat Capital, the AMC bought 16.35 crore shares of the troubled bank in July.
Padali Srinivasan
812. Padali Srinivasan  Aug 14, 2020 20:59 I Like It. 1 | I Don't Like It. | Report Abuse Reply
One of the funds of HDFC AMC has today bought millions of Yes Bank share.
Cautious ipo
811. Cautious ipo  Aug 5, 2020 10:24 I Like It. 6 | I Don't Like It. 5 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Sell your house..car..bike...and buy YES Bank Truckload...Target 50 next year ???
Default Investor
811.14. Default Investor  Aug 14, 2020 18:10 I Like It. 1 | I Don't Like It. | Report Abuse
I like your confidence level...




Cautious ipo
811.15. Cautious ipo  Aug 14, 2020 19:27 I Like It. | I Don't Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
It was just muhawra idioms ...never sell anything to buy shares in fact...
Cautious ipo
810. Cautious ipo  Aug 14, 2020 09:26 I Like It. | I Don't Like It. | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
803.1. Cautious ipo Aug 12, 2020 18:01 I Like It. | I Don't Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Unable to found exit even week before unlocking qib date , no wonder if friday lower circuit can be seen seems ....so mild painic not ruled out but 25/- on card

As Expected its 15.15 now
No trade
809. No trade  Aug 13, 2020 22:49 I Like It. | I Don't Like It. | Report Abuse Reply
In my opinion :-

For some trading sessions, it will consolidate between the range of 15 - 17.

We should keep watch.
The BuLLz EyE
808. The BuLLz EyE  Aug 13, 2020 15:37 I Like It. 4 | I Don't Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (500+ Posts, 700+ Likes)
Turnover of 72cr+ on NSE today
the stock had some rest today after continuous run on the upside

this will move up again for sure
Aniketiaf
807. Aniketiaf  Aug 12, 2020 09:28 I Like It. 8 | I Don't Like It. 2 | Report Abuse Reply
IPO Guru IPO Guru (1100+ Posts, 6800+ Likes)
There is no harm to book Some profit by short term Investor at 16.35 (BSE)
G J
807.4. G J  Aug 13, 2020 12:52 I Like It. 1 | I Don't Like It. | Report Abuse
Please ignore.
My wrong, these levels are at NSE.

You are right, 17.16 is at BSE.
Sorry.
Anurup
807.5. Anurup  Aug 13, 2020 15:04 I Like It. 2 | I Don't Like It. 2 | Report Abuse
Sir,
Is it adviceable to squareoff in yes bank at 15.9 as I have sold it at 17.16 today.
Please, please advise.
Anurup
806. Anurup  Aug 13, 2020 14:37 I Like It. 2 | I Don't Like It. 1 | Report Abuse Reply
Aniketiaf sir,
Is it adviceable to squareoff yes bank as I m getting about 2000 rupees.
Please advise.
Goodbrother
805. Goodbrother  Aug 13, 2020 09:49 I Like It. 1 | I Don't Like It. | Report Abuse Reply
BoFA might take significant stake in Yes Bank
Goodbrother
805.2. Goodbrother  Aug 13, 2020 10:56 I Like It. | I Don't Like It. | Report Abuse
rumors only as of now..... generally these news get confirmation once the action is performed....
Kishore S
805.3. Kishore S  Aug 13, 2020 11:25 I Like It. | I Don't Like It. | Report Abuse
Thanks for the clarification. Looks like some big hands already transacting in this counter
The BuLLz EyE
804. The BuLLz EyE  Aug 13, 2020 10:14 I Like It. 2 | I Don't Like It. 1 | Report Abuse Reply
IPO Mentor IPO Mentor (500+ Posts, 700+ Likes)
Panic Selling again ??
The BuLLz EyE
804.3. The BuLLz EyE  Aug 13, 2020 10:45 I Like It. | I Don't Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 700+ Likes)
kishore, i have not shared any news
Kishore S
804.4. Kishore S  Aug 13, 2020 10:49 I Like It. | I Don't Like It. | Report Abuse
Sorry Bullzeye. It is supposed to be asked under a different message. Someone posted news that BOFA is buying stake in Yesbank
Cautious ipo
803. Cautious ipo  Aug 13, 2020 09:44 I Like It. | I Don't Like It. | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Monday onward yes bank likely to start trading in trade to trade T group so some panic expected
GargN
802. GargN  Aug 12, 2020 17:48 I Like It. | I Don't Like It. | Report Abuse Reply
Date of unlocking for QIBs please ?
Cautious ipo
802.1. Cautious ipo  Aug 12, 2020 18:01 I Like It. | I Don't Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Unable to found exit even week before unlocking qib date , no wonder if friday lower circuit can be seen seems ....so mild painic not ruled out but 25/- on card
Cautious ipo
802.2. Cautious ipo  Aug 13, 2020 09:42 I Like It. | I Don't Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Some player exit to test 15.65 this morning...
Eagleye
801. Eagleye  Aug 12, 2020 11:03 I Like It. 9 | I Don't Like It. | Report Abuse Reply
IPO Guru IPO Guru (5200+ Posts, 18000+ Likes)
Yes Bank

Tomorrow
NSE 17.05
BSE 17.16

Possible ?

🤔
Quality Comment
801.2. Quality Comment  Aug 12, 2020 15:54 I Like It. 1 | I Don't Like It. | Report Abuse
Thanks for giving confidence about purchase. I have 4000 qty as of now at 12 rs. Should we hold for 2 year? I know after may be few more UC there will be also possible LC. But dont want to play any sort term view. Can you please give your long term view?
Kabir Dass
801.3. Kabir Dass  Aug 13, 2020 09:14 I Like It. | I Don't Like It. 1 | Report Abuse
Target Achieved Eagleye. Today Trading At NSE 17.05 BSE at 17.16
Aniketiaf
800. Aniketiaf  Aug 12, 2020 18:56 I Like It. 9 | I Don't Like It. | Report Abuse Reply
IPO Guru IPO Guru (1100+ Posts, 6800+ Likes)
KrishnaTwentyFour ji,
It's sound great to have a 2000 shares of Yes bank as a profit by just investment of about 71000 in two weeks.

Same way, I have also 4000 shares of Yes bank as a profit. In addition , I have also booked over 50000 as profit. By this way, in 2020, yes Bank is the first counter where my profit reached in six digit.
Hence Yes bank become bonanza for both of us.
I wish, all members of (Chittorgarh.com) will get more fruitful returns in future also.

Thanks.
KrishnaTwentyFour
800.1. KrishnaTwentyFour  Aug 12, 2020 21:13 I Like It. 4 | I Don't Like It. | Report Abuse
Aniket Sir... in my case rossary was bonanza... I had got 5 lots ... though I have sold all above 700..
July aug of 2020 already given much..thank you god for this..
I hope god always give his blessings for all good people...
Padali Srinivasan
799. Padali Srinivasan  Aug 11, 2020 21:34 I Like It. | I Don't Like It. 1 | Report Abuse Reply
Dear friends,
On 24, August 2018, I bought 2000 shares of Yes Bank@405 on the advice of a research house.

It fell to 280 in September,18.
It fell to 140 in May,19

Now, I have bought one lot inFPO@12

This is share market
So I'm sharing.

Please pray that it reaches atleast 200 in my life time.
Thank you
RPM
799.2. RPM  Aug 12, 2020 08:26 I Like It. | I Don't Like It. | Report Abuse
200 rs is unrealistic price, at present it can reach 50 not more than that. If bank does very good in upcoming years then it may reach 100 rs in 5 years or so. 200 rs may not reach before 15 years , considering such a big equity base now.
Earthking
799.3. Earthking  Aug 12, 2020 18:52 I Like It. | I Don't Like It. | Report Abuse
At 16.25₹ market cap of yes bank is 40k crore , simply calculate for 200₹ ... Tough ask ... They have diluted too much so don't expect V shape recovery ... It had to post consistent result in coming quarters to reach at least 50 ₹ ( strictly my view ... P.s. no one is expert in stock market )... The average trading price before fpo is 25-26 so in my opiNion it will settle around 18-20 range in the near term ... Let's c
No trade
798. No trade  Aug 12, 2020 18:30 I Like It. 2 | I Don't Like It. | Report Abuse Reply
Rossari और Mindspace का प्लैटफॉर्म खाली पड़ा है

और


Yes Bank के प्लैटफॉर्म पर सभी दिवाली मना रहे हैं l सभी बम धमाके कर रहे हैं l

आनेवाले सभी नये IPOs से Yes Bank की तरह सभी investors दीवाली मनाते रहें l आज जन्माष्टमी के दिन श्री कान्हा जी मेरी यही प्रार्थना है l

धन्यवाद l




Aniketiaf
797. Aniketiaf  Aug 12, 2020 14:06 I Like It. 6 | I Don't Like It. | Report Abuse Reply
IPO Guru IPO Guru (1100+ Posts, 6800+ Likes)
Btw,
SBI card crossed 800
IPO Mitr
797.1. IPO Mitr  Aug 12, 2020 14:32 I Like It. 2 | I Don't Like It. | Report Abuse
New Member New Member
Longer term recommendation is still HOLD for SBI Card.

But I am keen to know what others are expecting to happen with this stock in short term (less than one month).
KrishnaTwentyFour
797.2. KrishnaTwentyFour  Aug 12, 2020 17:00 I Like It. 2 | I Don't Like It. | Report Abuse
Aniket Sir,
I was about to apply 2 lots in yes bank FPO but ended applied with 4 lots :)
i had brought more 2 lots at 11.5 post listing (as this was the plan when price goes below 12).
Today i have taken out all my principle (sold 4 lots), still holding 2 lots at the price of 11.5 (planning to keep this at least for a year)
thank you, thank you EE mam, thanks to this forum and all supportive members.
AnupAG
796. AnupAG  Aug 12, 2020 15:12 I Like It. 5 | I Don't Like It. 1 | Report Abuse Reply
Chem cho....Maja ma cho....yes bank shareholders....
KrishnaTwentyFour
796.1. KrishnaTwentyFour  Aug 12, 2020 16:52 I Like It. 2 | I Don't Like It. | Report Abuse
He is holding his fingertips to hit on keyboard to buy yes bank as soon as price goes below ₹7....







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App