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Yes Bank Ltd FPO (Yes Bank FPO) Detail

July 15, 2020 - July 17, 2020

Yes Bank FPO is a book built issue of Rs 15,000.00 crores. The issue is entirely a fresh issue.

Yes Bank FPO bidding started from July 15, 2020 and ended on July 17, 2020. The allotment for Yes Bank FPO was finalized on Wednesday, July 22, 2020. The shares got listed on BSE, NSE on July 27, 2020.

Yes Bank FPO price band is set at ₹12 to ₹13 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹13,000.

The issue includes a reservation of up to 181,818,181 shares for employees offered at a discount of Rs 1 to the issue price.

Axis Bank Limited, Bofa Securities India Limited, Citigroup Global Markets India Private Limited, Hsbc Securities & Capital Markets Pvt Ltd, ICICI Securities Limited, Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited and Yes Bank Limited are the book running lead managers of the Yes Bank FPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Yes Bank FPO RHP for detailed information.

Yes Bank FPO Details

IPO Date July 15, 2020 to July 17, 2020
Listing Date July 27, 2020
Face Value ₹2 per share
Price Band ₹12 to ₹13 per share
Lot Size 1000 Shares
Total Issue Size
Fresh Issue[.] shares
(aggregating up to ₹15,000.00 Cr)
Employee Discount Rs 1 per share
Issue Type Book Built Issue FPO
Listing At BSE, NSE

Yes Bank FPO Reservation

Yes Bank FPO a total of 9,099,766,899 shares are offered. QIB: 2,751,282,051 (30.23%), RII: 4,316,666,667 (47.44%), NII: 1,850,000,000 (20.33%).

Anchor Investor Shares Offered-
QIB Shares Offered2,751,282,051 (30.23%)
NII (HNI) Shares Offered1,850,000,000 (20.33%)
Retail Shares Offered4,316,666,667 (47.44%)
Employee Shares Offered181,818,181 (2.00%)
Total Shares Offered9,099,766,899 (100%)

Yes Bank FPO Timeline (Tentative Schedule)

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

IPO Open Date Wednesday, July 15, 2020
IPO Close Date Friday, July 17, 2020
Basis of Allotment Wednesday, July 22, 2020
Initiation of Refunds Thursday, July 23, 2020
Credit of Shares to Demat Friday, July 24, 2020
Listing Date Monday, July 27, 2020
Cut-off time for UPI mandate confirmation 5 PM on July 17, 2020

Yes Bank FPO Lot Size

Investors can bid for a minimum of 1000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 1000 ₹13,000
Retail (Max) 15 15000 ₹195,000
Lot Size Calculator

About Yes Bank Ltd

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 Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (Rs 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 (Yes Bank FPO Objectives)

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 Review (May apply)

[Dilip Davda]  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. Read detail review...

Yes Bank FPO Subscription Status (Bidding Detail)

The Yes Bank FPO is subscribed 0.93 times on Jul 17, 2020 6:49:03 PM. The public issue subscribed 0.47 times in the retail category, 1.90 times in the QIB category, and 0.63 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)


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

Yes Bank FPO Prospectus

Yes Bank FPO Rating

Rating:Rated 3.8 stars
Vote Here ...

Yes Bank FPO Listing Details

Listing Date July 27, 2020
BSE Script Code 532648
ISIN INE528G01035
Final Issue Price ₹12 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Yes Bank FPO Contact Details

Yes Bank Ltd
YES BANK Tower, IFC - 2, 15th Floor,
Senapati Bapat Marg, Elphinstone (W),
Mumbai 400 013, India
Phone: +91 (22) 3366 9000

Yes Bank FPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Yes Bank FPO Questions

  1. Yes Bank, a leading private sector bank in India has come up with a follow-on public offer (FPO) to raise Rs 15,000 Cr. Yes Bank FPO opens on July 15 and closed on Jul 17. The issue is priced at Rs 12 to Rs 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. 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. 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. 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. 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

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 share. The minimum order quantity is 1000 Shares.

The FPO opens on July 15, 2020, and closes on July 17, 2020.

Kfin Technologies Limited is the registrar for the FPO. The shares are proposed to be listed on BSE, NSE.

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.

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

Yes Bank FPO lot size is 1000 Shares, and the minimum amount required is ₹13,000.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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

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

Ranked Members of Forum  Ranked Members | Most Liked Members



834. Jatin Dilip Shah |   Link |Sep 27, 2020 4:48:40 PM
833. MS ASSOCIATE |   Link |Sep 14, 2020 6:40:34 PM
ICICI Lombard General Insurance Company has entered into a bancassurance tie-up with Yes Bank.

832. Prayag |   Link |Sep 12, 2020 10:29:03 PM
ICRA upgrades Yes bank ratings.
Another UC on Monday?
831. The BuLLz EyE |   Link |Sep 11, 2020 11:51:45 AM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
Upper circuit @ 14.55 after a very long time
830. The BuLLz EyE |   Link |Sep 10, 2020 5:59:53 PM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
Yes Bank repays full Rs 50,000 crore to RBI, says no merger plans with SBI
829. The BuLLz EyE |   Link |Aug 25, 2020 5:48:32 PM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
no message today
lagta hai sabne bech diye
829.1. Mr. Singh |   Link |Sep 1, 2020 11:06:14 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Hold kerke baithe hai... hoping for 25+ next year.
828. ARVIND BANSAL |   Link |Aug 28, 2020 9:26:00 AM
D mat a/c open karna h kisme a/c open karaye jiski brockage kam ho
828.1. The BuLLz EyE |   Link |Aug 28, 2020 9:43:03 AM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
if you ignore brokerage, i think Sharekhan is most user friendly
828.2. Mr. Singh |   Link |Aug 31, 2020 9:15:53 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Go for any top discount broker like zerodha, angel, 5paisa etc.
827. sonal patel |   Link |Aug 24, 2020 10:41:24 PM
IPO Guru IPO Guru (1500+ Posts, 5600+ Likes)
Happiest Minds gets Sebi's nod to launch IPO
826. The BuLLz EyE |   Link |Aug 24, 2020 1:18:53 PM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
Why is this sinking again?
825. The BuLLz EyE |   Link |Aug 19, 2020 9:14:22 PM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
Few positive news:

Yes Bank offloads 8.3% stake in CG Power, hedge fund sells 1.77 lakh shares in Som Distilleries

Yes Bank repays Rs 35,000 crore to RBI
825.1. Sunny Sen |   Link |Aug 24, 2020 12:06:06 PM
This is really good and great news for retail investor. Wowoooo
824. Aniketiaf |   Link |Aug 24, 2020 10:01:06 AM (1800+ Posts, 10200+ Likes)
Again added a few at 14 .95
823. Aniketiaf |   Link |Aug 17, 2020 3:24:12 PM (1800+ Posts, 10200+ Likes)
Added a little qty of Yes bank @ 14.32
823.2. Aniketiaf |   Link |Aug 20, 2020 9:56:43 AM (1800+ Posts, 10200+ Likes)
Sold a little @ 16.35
823.3. Anurup |   Link |Aug 20, 2020 3:55:17 PM
Sir jee
I have followed you this time also exactly at the time/rate of purchase and at rate of sell and booked about 14% profit in just two days. ????????????????
Thank you sir.
Keep guiding/indicating us as usual .
822. The BuLLz EyE |   Link |Aug 19, 2020 4:17:51 PM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
16.55 on NSE almost certain tomorrow
821. AnupAG |   Link |Aug 18, 2020 8:42:13 PM
Sometimes, its not a stock but its your entry point which makes a big big difference.

VILLAIN for many and HERO for few ..

"Yes Bank" - Still Shining ????
821.1. mark bab |   Link |Aug 19, 2020 1:44:45 PM (200+ Posts)
820. The BuLLz EyE |   Link |Aug 17, 2020 3:47:46 PM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
Another U-Turn is possible tomorrow ?
High probability
820.1. The BuLLz EyE |   Link |Aug 18, 2020 9:38:48 AM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
yes it happened
hope market remains positiive
820.2. The BuLLz EyE |   Link |Aug 19, 2020 11:47:35 AM
IPO Mentor IPO Mentor (700+ Posts, 1100+ Likes)
we may see 17+ in the current upside move of the stock before it starts correcting again
819. MS ASSOCIATE |   Link |Aug 18, 2020 5:11:47 PM
818. Kajal Trivedi |   Link |Aug 18, 2020 1:31:03 PM
UC 15.05 at NSE (Yes Bank)
817. JAY ANSHUMAN |   Link |Aug 18, 2020 1:03:51 PM
816. Earthking |   Link |Aug 17, 2020 9:19:54 PM
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
I am planning to add some qty tomorrow ... May be trend reversal expected in the next two sessions ...
815. AnupAG |   Link |Aug 17, 2020 4:55:20 PM
@Aniketiaf sir you are rocking this forum...hats off to you...