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July 15, 2020 - July 17, 2020

Yes Bank FPO Basis of Allotment

YES BANK LIMITED

(incorporated as Public Limited Company under the Companies Act, 1956 on November, 21, 2003 On May 24, 2004,
we obtained a license to carry on the business of a banking company in India from the Reserve Bank of India under Section 22(1) of the Banking Regulation Act, 1949) Registered & Corporate Office: Nehru Centre, 9th Floor, Discovery of India Building, Dr. Annie Beasent Road, Worli, Mumbai 400018. Tel: +91-22-5669 9000 Fax: +91 -22-2490 0314. Website: www.yesbank.co.in Email: investorsrelations@yesbankltd.com

BASIS OF ALLOCATION

PUBLIC ISSUE OF 70,000,000 EQUITY SHARES OF RS.10 EACH AT A PRICE OF RS. 45 PER EQUITY SHARE FOR CASH AT A PREMIUM OF RS.35 PER EQUITY SHARE AGGREGATING RS. 3,150 MILLION (REFERRED TO AS THE 'ISSUE'), THE ISSUE CONSTITUTES 25.93% OF THE FULLY DILUTED POST ISSUE PAID-UP EQUITY CAPITAL OF YES BANK LIMITED ('ISSUER' OR 'THE BANK').
THE FACE VALUE PER EQUITY SHARE IS RS.10/- EACH AND THE ISSUE PRICE IS 4.5 TIMES OF THE FACE VALUE.

The Issue made throuh the 100% Book Building Process wherin 50% of the Issue Size was to be allocated on a discretionary basis to Qualified Institutional Buyers ('QIBs'), Further, not less than 25% of the Issue was to made available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 25% of the Issue was to made available for alloction on a proportionate basis to Retail individual Bidders, subject to valid bids being received at or above the Issue Price.
The Issue received 256,570 applications for 2039662088 equity shares resulting in 29:13 times subscription. The details of the application received in the Issue from Retail Individual Bidder, Non Institutional Bidder and Qualified Institutional Buyers categories are as under:

Category No. of Applications No. of shares Subscription
Qualified Institutional Buyers 194 1096501650 31.32
Non Institutional Bidders 4199 765555650 43.75
Retail Individual Bidders 252177 177604788 10.15

Final Demand
A sample of the final demand at different bid prices is as under:

Bid Price No. of Shares % of Total Cumulative Total Cumulative % to Total
38 7749900 0.37 2103126750 100.0000
39 29100 0.00 2095376850 99.6315
40 4741650 0.23 2095347750 99.6301
41 1482000 0.07 2090606100 99.4047
42 4619100 0.22 2089124100 99.3342
43 6352350 0.30 2084505000 99.1146
44 3240750 0.15 2078152650 98.8125
45 & at cut off 2074911900 98.66 2074911900 98.6584
2103126750 100.00

The Basis of Allotment was finalized in consultation with The Stock Exchange, Mumbai ('BSE') on July, 4, 2005.

A. Allocation to Retail Individual Bidderrs
The Basis of allocation to the Retail Individual Bidders, who have bid at cut-off or at the Issue Price of Rs.45/- per Equity Share, was finalized in consultation with BSE. The category was over subscribed 9395 times. The total number of shares alloted in this category is 17500050 Equity Shares. The category -wise details of the Basis of Allocation are as under:

Category No. of Applns. % to total Total No. of Shares applied % to total No. of Shares allocated Ratio Total No. of Shares allocated
150 37176 15.06 5576400 3.20 150 3:29 576900
300 36807 14.91 11042100 6.34 150 19:94 1115850
450 19570 7.93 8806500 5.05 150 3:10 880650
600 19210 7.78 11526000 6.62 150 2:5 1152600
750 6530 2.64 4897500 2.81 150 1:2 489750
900 10917 4.42 9825300 5.64 150 3:5 982500
1050 116709 47.27 122544450 70.34 150 26:37 12301800

B. Allocation to Non Institutional Bidders
The Basis of Allocation to the Non Institutional  Bidders, who have at the Issue Price of Rs. 45/- per Equity Share, was finalized in consultation  with BSE. The category was subscribed 43.68 times. The total number of shares allotted in this category is 17499950 Equity Shares. The category-wise details of the Basis of Allocation are as under:

Category No. of Appins. % to total Total No. of Shares applied % to total No. of Shares allocated Ratio Total No. of Shares allocated
1200 286 7.58 343200 0.04 150 2:11 7800
1350 41 1.09 55350 0.01 150 2:9 1350
1500 189 5.01 283500 0.04 150 3:13 6600
1650 23 0.61 37950 0.00 150 1:4 900
1800 67 1.78 120600 0.02 150 2:7 2850
1950 67 1.78 130650 0.02 150 2:7 2850
2100 809 21.45 1698900 0.22 150 8:25 38850
2250 56 1.49 126000 0.02 150 1:3 2850
2400 21 0.56 50400 0.01 150 1:3 1050
2550 9 0.24 22950 0.00 150 1:3 450
2700 9 0.24 24300 0.00 150 1:3 450
2850 5 0.13 14250 0.00 150 2:5 300
3000 86 2.28 258000 0.03 150 5:11 5850
3150 5 0.13 15750 0.00 150 2:5 300
3300 21 0.56 69300 0.01 150 1:2 1650
3450 5 0.13 17250 0.00 150 1:2 450
3600 6 0.16 21600 0.00 150 1:2 450
3750 7 0.19 26250 0.00 150 1:2 600
3900 9 0.24 35100 0.00 150 1:2 750
4050 2 0.05 8100 0.00 150 1:2 150
4200 16 0.42 67200 0.01 150 2:3 1650
4350 114 0.37 60900 0.01 150 2:3 1350
4500 70 1.86 315000 0.04 150 2:3 7050
4650 2 0.05 9300 0.00 150 1:2 150
4800 1 0.03 4800 0.00 150 FIRM 150
4950 20 0.53 99000 0.01 150 3:4 2250
5100 31 0.82 158100 0.02 150 4:5 3750
5250 15 0.40 78750 0.01 150 4:5 1800
5400 4 0.11 21600 0.00 150 3:4 450
5550 16 0.42 88800 0.01 150 4:5 1950
10050 12 0.32 120600 0.02 230 FIRM 2760
20100 5 0.13 100500 0.01 460 FIRM 2300
50100 7 0.19 350700 0.05 1147 FIRM 8029
100050 15 0.40 1500750 0.20 2290 FIRM 34350
200100 5 0.13 1000500 0.13 4581 FIRM 22905
500100 7 0.19 3500700 0.46 11449 FIRM 80143
5000100 2 0.05 10000200 1.31 114466 FIRM 228932
11231100 1 0.03 11231100 1.47 257110 FIRM 257110
11287500 1 0.03 11287500 1.48 258401 FIRM 258401
11625000 1 0.03 11625000 1.52 266127 FIRM 266127
16500000 1 0.03 16500000 2.16 377729 FIRM 377729
20250000 1 0.03 20250000 2.65 463576 FIRM 463576
27795000 1 0.03 27795000 3.64 636301 FIRM 636301
33330000 1 0.03 33330000 4.36 763011 FIRM 763011
69999900 2 0.05 139999800 18.31 1602470 FIRM 3204940

C) Allocation to QIBs

Category FIs/Banks MFs FIIs Insurance Companies VC Total
No. of Shares 2685000 9045000 23140000 120000 15000 35000000

The Committee of Directors for IPO of the company at it's Meeting held at Hyderabad on 5th July, 2005 has approved the basis of allocation of shares and allotted the shares to various successful applicants.

The Refund Orders have been dispatched to the address of the investors as registered with the depositories. In case the same is not received within ten days, investors may contact at the address given below. The Refund Orders have been printed with the Bank Mandate details as registered, if any, with the depositories. The shares allocated to successful applicants have been credited to their beneficiary accounts subject validation of the account details with the depositories concerned. Yes Bank Limited is taking steps to get the equity shares admitted for trading on The Stock Exchange, Mumbai and the National Stock Exchange of Inida Limited within seven working days from the date fo approval of the basis of allocation.

INVESTORS PLEASE NOTE
The details of the alloction made would be hosted on the website of Registrars to the issue, Karvy Computershares Private Limited at www.karvy.com or http://kcpl.karvy.com

All future correspondence in this regard may kindly be addressed to the Registrars to the Issue quoting full name of the First/Sole applicant, Serial numberr of the bid-cum-application form, number of shares bid for, name of the Member of the Syndicate and Place where the bid was submitted and payment details at the address given below:

Karvy Computershares Private Limited
Unit: Yes Bank Limited, Karvy House, 46, Avenue 4, Street No.1, Banjara Hills, Hyderrabad -500034, Fax: 040-23311968, Email: yesbankipo@karvy.com or mailmanager@karvy.com

TOLL FREE - HELPLINE NUMBERS : 1-600-3454001

Place : Mumbai
Date  : July 6, 2005

For YES BANK LIMITED
Sd/-     
Danish Shah
Compant  Secretary & Compliance Officer

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF YES BANK LIMITED.

Yes Bank FPO Basis of Allotment FAQs

Check the basis of allotment document above to know about how the shares are allocated in Yes Bank FPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).

The Yes Bank FPO basis of allotment (published above) tells you how shares are allocated to you in Yes Bank FPO and category wise demand of IPO share.

Visit the Yes Bank FPO allotment status page to check the number of shares allocated to your application.

Check the basis of allotment document above to know about how the shares are allocated in Yes Bank FPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).