
Banking & Financial Services · NSE / BSE
Yes Bank, incorporated in 2003 and headquartered in Mumbai, is a private sector bank in India that offers a full range of banking and technology-driven financial services. It caters to MSMEs, corporates, and retail customers with various banking solutions. Through its subsidiary, Yes Securities, the bank provides merchant banking, investment banking, and brokerage services. Its mutual fund operations are managed by YES Asset Management (India) Limited. The bank has a strong presence across India, operating in 28 states and 8 Union Territories, with a network of 1,135 branches and 1,423 ATMs as of March 31, 2020. It also expanded internationally with a representative office in Abu Dhabi, established in March 2020. Yes Bank serves metro, urban, semi-urban, and rural locations, ensuring widespread accessibility. Its product and service offerings include investment banking solutions, credit cards such as Yes First Corporate Credit Card and Yes Prosperity Purchase Credit Card, treasury and risk management solutions, loans, transaction banking, debt capital markets, surplus and investment solutions, and digital banking services. Following its financial crisis in 2019, Yes Bank saw the State Bank of India (SBI) acquire a 49% stake, becoming a major shareholder. To strengthen its capital base and recover from significant bad debt, the bank launched a follow-on public offer (FPO) on July 15, 2020.
Price Band
₹12 – ₹13
Issue Size
₹15000 Cr
Lot Size
1000 shares
GMP
Est. Listing
₹13
at current GMP
Subscribed
—
Open
15 Jul 2020
Close
17 Jul 2020
Allotment
23 Jul 2020
Refund
24 Jul 2020
Demat Credit
25 Jul 2020
Listing
27 Jul 2020
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 5,769,230,769 | — | 0.00x |
| Non-Institutional (NII / HNI) | 1,730,769,231 | — | 0.00x |
| Retail Individual (RII) | 4,038,461,538 | — | 0.00x |
| Total | 11,538,461,538 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 4,038,462 | 4,038,462 | 1.00x |
| HNIs (10L +) | 25,832 | 25,832 | 1.00x |
| HNIs (2-10L) | 123,626 | 123,626 | 1.00x |
| Total Applications | 4,187,920 | 4,187,920 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Yes Bank Limited FPO is bringing an initial public offering (IPO) in the Banking & Financial Services sector with an aggregate issue size of ₹15,000 Crores. The shares are offered at a price band of ₹12 to ₹13 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2020-07-17, the basis of allotment is scheduled to be finalized on 2020-07-23. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Currently, Yes Bank Limited FPO IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹12 to ₹13 per equity share.
The retail lot size is 1000 shares requiring a minimum application amount of ₹13,000. Expected listing price is ₹13 per equity share.
The Yes Bank Limited FPO IPO aggregate issue size is ₹15,000 Crores with an equity price band set at ₹12 to ₹13 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹13,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2020-07-23. Investors can verify status using PAN card or application number.
Yes Bank Limited FPO shares are scheduled to list on NSE and BSE on 2020-07-27.