IPO

Yes Bank Ltd FPO

Mainboard

Listed On: Jul 27, 2020 at ₹ 12.3

₹ 13000 /1000 Shares

15 Jul, 2020

Open Date

17 Jul, 2020

Close Date

23 Jul, 2020

Allotment Date

27 Jul, 2020

Listing Date
IPO Issue Details
  • Issue Price Rs 12/- to Rs 13/- Per Equity Share
  • Face Value Rs 2 Per Equity Share 
  • Issue Price Fresh Issue of 11,55,12,82,051 Equity Shares of Rs 2/- at price of Rs 12 to Rs 13 with aggregating up to Rs 15,000 Cr
  • Listing at NSE, BSE
  • List Price 12.3
  • Listing Date 2020-07-27
  • Lead Manager Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited, Axis Capital Limited, Citigroup Global Markets India Private Limited, DSP Merrill Lynch Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited and YES Securities (India) Limited
  • Registrar KFIN Technologies Private Limited
IPO Details
  • Retail Portion N/A
IPO Documents
RHP
IPO Details


The IPO of is priced at ₹12 - 13 per equity share, which has a face value of Rs 2 Per Equity Share  each, IPO bidding starts from Jul 15, 2020 and ends on Jul 17, 2020. The allotment for IPO will be finalized on Jul 23, 2020. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jul 27, 2020. The company shall list its equity shares on the NSE, BSE. KFIN Technologies Private Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited, Axis Capital Limited, Citigroup Global Markets India Private Limited, DSP Merrill Lynch Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited and YES Securities (India) Limited.


The IPO sets its price band at 12 - 13 for each share. A single application for Yes Bank Ltd FPO must contain at least 1000 shares.

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IPO Subscription Analysis And Details
Retail
2.00x
QIB
5.00x
NII
1.00x
Total
8.00x
As on QIB NII Retail Employee Total
Shares Offered / Reserved 2,75,12,82,051 1,85,00,00,000 4,31,66,66,667 18,18,18,181 9,09,97,66,899
Day 1 15-07-20
1,50,84,81,000 0.55 x 7,14,47,000 0.04 37,06,16,000 0.09 x 91,20,000 0.05 x 1,95,96,64,000 0.22 x
Day 2 16-07-20
3,28,20,56,000 1.19 x 19,62,13,000 0.11 84,35,22,000 0.2 x 1,97,49,000 0.11 x 4,34,15,40,000 0.48 x
Day 3 17-07-20
5,23,48,48,000 1.9 x 1,16,72,17,000 0.63 2,01,74,65,000 0.47 x 5,91,54,000 0.33 x 8,47,86,84,000 0.93 x
Valuations
Earnings Per Share (EPS) Rs (13.08)/-
P/E Ratio (2.04)
RoNW (75.57)%
Net Asset Value (NAV) - As on July 2020 Rs 17.30
IPO - Issue Objectives
1

Ensuring adequate capital to support growth and expansion, including enhancing the Bank's solvency and capital adequacy ratio

IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Yes Bank Limited 1.54 (2.04) (75.57) 29,593.12
IndusInd Limited 1.11 8.74 12.73 35,735.50
RBL Bank Limited 0.91 18.94 4.78 10,696.69
IDFC First Bank Limited 1.04 (5.56) (18.67) 17,962.73
Federal Bank Limited 0.76 7.13 10.63 15,472.20