Brokers offer the UPI IPO application method.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.

© 2020 Chittorgarh Infotech Pvt Ltd. All Rights Reserved. Our expert team compared The initial public offer (IPO) of Yes Bank Ltd offers an Read the Yes Bank FPO recommendations by the leading analyst and leading stock brokers.Yes Bank FPO offers an opportunity to buy IPO shares before they get listed at the stock exchanges. As on the date of filing of RHP for this offer, the bank is involved in litigations/criminal and other proceedings amounting to Rs. As on the date of filing of RHP, the bank has 2138050 shareholders. With a strong parent backing like SBI. By considering these factors, investors should look to invest in the offer and hold it for a longer period. They offer banking as well as technology-driven product and services to fulfill the financial needs of MSME, corporate, and also retail customers. As of March 31, 2020, it has 50 dedicated SME branches in SME hubs it intends to increase customer base in its corporate banking, medium enterprises banking, SME banking and retail banking business segments through a focused customer relationship management approach.To meet its revised capital adequacy norms to support its growth and expansion plans, YBL is coming out with Follow-on Public Offer (FPO) of 11551282051 equity shares of Rs. 34299.28 cr. The bank has developed as a full-service commercial bank. -(16432.58) cr. On the last day of the issue, you can check the bid details of the FPO from the NSE site. It has a pan-India presence across the 28 states and 8 Union Territories. It has fixed the price band of Rs.

The article is about Yes Bank FPO Review. Ltd., ICICI Securities Ltd. and Yes Securities (India) Ltd. KFIN Technologies Pvt. 17.29 respectively. The bank aims to develop a scalable platform as it focuses on retail and SME advances. You can easily apply in Yes Bank FPO online by using either UPI or ASBA as payment method. Moreover, the YES Asset Management group handles the mutual fund business of the company. This is the second public offer from this bank after 2005. Further, FPO route offers freedom in pricing the issue unlike the QIP (Qualified Institutional placement) route. YES Bank FPO Not all experts find YES Bank FPO unattractive. from this FPO. Yes Bank Ltd. (YBL) is a new generation private sector bank in India incorporated as a public limited company in November 2003 and obtained certificate of commencement of business in 2004.

It provides a knowledge-based approach to banking that adds value for its customers by allowing them to capitalize on the bank's knowledge in specific business sectors as well as across products. The FPO opens on Jul 15, 2020, and closes on Jul 17, 2020.. KFin Technologies Private Limited is the registrar for the FPO. Allotment Status Yes Bank FPO review covers all the information regarding the bank’s business overview, its strengths, weaknesses, financials, FPO objective, important dates, and much more. Once the issue proceeds are received, the bank will be on a fast forward mode. With a strong parent backing like SBI. Moreover, the YES Asset Management group handles the mutual fund business of the company. YBL's branches are geographically extensive with 386, 236, 298 and 215 in metro, urban, semi-urban and rural locations respectively.

They have investment banking solutions, credit card service, loans, banking solutions, debt capital markets, digital banking, etc.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.Here, is the list of the company’s competitive strengths. However, the issue is offered at almost 50% discount in comparison to the last traded price. 10 per share (FV Rs.2 per share) on 14.03.2020 under reconstruction scheme introduced by RBI to the consortium of banks that included State Bank of India, HDFC, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Federal Bank, Bandhan Bank and IDFC First Bank. for anchor investors, QIBs Rs. The Yes bank was incorporated in the year 2003, at Headquartered in Mumbai. In May 2004, it was granted a license by the RBI under Section 22(1) of the Banking Regulation Act to commence banking operations in India. In March 2020, the Government of India notified the "YES Bank Limited Reconstruction Scheme 2020" and the Board was reconstituted with eight eminent professionals with vast experience within the banking industry. This negative data is attributed to a sharp decline in the bottom line for FY20. Yes Bank FPO is a main-board FPO of [.] So, Yes Bank FPO Review carries a NEUTRAL view. 12 to Rs. reserved for its eligible employees. 32003.70 based on LTP related to the latest paid-up equity capital of Rs. Investors may consider investment with a long term perspective.The Yes Bank FPO will list on Monday, July 27, 2020, at BSE, NSE. 31215.28 cr.