Yes Bank Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹12
Per ShareLot Size
1000 Shares
Minimum Investment
₹12,000
Issue Size
₹15,000 Cr
Face Value
₹2
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Yes Bank Ltd
Business model, operations, and market positioning.
Issue Type
Book Building
ISIN
INE528G01035
About the Company
Yes Bank Limited, is a high quality, customer centric and service driven bank. Since inception in 2004, the Bank has grown into a `Full Service Commercial Bank' providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers. The Bank operates its investment banking, merchant banking & brokerage businesses through YSIL, and its mutual fund business through YAML, both wholly owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 28 states and 8 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.
Industry Overview
The Indian banking industry is affected by the Indian and global economy. The Indian banking industry is constituted by several players, including, the RBI, public and private sector banks, foreign banks and cooperative banks. The RBI is the central regulatory and supervisory authority for Indian banks and nonbanking finance companies. Following several governmental reforms beginning in 1991, the industry became increasingly liberalized, intensifying competition within the industry. Recent structural reforms within the industry and new policy changes, including relief packages introduced by the government to mitigate the impact of the COVID-19 pandemic, continue to affect the banking industry.
Company History
Yes Bank Limited was incorporated on November 21, 2003, in Mumbai, under the Companies Act, 1956 and a certificate of incorporation was granted to the Bank by the Registrar of Companies, Maharashtra at Mumbai. A certificate of commencement of business dated January 21, 2004 was issued to the Bank by the Registrar of Companies, Maharashtra at Mumbai. The Bank is a scheduled commercial bank within the meaning of the RBI Act, and received a license to commence banking operations in India from the RBI on May 24, 2004. Further, the RBI by its letter dated September 2, 2004, included the Bank in the second schedule of the RBI Act with effect from August 21, 2004 and a corresponding notification was published in the Official Gazette of India (Part III - Section 4) on August 16, 2004.
Products & Services
- Wholesale Banking
- Business & Retail Banking
Growth Strategy
- Liability Led Business Model
- Sustainable and diversified revenue generation
- Focus on cost optimization
- Enhancing brand value and strengthening corporate governance
- Leverage digital capabilities to scale business
- Strengthen risk management framework
Customer Base
Wholesalers and Retailers
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Further public offering of up to [*] equity shares of face value of Rs. 2 each ("equity shares") of YES Bank Limited ("The Bank" or "The Issuer") for cash at a price of Rs. [*] per equity share (including share premium of Rs. [*] per equity share) (The "Offer Price") aggregating up to Rs. 15000.00 crores by way of a fresh issue (The "Offer"). The offer includes a reservation of up to [*] equity shares aggregating up to Rs. 200.00 crores, for subscription by eligible employees (The "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "net offer", aggregating up to [*] equity shares. The offer and the net offer shall constitute [*]% and [*]% of the post-offer paid up equity share capital of the bank, respectively.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Simplified organisation structure backed by marquee institutions and experienced leadership;
- Differentiated technology platform leading to digital leadership;
- Well-established granular banking platform with a strong focus on retail and SME advances;
- Diverse and scalable revenue streams;
- Strong governance and underwriting framework;
- Any increase in its portfolio of NPAs or NPIs, RBI-mandated provisioning requirements or restructured advances could materially and adversely affect its business.
- The Bank's auditors have issued their report to the audited consolidated and standalone financial statements with certain qualifications and highlighted that a material uncertainty exists relating to its going concern.
- Non-compliance with the RBI's observations may have a material adverse effect on its reputation, business, financial condition and results of operation.
- The Bank has previously been fined by the regulators due to non-compliance with the guidelines relating to the recognition of NPAs.
- Non-compliance with the RBI's regulation on its exposure to its counterparties may subject the bank to adverse actions by the RBI which may affect is business and operations.