Stock Report

YES Bank approves allocation of 3,415,384,614 Equity Shares to anchor investors



Posted On : 2020-07-14 20:46:44( TIMEZONE : IST )

YES Bank approves allocation of 3,415,384,614 Equity Shares to anchor investors

The Capital Raising Committee ("CRC") of the Board of Directors of YES Bank, at its meeting held earlier today (i.e., July 14, 2020) has approved the following with respect to the Anchor Investor Portion which was open today, July 14, 2020 for subscription to 3,415,384,614 Equity Shares.

The committee approved allocation of 3,415,384,614 Equity Shares to the anchor investors representing allocation of the maximum permissible equity shares to anchor investors and the anchor investor allocation price as Rs. 12.00 per Equity Share, which may be subject to change upon determination of the Offer Price.

Sr. No.Name of the Anchor InvestorNo. of Equity Shares Allocated% of the Anchor Investor Portion
1BAY TREE INDIA HOLDINGS I LLC1,87,50,00,00054.90
2HDFC LIFE INSURANCE COMPANY LIMITED33,37,17,0009.77
3AMANSA HOLDINGS PRIVATE LIMITED31,08,34,0009.10
4JUPITER INDIA FUND10,41,78,0003.05
5JUPITER SOUTH ASIA INVESTMENT COMPANY LIMITED - SOUTH ASIA ACCESS FUND2,08,27,0000.61
6BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED12,50,00,0003.66
7ICICI LOMBARD GENERAL INSURANCE COMPANY LTD5,00,00,0001.46
8RELIANCE GENERAL INSURANCE COMPANY LIMITED2,08,33,0000.61
9RBL BANK LIMITED8,33,33,0002.44
10EDELWEISS ALTERNATIVE INVESTMENT OPPORTUNITIES TRUST - EDELWEISS CROSSOVER OPPORTUNITIES FUND2,08,32,0000.61
11EDELWEISS ALTERNATIVE INVESTMENT OPPORTUNITIES TRUST-EDELWEISS CROSSOVER OPPORTUNITIES FUND-SERIES II83,34,0000.24
12ELARA INDIA OPPORTUNITIES FUND LIMITED31,00,00,0009.08
13HINDUJA LEYLAND FINANCE LIMITED14,16,66,0004.15
14ECL FINANCE LIMITED1,08,30,6140.32
Total3,415,384,614100


Shares of YES BANK LTD. was last trading in BSE at Rs.20.95 as compared to the previous close of Rs. 22.1. The total number of shares traded during the day was 5699770 in over 23340 trades.

The stock hit an intraday high of Rs. 21.75 and intraday low of 20.25. The net turnover during the day was Rs. 118975393.

Source : Equity Bulls

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