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Yes Bank sets floor price of Rs 12 per share for FPO

10 Jul 2020 Evaluate
Yes Bank has set a floor price of Rs 12 per share to raise up to Rs 15,000 crore through follow-on public offer (FPO), which opens on July 15. The capital raising committee (CRC) of the bank's board at its meeting has approved floor price of Rs 12 per equity share. The cap price for the FPO is Rs 13 per unit.

Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.

Peers
Company Name CMP
HDFC Bank 708.00
ICICI Bank 1379.15
Axis Bank 1247.50
Kotak Mahindra Bank 418.70
Indusind Bank 977.80
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