Yes Bank Ipo Date

Yes bank ipo date

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Type

Private
Traded asBSE: 532648
NSE: YESBANK
IndustryBanking, Financial services[1]
Founded2004; 16 years ago (2004)
FounderRana Kapoor
Ashok Kapur[2]
HeadquartersMumbai, Maharashtra, India.

Key people

  • Brahm Dutt
    (Chairman)[3]
  • Ravneet Gill
    (MD & CEO)
ProductsCredit cards, Consumer banking, Corporate banking, Finance and Insurance, Mortgage loans, Private banking, Wealth management, Investment banking
Revenue₹25,491 crore (US$3.6 billion) (2018)[4]

Operating income

₹6,194 crore (US$870 million) (2018)[4]

Net income

₹-1,506.64 crore (US$−210 million) (2019)[4]
Total assets₹301,390 crore (US$42 billion) (2018)[4]

Number of employees

18,238 (2018)[4]
Capital ratio17.0% [4]
Websitewww.yesbank.in

Yes Bank Limited is an Indian private sector bank,[5] founded by Rana Kapoor and Ashok Kapur in 2004.[6] It primarily operates as a corporate bank, with retail banking and also asset management as subsidiary function.[7]

Core businesses[edit]

Yes Bank Limited derives most of its revenue through arranging syndicated loans and through corporate banking.

It operates as three entities - Yes Bank, Yes Capital and Yes Asset Management Services.[8] As per the bank's website and information published, these are bifurcated as:[9]

As of September 2018, Yes bank had taken syndicated loans from eight large international entities including ADB, OPIC, European investment bank, banks in Taiwan and Japan for amounts ranging from US$ 30 Millon to US$ 410 Millon, which it in turn lends to small and medium scale enterprises as well as large corporates.

It has also both taken as well as given short term loans to a number of retail and corporate banks in Taiwan, Japan, USA and Europe.[16][17] It has a strategic partnership with the US government based OPIC and with Wells Fargo.[18]

Operations[edit]

As on 30 June 2019, Yes Bank had 1,122 branches and 1,220 ATMs in India. [19]

Listings[edit]

Yes Bank has equities listed on the Bombay Stock Exchange and National Stock Exchange of India and has bonds listed on London stock exchange.

Yes bank and CSB bank IPO UPDATE

Yes Bank was listed in the stock exchanges of India post its IPO in May 2005 at an issue price of Rs.45.[20]

Shareholding pattern[edit]

As of March 2018, as per its annual shareholders report, the three largest shareholders of Yes bank limited were foreign portfolio investors (43%), insurance companies (14%) and Mutual funds including UTI (10%).[21]

Smaller (less than 5%) shareholdings were owned by its three promoters Rana Kapoor (4%), YES Capital India Pvt.

ltd. (3%) and Morgan credits pvt.

YES Bank Ltd. (IPO)

ltd. (3%) and other investors including Madhu Kapur (sic.) (8%), Mags finvest pvt.

Yes bank ipo date

ltd. (2%), LIC India under its various schemes (9.7%). LIC India owned 9.7% of YES Bank under its various schemes.[22] YES bank limited operates under three distinct entities - YES bank, YES capital and YES asset management.[23]

Recent developments[edit]

In September 2016, Yes Bank scrapped its proposed $1bn share sale due to market conditions.[24] The pull out of the deal caused all round embarrassment as miscommunication and misunderstanding among various players led to a round of public blame game among various participants.[25] The company subsequently attempted to relaunch its failed capital raising exercise after appointing a new set of bankers.[26]

On 3 November 2017, Yes Bank signed a MoU with the government to provide Rs 1,000 crore financing for food processing projects.[27] Subsequent to the demonetization in India, Yes bank tried foraying into e-wallets with "BHIM YES PAY" in collaboration with India Stack APIs and National Payment Corporation of India (NPCI)[28]

On 1 February 2018, Yes Bank Signs MoU with Assam Rifles for offering banking solutions to defense personnel.

On 23 January 2019, RBI approved the appointment of Ravneet Gill as MD & CEO of Yes Bank for a period of three years from the date of joining.[28]

Awards and recognition[edit]

  • Yes Bank, received “India’s Fastest Growing Bank of the Year” award at the Bloomberg UTV Financial Leadership Awards 2011[29]
  • Bank of the Year India, The Banker London - 2015 [30]
  • YES BANK has been Ranked No.

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    1 for exemplary performance in Digital Payments across public, private, foreign, and payment banks in India by Ministry of Electronics & Information Technology (MeitY) [31]

See also[edit]

References[edit]

External links[edit]

  1. ^Annual report - 2017-18. Mumbai: Yes Bank Limited. Retrieved 14 October 2018.
  2. ^[es Of India "Late Ashok Kapur"].

    Yes bank ipo date

    28 November 2008.

  3. ^"Mr.Dutt as interim chairman". livemint. Retrieved 14 December 2018.
  4. ^ abcdef"Balance Sheet 31.03.2018" yesbank.in (17 March 2018).
  5. ^"Press Release - YES BANK".
  6. ^"Top Banks - Private Sector Companies in India, Top Banks - Private Sector Stocks in India by Net Sales, List of Top Banks - Private Sector Stocks in India {2017} - BSE".

    Moneycontrol.com. Retrieved 13 April 2018.

  7. ^"Yes Bank board to meet Tuesday after RBI directive on Rana Kapoor's tenure".

    Initial pixar ipo value

    Live Mint. PTI. 24 September 2018. Retrieved 29 September 2018.

  8. ^"Investors conference call transcript".

    Does tastyworks allow futures options trading in ira account

    Official transcript. Yes bank. Retrieved 29 September 2018.

  9. ^""YES Bank Limited Q3 FY18 Results Conference Call" - January 2018". Official transcript. Yes bank.

    Retrieved 29 September 2018.

  10. ^"Can YES Bank, India's Youngest and Fastest-growing Bank, Be a Model for Newer Entrants?". Wharton - University of Pennysylvania. 1 February 2012. Retrieved 23 February 2014.
  11. ^"YES Bank's growth trajectory remains intact, valuations cheap". Economic Times.

    Lead Manager Reports

    20 February 2012. Retrieved 23 February 2014.

  12. ^"Yes Bank not to hive off i-banking arm". Business Standard. 13 August 2009. Retrieved 23 February 2014.
  13. ^"'Yes' to Change:Rana Kapoor". CIO.in. Retrieved 23 February 2014.
  14. ^"New-generation banks like Yes Bank, IndusInd Bank, Kotak Mahindra Bank gain market share on higher rates".

    Times of India.

    IPO's by YES Bank Limited as Lead Manager

    27 May 2010. Retrieved 23 February 2014.

  15. ^"YES Bank to expand retail banking". Business Standard. 12 May 2010. Retrieved 23 February 2014.
  16. ^"OPIC Signs Loan Agreement with Yes Bank to Support Small Business Growth in India".

    YES Bank Ltd. Quick Links

    Press release. OPIC. Retrieved 29 September 2018.

  17. ^"Investor presentaiton 2018-19". www.yesbank.in. YES bank. Retrieved 29 September 2018.
  18. ^"Press release - YES BANK partners with OPIC and Wells Fargo to Support Financing of Women Entrepreneurs and SMEs".

    OPIC press release. OPIC. Retrieved 29 September 2018.

  19. ^"Press Release - Yes Bank".
  20. ^"YES Bank IPO: Offer & Issue Details - The Economic Times". Economictimes.indiatimes.com. Retrieved 14 October 2017.
  21. ^"Investor presentation 2018". Yes bank official website. Yes bank. Retrieved 29 September 2018.
  22. ^"Share holding pattern as on 30 June 2018".

    official website.

    Yes bank ipo date

    Yes bank. Retrieved 29 September 2018.

  23. ^Annual shareholder report 2017-18. Mumbai: YES Bank. Retrieved 29 September 2018.
  24. ^"Yes Bank says no to share sale after scrip tanks".

    Individual

    The Economic Times. 9 September 2016. Retrieved 14 October 2017.

  25. ^"Yes Bank's opportunism is to blame for failed share sale". The Economic Times. 10 September 2016. Retrieved 14 October 2017.
  26. ^Anand, Samie Modak & Nupur (20 October 2016). "YES Bank may appoint new i-banks for QIP". Business Standard. Retrieved 14 October 2017.
  27. ^"Yes Bank signs MoU with govt for Rs 1,000 cr financing". The Economic Times.

    3 November 2017.

    Yes Bank IPO: Issue bets on booming banking sector

    Retrieved 11 April 2018.

  28. ^"YES Bank Bhim Yes Pay wallet unveiled; IndiaStack APIs and NPCI products now integrated, see how you benefit". The Financial Express.

    Yes bank ipo date

    30 October 2017. Retrieved 11 April 2018.

  29. ^"Archived copy". Archived from the original on 21 April 2017.

    YES Bank Limited IPO Lead Manager Review

    Retrieved 6 December 2016.CS1 maint: archived copy as title (link)

  30. ^"Banking Awards & Recognitions - About YES BANK". Yesbank.in. Retrieved 4 November 2016.
  31. ^"Press Release".