Signals, Powered By EquityPandit
On Thursday, the Yes Bank has announced the launch of a USD 650 million qualified Institutional Placement (QIP) issue with an option to upsize to USD 750 million.
The floor price has been set at Rs 1,498.95 per share based on Securities and Exchange Board of India (SEBI) calculated average, with an indicative price band of Rs 1,455-1,500 per share.
The NSE filing had been made after market hours on Thursday.
In September last year, the bank had called off a QIP offer for USD 1 billion.
