Yes Bank has fixed its initial public offer price at Rs 45 per share. Nearly 99% of the bids were at the top end of the band i.e. at Rs 45.

A total of over 257,000 bids were received generating a demand of over Rs 9,000 crore (Rs 90 billion), resulting in an overall final subscription of over 30 times.

The institutional portion, QIB, received over 190 bids for over Rs 4,700 crore (Rs 47 billion), resulting in oversubscription of over 31 times.

The non-institutional portion, HNI, received more than 3,800 bids for over Rs 3650 crore, resulting in oversubscription of over 46 times.

The retail portion received over 253,000 bids for over Rs 750 crore, resulting in oversubscription of over 10 times.

Yes Bank IPO Details


Issue Open Date 15/06/2005

Issue Close Date 21/06/2005

Listing Date 12/07/2005

Face Value (Rs) 10.00

Offer Price/Range (Rs) 38.00-45.00

Issued at (Value) Premium (35.00)

Issue Size (Retail) 17500000.00 Shares@45.00/share

Issue Type Public Issue (Book Building)

Open 65.00

High 70.00

Close 61.00

Low 60.00

Volume Rs. 1623720286.00

Return On Offer Price Listing Price
Holding Period Return 2472.22 % 1680.76 %
Holding Period (Days) 4210 4189
Annual Returns 214.34 % 146.45 %