YES Bank raises nearly Rs 4,100 crore through anchor allotment

Date posted: Thursday 16 July 2020

YES Bank raised nearly Rs 4,100 crore through anchor allotments ahead of its follow-on public offer’s (FPO) opening. The private lender allotted 3,41,53,84,614 equity shares to the anchor investors to a total of 14 investors. More than half of the anchor book was subscribed by Bay Tree India Holdings.

(Economic Times)