Yes Bank [FPO] IPO Closed
Yes bank will soon issue fresh shares to the public in a Follow on Public Offer.
A Follow-on Public Offer is launched by an already listed company to issue shares to the public. Like an IPO, this issue can be in the form of new shares or an offer for sale from the promoter or major investor group. Yes Bank is issuing new shares to raise additional capital. The bank is expected to raise about 15,000 crores in this issue.