Five investors bought nearly two-thirds of the QIP offering in Yes Bank1 min read . Updated: 15 Aug 2019, 08:47 PM IST
- Yes Bank set a floor price of ₹87.9 apiece for the share sale and plans to use the funds to meet its capital requirements
- Five investors Societe Generale, Key Square Master Fund, BNP Paribas Arbitrage, HDFC Balanced Advantage Fund and Key Square Master Fund bought nearly two-thirds of the QIP
Mumbai: Private sector lender Yes Bank on Thursday said that five investors bought more than 65.5% of the equity shares offered in its recent qualified institutional placement (QIP) of ₹1,930.46 crore.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started
Select your Category