India's Yes Bank secures $543.6m from anchor investors ahead of FPO

India's Yes Bank secures $543.6m from anchor investors ahead of FPO

Yes Bank Ltd has allotted 3.41 billion shares worth 4,098 crore to anchor investors a day before its follow-on public offering (FPO), it said in an exchange filing on Tuesday. The shares were allocated to the anchor investors at 12 per share.