Yes Bank has been allocated 9,40,000 equity shares having face value of Rs 10 each under the Anchor Investor Portion to the Initial Public Offering (IPO) of One Point One Solutions (OPOSL), which is equivalent to 5.62% of the post issue paid up capital of OPOSL. The said IPO is on Emerge Platform of National Stock Exchange of India.

OPOSL is primarily a domestic BPO mainly engaged in outsourcing services which includes Inbound and Outbound Call, Back Office/Transaction Processing, Data Management services and Business Analytics catering to clients across industries including Telecommunication, BFSI, Travel, Manufacturing, E-commerce, etc.

Shares of the bank gained Rs 1.15, or 0.38%, to trade at Rs 303.00. The total volume of shares traded was 35,817 at the BSE (10.03 a.m., Thursday).