Yes Bank Ltd FPO Message Board (Page 13)

By selling your RE as any other stock or by transferring it to someone else.

@ which rate??

@ 16.4

If price for auction was 16.4 then they have earned atleast 10%. So ultimately they gained even after auction , as price was higher than 18 on Wednesday.

There will be penalty imposed by SEBI.

28th of July

How is it possible to credit rights issue share with applying rights issue share. This is not bonus shares. They will send rights issue form. We have to apply. So many procedures..Please check the credit of rights issue shares. Please check

@athar

RE shares will be credited to the demat accounts. One can either redeem them for the shares by applying for rights issue or can sell the RE on the exchanges. The RE shares trade will be open for few days to provide exit to those who don't want to redeem them for the company shares. You can sell your rights to someone else for them to claim the rights.

@athar, Reliance right issue (25% paid up share) share was listed in Stock Exchange and was traded at value around rs 200 per share. Same process will be followed for m&mfinance. Re shares should list around 80-100 rs per shares. You can sell it in market if you don't want to apply for right issue.

can I buy mahindra fin right issue after listing, if I don't have mahindra fin share

IMO best placed are the people who bought shares from Secondary market using their own convictions rather than blindly following multiple promises of free money right after FPO and results. There are many many people in this forum who bought from open market even @11.10 or below.

Again there was no easy money in this FPO without illicit means (SEBI enquiry) which required us to take risk in FPO. There was more than enough opportunity for everyone to buy from open market and that also at much lower than FPO price. Yes Bank shares are now increasing because of mostly LIC investment. Suggest doing your own risk assessment rather than blindly following tips. I have known many many real life people who gained 1-2 times using such tips but also lost their life saving right after those few gains.

So let us all enjoy the Yes Bank party till it last.

i got yes bank share.
but how to sell in zerodha online account?

Have anyone actually sold today? Don't see any message to that effect.

if indeed there was no doubt about selling today the stock would have been in lower circuit whole day of crores of shares. but with such a huge volume and stable price means either someone wants to pay a premium and didnt have the sense to apply in fpo with guaranteed allotment or someone is planning to massacre sellers with support of the authorities.

Not all of us have brokers who would be willing to let us sell without having Yes Bank in our demat account. Maybe only a few who have access to such brokers could sell. For the rest of us it is still a waiting game

Eagleye G..... Please tell one thing about Yes Bank FPO
Is FPO shares and existing share will dilute at 27.07.2020
or FPO shares will Trade as different ISIN number alone ???

Because i have received 1 lot in my demat with different ISIN i.e IN8528G01034

Please Anyone ???

Dear EE
As per informed below massages that due to New Shares today trading cannot be done. Then how profit be counted @ 15% ?

I have sold 2 out of 4 application.... hopefully you are right... And I dont have to face Auction...
Thnx for ur advise.

How can we sell the newly allotted shares today?

The new shares have ISIN IN8528G01034 while the Old Shares have ISIN INE528G01035.
The new shares can not be delivered for any sale done before they are listed (hopefully will be listed on 27th Jul). All who sold Yes Bank today thinking that they can give delivery of new shares will have to face auction. Dont be too greedy, just hold on to Yes Bank for handsome gains in next 1-2 years time.

Clearly misleading the innocent retailers onboard here knowing very well that new shares with different ISIN can't be sold today. New shares ISIN will not change till first settlement of T+2. All online broker platforms don't permit selling till clear balance of shares available in Dmat account. a notional profit of 15% akin to 7% computed on arriving grey market price that never existed in this issue.

We said "Ou Ai". Some people think that innocent retails do not know any thing. They can post what ever they want to mislead.

It is not Tiktok site to post the content for "likes".... Here money is involved, people may loose their hard earned money....

How anyone can sell Yes Bank new FPO share today? come on...

ganta profit. eagle eye plz explain how we book profit if FPO has different script code

Sold today @13.75 15k shares

Before 10:30(cutoff time to deliver sold shares) on 27th morning both ISIN codes will be unified (as I think)
I haven't sold single share , holding 5000 shares for 25Rs or 1 year(whatever comes first)

@harit Do you agree none of the main line brokers (Bank brokerage platforms, discount brokers etc) won't allow to sell unless the ISIN is that of the YES bank in demat account. Majority of retail have accounts with such brokers so there is no way for us to sell it today. If they let the minority of them who can do this to sell their shares today it would be so unfair. Hope they have thought about this and made arrangements.

Most of the local brokers, asked their client to sell today and very few even sold yesterday. My accounts are with kotak security, their official stand is that we can't sell before Monday but dealer clearly told my it can be sold with 99% assurance. So I have sold half of my shares today, using application.

Same thinking bro. got 3000 and if goes below planning to add another 2000. If this bank want to die then Its not revive earlier with big investor. Atleast it will give 20 rs within 1 year. If operator want to play then it will give unexpected return in few month. So only plan if goes below 10 add more else Happy to hold 3000.

Excellent suggestion , I would say confidence... Before there were huge amount of shares(75%) are locked state for 3 yrs by many Banks investments/MF/RII , which was market price around Rs.25 that time,so definitely There will be revive and next quarter as many expert suggest in this group, will show the results . Now managed by Expert/Corporate in BFSI...I would suggest if the share down from 12 definite will be resistance and will come back to 14-16 range very soon and Monday will match the price....

Good strategy.

I will do so so........

I have applied for Yes bank FPO, If i get allotment should i wait for 3 years to sell my shares ? Because there is LOCK-IN period for 3 years

@Sandhya_rani

No, these FPO shares are free to trade from day 1. No Lock-in rule applies to these shares.

ANGOOR KHATTEY HAI

The bigger risk is when no1 is willing to put more money, they may merge with SBI by giving for every 100 shares of yes bank may be 01 (yes one) shares of SBI....

Always remember....this market cant do what everybody think....its opposite to everybody thinking....
Like.... if everyone want to buy below 10 , it will back bounce from 11 or even 12....and can never get back at this price for many years...
Example.... when bajaj finnace was at near 1800 , everybody wanted to buy it below 1500...
But it rallied and now over 3000 and now they buying at this price.

As per current market scenario, beware of SBI parentage stocks.
This year 3 ipo launched, two with SBI parentage ( SBI card , Yes ) seems to be flop. Even today SBI card is lower then ipo price and yes is almost close to ipo price.
However one rossari with no linkage with SBI had bumper listing.

If u buy 3000 shares then u can sell on 25% of it
Bcoz of 3yrs blocking
Ri8??

No such restrictions anymore. That restriction only for share holders who bought before that notification.

Evrything is in the hands of Operator now. If they want, we can even see 24rs on the very first day of Listing i.e Monday. Or 30 to 32rs in coming 1 or 2 weeks.

@sunnys On Monday Rs. 24 is not possible at all because the circuit is 10%.

Ipo nooob.
Agree maximum UC can go to 20 percent.
But the thing is we are still not aware of the Listing price of Monday.It might possible that listing price of YB at 10. A.m Monday would be around 16 or 18 or anything. We really dont know abt the listing price yet. Is it the same closing price of today or it will be totally different higher price. I remeber Rossari GMP price was around 150 to 170. But it has listed around 669.75Rs instead of 575-600rs. So you never know what is going to happen on monday.

@sunnys

There is no price discovery in FPO so it will be today's closing price. Rossari had price discovery mechanism because it was being listed for the first time.

@IPONOOB.
HMM may be.
M still hoping & want to see the price at higher level bcoz i hv alloted 2k shares. Will exit it on Monday in whatever profit I ll get.
Hope to see some Gapup opening on Monday for YB.

Yes you are. But don't forget to apply for the shares.

Also, If I apply for the right issue on 28th when will I get those shares
As, the closing of issue date is 11th

Amount will be debited / unblock today.

your son must be prime owner of the account

Aapka refund aagya kya