Yes Bank Ltd FPO Message Board (Page 20)

I had applied for the FPO in Retail category through ASBA using SBI online banking. I now realised that there is an error in the DP Id. My last digit of the DP id was not mentioned in the ASBA application. Is it possible to change it now. Or what is the process to get this rectified. Will this be a reason to reject the applicaiton.

No chance for correction.

Application will be rejected.

Yes bank will list around 17-18. It will go upto 24-25 in 1 week. Then consolidate for 2-3 quarters in 15-25 range before further direction based on bank fundamentals.

It is advisable not to sell yes bank allotted shares on Thursday/Friday through broker. FPO yesbank shares may be listed under different isin. SEBI and book running managers are smarter than those who are thinking to sell share before credit of the share to their demat account. One may be penalized heavily if he/she try to short sell the shares.

Please take my words as caution and not as offence. I am not an expert and correct me if I am wrong somewhere.

Pls clarify.
First time placed bids
Bid 1 : 3000 @12
Bid 2: 2000@13

So if issue price is Rs. 12 so will I get 3000 shares or 5000 shares. The blocked amount is highest of these 2 bids and not total.

3000 shares

As its FPO
1. ISIN number can not be different.
2. As per rules on 5th day Basis allotment and 6th day allotment will be done.
3. Brokers asking 60-80% of margin to trade short sell for tomorrow. Heavy selling expected but support will come because of this brokers rule.
4. If we sell tomorrow and in any case they could not alloted shares till friday then Monday all shares will be in auction.
5. As per SLBM prem , expert expectation to settle between 14-15 rs.

Ahmedabad is aggressive
Prem :- 1:45 - 1:55

Are you sure?
I have asked few brokers but noone is able to confirm it.
FFO can be sold 2 days in Advance, Right shares cant be sold in Advance but noone is sure about FPO...

Why is the allotment status not yet updated? Allotment was supposed to be on 22.

yes bank fpo gmp 1.35 strong buyer......andha Paisa banega isme....Bhai Naveen ji aur arvind ji ka kamaal Hain.....

Yes Bank FPO

GMP 1.10 +/- 0.02

Eagleye Madam,
What's the Current CMP of Yes Bank FPO.?

GMP*

Everyone know price will come down next few days inspite of this someone buying means there is strong reason behind that. Hope listing will be at 19. Jackpot for investors will who applied FPO. I only thank my guru sp tulsian he clearly said must avoid. Then it is must buy.

Man you are going funny.

Can someone please throw some light on How will share be allocated in Yes bank FPO?

If FPO price is decided as Rs.12 then

Below situation that created a confusion for me.
Person A - Applied at the cut off price Rs.13 for 15000 share (total 1,95,000 Rs.)
Person B - Applied at the Rs. 12 for 16000 shares (total 1,92,000 Rs)

Will person A get only 15000 shares even if he blocked more amount than Person B? Person B will get more shares even though he blocked less amount.

Ghar Ki kheti

In such cases don't apply in cut off mode. Instead place 2 bids. Bid 1 : 15000 shares at 13 and Bid 2 : 16000 shares at 12.

All bidders, whose applications is not rejected, will get firm allotment upto the number of shares they have applied. Remaining unsubscribed portion will be allotted in the consultation with Stock Exchange I.e. BSE/NSE.

Received just now from my broker:-
If anyone want to sell YB on thursday or Friday they can sell it with their own responsibility

Allotment status come out .....if any ?

Milega milega bhai mil jayega kyu itna utavala ho rahe ho. 0.93 time hi subscribe huva hai

Yes Bank FPO

Spot @18.35
SLB @05.05
Cost @01.00

Net Diff = *12.30*
(18.35 – 5.05 – 1.00)

Open Interest = 12,67,08,189

Many boarders were telling that Yes Bank will come down to FPO price level. The reason for their analysis was Current price minus the SLB borrowing cost. It sounds logical, otherwise why would they Borrow. But there is one missing link.., why the hell they will wait for price to fall after listing when they can get it at FPO price in FPO itself. They ( SLB Borrowers) are not fool, that they will short now by borrowing and will wait to cover their short after listing. They deal in big quantities but not big enough to move the price. They are not QIBs. Look at the shares they have borrowed. Hardly 13 odd Crores of shares. Do you think they will be in a position to move the market downwards where QIBs have position in 100s of crores. So, what was their best option was to cover in FPO allotment itself. They have played smartly and started borrowing at around rs 2 which gradually increased to 8 so avg cost would be 5 to 6 and starte30 till 20 so avg sellling would be at 24-25. And ensured the allotment of around 13-15 cr of shares in FPO at 12. So for them avg profit per share would be 6 to 7.

Ek he msg kitni baar Copy Paste Maarna hai ek he Din mein..

Makes perfect sense GODFATHER. Could not have been put more clearly. Another option to close the second leg is to borrow from the grey market itself at GMP of 0.25-0.50, even that would leave a handsome gain (most conservatively) of 19.5- 6 (SLBM cost) - 0.5 (brokerage, other expenses)= Rs 1/-, which is not less in %age terms.

On 27th Monday RIL will fly high so Yes Bank will also manages to if not to fly then run. Listing at 18 is good, 14 is soso.

allotment for retail customers is 100% of applied shares, so i suppose we can sell these shares tomorrow, as there can be different listing of existing shares and FPO

When allotment status will be available on karvy website ????

Yes Bank FPO

Market Pundits expect listing >14

Please reply
If 27th morning ,(9:15) , if YB trading @ 14:50 can we sell at that point of time?
Then what is the meaning of listing?
If no ,then what?
( I have no experience of FPO)

pls reply eagle eye medam, we have to sell yes bank on thursday or on monday and what rate ? I have also applied in yes bank on your recommendations.

Just for Inquiry
ITC Limited Dividend Ex Date was 06/07/2020
But Yet dividend not yet credited
Plz guide what to do

PLZ SUGGEST
ITC Limited Dividend Ex Date was 06/07/2020
But Yet dividend not yet credited
Plz guide what to do

ITC will credit dividend on 8th September 2020.
Kindly refer the corporate announcement by ITC on BSE website on date 26 June, 2020 (Audited Financial Results and others matters).

Yes Bank FPO

Spot @18.30
SLB @05.30
Cost @01.00

Net Diff = *12.00*
(18.30 – 5.30 – 1.00)

Open Interest = 12,60,59,775