Why it was around 25 rupees and now why you are saying that stock will goto around 15 rupees?
As my knowledge; Stock will go again towards 25 in a weeks times or may be before 27th march; Everyone who applied Yes Bank FPO will be able double their money on listing itself.
Since Management decided to launch FPO at 12-13 rupees doesn't means that stock is scrap.
A total of 27 institutions bid for the QIB portion such as SBI, LIC, IIFL, Edelweiss, Bajaj Allianz, HDFC Life, Punjab National Bank, HDFC MF, Union Bank, Bajaj Holdings, Avendus Wealth Management, IFFCO Tokio General Insurance, Norges fund, Schonfled, Millennium Management Global, Aurigin Capital, Exodus Capital, Wellington Capital, Jane Street Capital, Segantii Capital Management and De Shaw & Co, as per a company release.
Think again these QIB are not fool and we are here intelligent
There is no way of knowing the future of this stock but don't forget that QIBs money is not their own. We have seen QIBs investing in worst of stocks and they just write it off. They invest in every company as they want to spread out their investments. If it goes down it goes down, no one will question their investment strategy. They will give some research even if someone questions them and say the investment didn't work out as they expected. But for small retail that is not possible for the most part.
It is just that one shouldn't go with multiple 2L applications thinking there is easy money to be made. Limited participation with strict stop loss should be the strategy in such stocks
353.4. CHD| Link| Bookmark|
July 20, 2020 9:42:48 AM
(1100+ Posts, 500+ Likes)
Exactly ....actually te bank needed to shore up its capital , desperately .....
352. Black Swan| Link| Bookmark|
July 19, 2020 9:21:08 AM
Top Contributor (300+ Posts, 400+ Likes)
Will Yes bank shares tank tomorrow near about its FPO price. Now that there is no need for operator based manipulation required to support the prices.
352.1. Black Swan| Link| Bookmark|
July 20, 2020 9:39:47 AM
Top Contributor (300+ Posts, 400+ Likes)
In-advarently I have applied in employee quota. In view of under subscription of employee quota, whether allotment will be done to me or not?
351.1. Johny| Link| Bookmark|
July 20, 2020 9:37:58 AM
IPO Mentor (700+ Posts, 1000+ Likes)
No. If you are not an employee
350. CSK| Link| Bookmark|
July 19, 2020 11:08:21 PM
Top Contributor (300+ Posts, 500 Likes)
Requesting dear members please stop giving false comments abt yes bank. We trust and we see the real opportunity build good portfolio. If you not subcribed then no worries invest ur known stocks. Please stop degarding the stock.
If you expect only positive comments on a public forum just because you have invested then you shouldn't be visiting any forums. This is how the internet works and one should try to live with it
There more stories than your eyes can see in Yes Bank FPO, there are murmers that one of biggest corporate house and one of best private Bank in India are interested in taking over Yes Bank.Having Marquee investors on board,worst is behind,hold up to your appetite for 2/ 5/10 times gains, I support Eagle Eyes view
Now a new trend on this forum... Many new members are advising others not to sell yesbank shares on listing date so that they can sell their own allotted share in a good price.
Friends, this is stock market. Don't listen to others and apply your brain or follow your financial advisor.
Yes right. As i said It was predictible not confirmed.
346. dpcdsl| Link| Bookmark|
July 19, 2020 4:25:20 PM
Top Contributor (400+ Posts, 200+ Likes)
Allotment can be done on 21st July as there is no need of 'basis of allotment' and 'lottery for allotment', firm allotment to all for whom Bank report 'successful blocking of fund' on 20th July.
I submitted 3 application's from my account with one in my name and two others in the name of family members from the same sb account with yes bank for 5000 each. First one in my name us ok. In other two I couldn't change the name while Nick name is the same as in Pan no of family members but application name is mine. Will I get shares in both cases or application will be rejected.
345.1. dpcdsl| Link| Bookmark|
July 19, 2020 4:14:03 PM
Top Contributor (400+ Posts, 200+ Likes)
For each unique PAN application shall be valid. For same PAN multiple application not allowed.
344. Aniketiaf| Link| Bookmark|
July 17, 2020 8:54:53 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Mindspace Business Parks REIT, backed by Mumbai-based realtor K Raheja Corp and private equity firm Blackstone Group, is expected to launch its initial public offering (IPO) in July end to raise Rs 4,500 crore. K Raheja Corp has filed the offer document with SEBI for the proposed IPO. Moneycontrol
344.1. Black Swan| Link| Bookmark|
July 17, 2020 9:33:24 PM
Top Contributor (300+ Posts, 400+ Likes)
What is the basis of allotment for REit. Let's say the Non QIB quota is subscribed 3X then what are the chances of a person applying single lot. In Embassy it was 300×800 = 240000
Mindspace Business Parks REIT, a real estate investment trust sponsored by K Raheja Corp and private equity firm Blackstone, has raised Rs 1,125 crore ($150 million) from a bunch of investors ahead of its initial public offering.
The REIT allotted 40.9 million units to a handful of foreign institutional investors including Singapore sovereign wealth fund GIC Pte Ltd at Rs 275 per unit, according to the offer document.
344.3. Aniketiaf| Link| Bookmark|
July 19, 2020 3:13:09 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Hope better listing than expected ,Reasons- successful Fund rising through FPO 14267 cr, Good response from qib & Anchor in FPO, Debt reduce, Attactive FPO Pricing , Major stake by large PSU sbi bank, started unlockdown in various state, strong technology, FII / FPI or Institutions increasing their shareholding, decreasing Promoter pledge, Fast Recovery From 52 week low.
Eps likely tobe not more than 2/3 paisa per share in next 4/5 years ..remains negative till 2022 seems barring not manufactured one like just before fpo serms
340. CSK| Link| Bookmark|
July 19, 2020 10:34:07 AM
Top Contributor (300+ Posts, 500 Likes)
Many retailors feel they missed very good opportunity to strength their portfolio. All started buying again from tmr. Target 25 before results.
Managment gives a chance to the looser retailer to buy at nearer rate where they sold to sbi or others but not subscribed . Bravehearted will take reward ...... it must survived and go up.....
Applied 30,000 qty with 2 demat account. Will get 100% allotment but not to sell single one till July 2025 for a target of Rs. 120-130 ie 10X to issue price.
Sir ji, any reason why you chose yes bank when you are getting similar banks like IDFC, SBI, IOB and PNB at similar or even cheaper levels? I ask you because you have a very long term horizon and a large investment... what is the advantage in yes bank?
337. ipobull| Link| Bookmark|
July 18, 2020 3:04:34 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Yes bank is a news driven stock. So keep holding the stock even after listing blues. Remember recently it had gone to around 6 or so and in few days it was at around 70 with upper circuits. Since marquee investors have put in money and QIB portion was oversubscribed in such a big issue, it will reward patient holders. Its debt burden shall come down a bit. One year target is 26. Any good news may spring it up further.
1 year target 50 as it is expected to start making profit in next 2-3 quarters. Target of 100 is achievable within 1 year
336. Arunblr| Link| Bookmark|
July 18, 2020 11:33:13 PM
Top Contributor (400+ Posts, 100+ Likes)
Dear Arun Kumar,
Hope you continue to ensure the safety and wellbeing of yourself and your family.
We are pleased to inform you about the completion of YES BANK’s Further Public Offering (FPO) of INR 15,000 crore*. It is an important step in our journey of transformation and is a testament to the trust placed in the institution.
The Bank remains committed to offer a differentiated banking experience and will continue to work alongside the Government and health authorities to support our customers and communities.
Thank you for your continued support.
Warm regards,
Prashant Kumar MD & CEO YES BANK
Above message received in mail being a Yes Bank customer.