Don't buy from open market. Because 1) Share price is Rs 22 (costly) 2) price is falling and will fall as much it can to minimize the gap with FPO price as the fpo issue price is only Rs 13. 3) Open market share has lock in period. So why to bother to buy from market. Apply for FPO, if you get allotment then it is good if not, then buy from market, at that time you will get it at cheaper price.
Thank you sir , not buy current price, in case price down to near FPO price range that time I will buy, my doubt is open market share now also 75℅ lock in period 3 years?
Price will not fall below 18-19 because FPO will be oversubscribed 50 times and hardly 1 in 50 person will receive the shares. So after opening demand will be so high that price will remain above 20. These are my personal views
@Rajat For Rs.15000 Crore FPO will Yes Bank receive application worth Rs750000 Crore(50 times) This isn't a small ipo that it will be subscribed 50 times
310.8. Black Swan| Link| Bookmark|
July 14, 2020 12:57:13 PM
Top Contributor (300+ Posts, 400+ Likes)
You will be allotted at Rs12. I checked before applying and applied at Rs 13 instead of cut off.
"You apply for 10000 shares at Rs. 13. If the determined issue price is Rs. 12 then you will receive allotment at Rs. 12 since you were ready to subscribe to the issue up to Rs. 13."
Hi , If I have applied one application with x demate account & then applied the same IPO with Y demat account but authorized & a vept UPI for only application ,Will both application will be rejected or I will allotted the share in one application , Please revert if someone has the correct information regarding this
I applied yes bank for cut off price 13rs .. But the fpo is under subscribed. Will I get the 1rs back if they fix the price for 12rs . Or I have to pay 13rs?
Price will be the same for everybody ......you too will get at 12 only .....boss ....
301. Jainvipul| Link| Bookmark|
July 17, 2020 9:41:35 PM
Top Contributor (400+ Posts, 300+ Likes)
#YesBank FPO: 27 institutions bid for QIB portion incl * SBI * LIC * IIFL * Bajaj Allianz * PNB Treasury * HDFC MF * Avendus Wealth Mgmt * IFFCO Tokio Gen Insurance * Norges Fund * Schonfled * Millennium Mgmt Global * Aurigin Cap * Exodus Cap * Wellington Cap * Jane Street Cap
from last 10 trading sessions price of yes bank was manipulated in secondary market so as to trap retail investor. such patent robbery is only possible in india.
Hi, I think a lot of shares (75%) are locked because of which the short sellers need to rent the shares before short selling. they need to buy to return the shares they rented. which could be the reason for todays rally. I think people with less than 100 shares will not have much impact. While people with more shares are either in huge loss to sell or stuck by lock in period. I think the share prize will not change much till listing.
I applied for 2 lots in this FPO through upi and now decided not to accept upi mandate to block money due to poor subscription. I am a small investor and want to hold quality stocks in my portfolio for long term
I had applied 16k @ 12 on icici direct, and later revised bid to 8k. Both original and revised bids showing executed status, and money blocked is 1.92 lk. Can you please guide if I will get 8k or full 16k allotment ?
my broker tells his system cant take sell order if stock is not there in your account. Otherwise we need to squareup the position on same day by 3.30 PM
296.2. Eagleye| Link| Bookmark|
July 17, 2020 8:04:04 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Yes Bank FPO
Target 15/- in 3 months
296.3. Eagleye| Link| Bookmark|
August 6, 2020 11:54:45 PM
IPO Guru (6600+ Posts, 21900+ Likes)