Dear friends take a small risk in Yes Bank FPO. Don't think about Listing gains. Take a view that you have booked a FDR with any bank for one year. Banks in these days are offering 6.5 to 7.5% interest on FDR. If it gives a premium of Rs. 1.2, you are going to get 10% returns on your investment. It is the minimum return, you may even get 50% return only.
Those who cannot take risk stay away, no need to waste time here those who can take little risk should apply for one lot those who can take risk can apply as per retail limit and money available with them
I believe this is going to give good returns in short term
Offer price is so attactive.. what are the risks involved??
1. SEBI may block trading on this scrip for a longer time? 2. any bad news about the company within next 10 days 3. Over-selling due to huge supply and profit booking 4.price may go below 10
Absolutely correct. Currently operators are not letting this go down till subscription over. But post subscription (from Monday) you will see huge selling pressure. It will definitely go below 10 before listing day.
It is very simple to understand buy to aerage your stock or to wait for 5-10 years for revival.Since SBI and RBI in affairs it impossible to get bankrupt easily
I would suggest not to apply as the supply in FPO is huge, and because of this the buyers will be less and sellers will be more post FPO. Price will not go up as there will be only sellers and no buyers. As all the people who want to buy have already bought in FPO
It's a trap by big players, all the major brokerages are recommending to avoid. Fundamentals are not good and it will take years to come out of this situation.