Yes Bank Ltd FPO Message Board (Page 37)

Guys Apply with full force....

I am not an expert.

However, the price determined to Anchor investors, is only indicative, but not issue price determined finally.

The management of Bank in consultation with the Lead Managers of issue will determine the issue price after the closure of the issue.

They may even fix the issue price at Rs. 13.

In these type of issues (where market shows less interest) some bargaining always takes between Issuers and Anchor Investors.

Since, it it being said that rate is fixed at Rs. 12 to Anchor Investors, in all probability the issue price could be Rs. 12.

However, if you are a serious investor, it is better to Bid at Rs. 13, as there are very remote chances of fixing the issue price even at Rs. 13,

Retail Investors have to apply at cut off only then BSE will accept bid otherwise that will be rejected by BSE

No such compulsion.

Retail Investor can even bid at any rate starting from Base price to Cap price. Number of times I placed bids at specified amounts and I got allotment.

It is always better if we bid at Cap Price or Cut-off price.

Bidding at Cut-off (other than Cap price) helps the RIIs only when there is a upward revision of Price Band.

Hello everyone..
Pls confirm timings of pnb,hdfc for submitting application

Cut-off price means the investor is ready to pay whatever price is decided by the company at the end of the book building process. Retail investor has to pay the highest price while placing the bid at Cut-Off price. If company decides the final price lower then the highest price asked for IPO, the remaining amount is return to the retail investor.

Issue price will be Rs.12 only in all probability as Anchors have already issued at Rs.12 AND ASBA will block only Rs. 12000 for 1000 shares applied.

No, Rs 13000 will be blocked for Retail Investor as cut off price will be Rs 13

All retail investors please bid yes bank fpo at rs 12 please consider this massage thanks

According to investment banking sources, several investors including FPIs have been allocated shares at Rs 12 per share in the anchor portion.

These investors include US-based alternative asset manager Tilden Park Capital Management LP, Singapore-based fund management company Amansa Capital and UK-based fund management firm Jupiter Fund, they said.

Tilden Park, a multi-strategy fixed-income-focused alternative asset manager with expertise in distressed credit, has entered the Indian market by participating in Yes Bank's anchor book. It has invested over Rs 2,700 crore in the lender.

The other investors who have received allotment in the anchor book are Elara Capital, RBL Bank, Hinduja Group's Leyland Finance, HDFC Life Insurance Company and ICICI Prudential Mutual Fund, the sources said.

Source : Money Control.com

Is it right anchor investors got 12 rs shares and therefore all retailers who bid 13 rs on application they receive yes bank share worth rs 12 experts please clarify this thanks

Typo in below

FPIs have been allocated shares at Rs 12 per share in the anchor portionRs 12 per share in the anchor portion.

Mr. lekker (112.1.)

Not necessarily.
If the issue price is decided at Rs.13, then Anchor Investors have to pay the difference of Rs.1.

Thank you PSR sir, for confirming this.
In case if i submit bid then will submit at price of 13 for safe side.

Pre Issue
Number of Shares = 12,550,472,231
Net Worth = 216,997,664,874
Book Value = 17.29

Fresh Issue
Number of Shares = 11,551,282,051
Issue Size = 150,000,000,000
Issue Price = 13.00

Post Issue
Number of Shares = 24,101,754,282
Net Worth = 366,997,664,874
Book Value = 15.23


Therefore,
If Price / Book Ratio = 0.85
Then, 15.23 X 0.85 = 13.00




Note:

RBL Bank
Book Value = 207.67
LTP = 181.40
P/B = 0.87

IDFC First Bank
Book Value = 32.02
LTP = 27.15
P/B = 0.85

Mm. your technical insight is appreciated, but why no answer the lingering questions.

As guessed anchor portion allotment happened at Rs12 instead of Rs13

Too much supply of shares, this allotment of anchor concluded that demand is less.

FPIs have been allocated shares of Rs 12% in the anchor portion.

The other investors who have received allotment in the anchor book are Elara Capital, RBL Bank, Hinduja Group's Leyland Finance, HDFC Life Insurance Company and ICICI Prudential Mutual Fund

Yes Bank raised Rs 4,500 cr from anchor investors ahead of FPO

Yes Bank FPO

GMP 0.30 +/- 0.05
Kostak 300 +/- 25

Yes Bank FPO

Spot @20.90
SLB @05.80
Cost @01.00

Net Diff = 14.10 (=20.90 - 5.80 - 1.00)

On 27th July
the price of Yes Bank will be
between Rs.13.00 - Rs.15.25

23rd Selling T+2 Delivery 27th morning 10am
So it will match.

Mm.you were quite bullish in your early messages , calling the issue like easy money.
What is the opinion now and also if CMP falls to 18/-.

Tomorrow good news from RIL it will touch ra.2000.

I burned my hand in this stock badly. The stock price has come down from 3 digits to 2 digits. It is likely after this FPO, stock price will come down to single digit.

Currently yes bank is a orphan baby with many parents . Soon it may become become a penny stock.

Vodafone Idea also offered right issue (at price around rs 12) when it's stock price was rs 24, around two years back and you see the stock condition in today scenario. It am afraid yes bank may follow the path

Listing days selling circuit ?????

I can't say about listing day circuit. One article dated 14.07.2020 in moneycontrol too is advising to stay away from this ipo. Company fundamental does not look good. If fundamentals are not good, the share price is bound to fall rapidly. If one has high to moderate risk appetite, he may apply for this FPO

Price will depend on the over subscription of IPO. Many people are ready to apply 20-30 lots which means 20,000-30,000 shares each. i expect the Price will not fall below 18-19 because FPO will be oversubscribed heavily and very few person will receive the shares in allotment. So after opening demand will be so high that price will remain above 20. These are my personal views

SBIcard was oversubscribed 26 times

@ Rajat, are you applying for sure? How many lots?

over-subscription will be the key deciding factor of price. It will get clear in 2 days time. Today is the day to decide Anchor investors. If yes bank announces some big names as Anchor investors today, then it will be smooth riding

Once you have list , pls do post here
Thanks

For online application with UPI contact me

Are bhai 24, UPI seekh lo pehle

You will receive UPI MANDATE explaining all the details, after confirming the mandate from client only the application gets submitted.

I know UPI from first day..
I have my bank and broker to contact for any issue...why someone should contact unknown person...

If you to NSE website and type yes bank, you will find that today buying interest is more than the people who want to sell. There are 80 lakh shares in buying as compared to 50 lakh in selling. This shows that price is not going to fall below Rs. 20 and i will not be surprised if it gains 10% today