Yes Bank Ltd FPO Message Board (Page 39)

I think no bonus or split was done,
SBI and other banks invested in yes bank in rescue plan with buying existing yes bank share at Rs10.
Now these banks selling their stake in FPO at Rs13.
Pee FPO SBI holding was 48%
Post FPO SBI holding will be 30%, even sbi approved 1780cr they will invest in FPO

So SBI at one hand reducing their holding around 50% (overall yes bank shares of 24%) and at other hand they are again buying in FPO (anchor portion) around (6 %)
At the end SBI will still have 30% of yes bank shares.
Same equation other might follow hdfc kotak axis federal idfc etc.

New invester might jump in FPO like LIC and FIIs

Within 3-4 months SBI is in cashing 900 cr profit plus taking back his 3025cr from his invested 6050cr. (SBI has to hold at least 26% of his holding for 3 years, so he is selling 50% of his holding)

And again putting 1760cr in FPO (this new investment will not have any lock except anchor portion lock of only few months)

post FPO SBI will hold 30% from overall yes bank shares at avg price of Rs11, isn’t this awesome game played by SBI?

From this 30% holding SBI cant sell 12.5% (26% of his earlier 48% holding) stake for three years from march20. Remaining 17.5% SBI can sell any time.


overall at down side from FPO price its hard to break RS11 level (except overall world market carsh)

If we apply there is very low chance to loose money, loss would not be more than 2k per lot.

At upper side there is high chance it will list in between 13-14 and day high would be around 15.

Lets see who new players are investing in anchor, there are big names like paytm lic and few FIIs are intrested as per news

@lekker,

None of the banks are selling their share in FPO. Please do not give wrong information. Shares being issued in FPO are fresh shares.

Due to the dilution, SBI's holding automatically comes down to 26% which they will hold for 3 years.

Can someone please answer the questions raised by abdixit.. I am also having same doubt.