Is it good to invest in Yes Bank FPO?

Most analysis and stock brokers recommended investing in Yes Bank FPO. Despite the troubles it has gone through in recent times, the retail investors could invest for short team gains as well as for the long term.

Is it good to buy Yes Bank FPO?

Analysts say Yes Bank FPO is aptly priced at the price band of Rs 12-13 as the scope of recovery in the bank’s asset quality and earnings in the near term looks difficult because of the Covid outbreak. Investors who intend to hold the shares for over three years should subscribe to the issue.

Is Yes Bank FPO profitable?

At March-end 2020, Tier 1 capital ratio for the bank was 6.5 per cent, much below the RBI requirements of 8.875 per cent, necessitating the fund raising plan. Yes Bank reported a net profit of Rs 2,629 crore after the private lender wrote down additional tier-1 bonds as part of its reconstruction scheme.

Can I sell Yes Bank FPO shares?

You’re not allowed to sell the FPO shares today since they’re not yet in your demat account. Once the shares land in your demat account, they will be updated into the trading terminal on the next working day after reconciliation of your holdings is run overnight.

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How can I buy FPO in Yes Bank?

How to apply IPO on 5paisa app?

  1. Login to your 5paisa Mobile Trading App.
  2. Click on Trade & select IPO section.
  3. Select Yes Bank FPO.
  4. Enter the number of lots and price.
  5. Enter your UPI ID and click on submit.
  6. Your bid will be placed with the exchange.
  7. You will receive a notification to block funds in your UPI app.

Will Yes Bank shut down?

The bank cannot be shut down nor can it be merged. It has to be run with global and domestic support,” said the investor mentioned above. … Yes Bank will be managed and run as an independent and private sector bank by a professional board with no interference by SBI in its day-to-day affairs, Kumar said.

What is future of Yes Bank?

We estimate total collection efficiency of 70-77%, which is low, and a risk to future asset quality,” Elara Capital said in a note. Moreover, the stock was on a decline after news that Swaminathan Janakiraman, the nominee director appointed by State Bank of India, has resigned with effect from October 28, 2020.

Is there any lock in period for Yes Bank FPO?

YES Bank has stated in its prospectus that the funds raised via FPO will be used for growth and expansion including enhancing its solvency, capital adequacy ratio and evolving regulatory requirements. … However, on FPO there is no lock-in period for any investor.

What is FPO of Yes Bank?

Mumbai: The Rs 15,000-crore follow on public offer (FPO) by Yes Bank scraped through on the last day of the issue on Friday with 95 per cent subscription. … Shares of Yes Bank rose 2.86 per cent to 19.80 on Friday. On Tuesday, the bank raised nearly Rs 4,100 crore through anchor allotments ahead of its FPO opening.

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Is Yes Bank FD 2020 Safe?

Account holders should know that deposits with Yes Bank are insured for up to Rs 5 lakh by the DICGC. DICGC insures all deposits such as savings, fixed, current, recurring, etc. except for a few such as inter-bank deposits, any amount due on account of and deposit received outside India, etc.

Should you invest in Yes Bank?

The shares of Yes Bank have not gone up a great deal since the follow on public offer. The next 1-2 years would be important for the bank, though we feel that it is back on track. Investors who hold the stock for a period of 2-3 years, might see decent returns. At the moment it looks that the bank is out of the woods.

Can we sell all shares of Yes Bank?

All existing shareholders of Yes Bank have been barred from selling more than 25 of their current holding for 3 years, according to the YES Bank Reconstruction Plan approved by Centre on March 13. Only retail shareholders holding up to 100 shares can sell their entire holding.

Can I buy Yes Bank shares?

On technical terms – Yes, one can buy Yes Bank shares for short-term keeping a strict STOP LOSS at Friday’s low. On Fundamental terms – No, one should not be buying this shares at such high price.

How much is YES Bank FPO subscribed?

The follow-on public offer (FPO) of YES Bank on Friday has been overall subscribed 95 percent at Rs 14,266.97 crore. The total size of YES Bank FPO is Rs 15,000 crore.

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How many times Yes Bank FPO subscribed?

Yes Bank FPO subscribed 0.93 times. The public issue subscribed 0.47 times in the retail category, 1.90 times in QIB, and 0.63 times in the NII category by Jul 17, 2020 18:49.

Yes Bank FPO Subscription Status Live.CategorySubscription StatusOthers[.] TimesTotal0.93 TimesЕщё 4 строки