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Eagleye
153. Eagleye  Jul 11, 2020 20:49 Reply

Yes Bank Ltd FPO

Yes Bank FPO – *Market’s Current Estimates of oversubscription*:

RII = 20L Forms = 0.50X Applic. wise (Firm Allotment)
NII = 70K Crs. = ~31.53X

Interest cost *@7.50%p.a.* for 7days = 1.87 paise for 1X

Thus, for NII the costing = 31.53 X 1.73paise = Rs.0.59 per share (= GMP)

And, for RII the costing = 1,000 X 0.59 = Rs. ~590/- (= Kostak)

Yes Bank FPO – *GMP Estimated*
GMP 0.60 +/- 0.05
Kostak 600 +/- 25
RAJAKUMAR
153.1. RAJAKUMAR  Jul 12, 2020 10:50

Yes Bank Ltd FPO

Dear Eagle
Hni two to three times only
Only own fund Hni apply this stock
Hni wont take risk and apply through borrowed money.
KrishnaTwentyFour
153.2. KrishnaTwentyFour  Jul 12, 2020 11:27

Yes Bank Ltd FPO

Yes RAJAKUMAR , HNI will pay with caution.. becs RII portion has huge qty and HNI can't buy that much on listing day...

Yes bank FPO is of QIB game...

Sir, what is your view on this? As per mam this will list above issue price. Are you applying?
sivag
152. sivag  Jul 12, 2020 10:47 Reply

Yes Bank Ltd FPO

HI All

Greeting to All of you

Do we have lock-in period for Shares which are alloted in FP of YesBank ? Please suggest

lekker
152.1. lekker  Jul 12, 2020 11:09

Yes Bank Ltd FPO

No lock, you can sell all FPO allotment on listing day.
abdixit
151. abdixit  Jul 12, 2020 08:21 Reply

Yes Bank Ltd FPO

Hi Experts

Just few doubts related to FPO, please answer.

1) In bonus share issue or Split share, if price is halved then shares also gets doubled. So do existing shareholders get extra shares in case of FPO also, or everyone has to buy only ?

2) If extra shares are not given to existing shareholders and there net worth comes down, doesn't it simply mean that actually existing shareholders are the one who is actually paying that much cost (equal to issue price) to the company and company is getting that money out of free.

3) is this valid, (obviously it is) ? But still I have confusion. Means tomorrow Reliance can bring FPO of 50K crores by just issuing extra shares and company will get that money but existing shareholder will lose money ?

4) how come a company just issue new shares which currently held no value ? Aren't shares of a company are fixed and company can issue only those shares which they own ?

Thanks in advance.
lekker
151.1. lekker  Jul 12, 2020 08:51

Yes Bank Ltd FPO

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

lekker
151.2. lekker  Jul 12, 2020 11:04

Yes Bank Ltd FPO

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
sonal patel
150. sonal patel  Jul 11, 2020 07:20 Reply

Yes Bank Ltd FPO

Gland Pharma’s DRHP filing happened on July 10. The issue aims to raise around Rs 5,000 to Rs 6,000 crore, but the size may change closer to the launch. Citi, Kotak Mahindra Capital, Nomura and Haitong Securities are the merchant bankers working on the issue,
MunnaPehalwan
150.1. MunnaPehalwan  Jul 11, 2020 15:58

Yes Bank Ltd FPO

Gland Pharma is backed by chinese firm
RAJAKUMAR
150.2. RAJAKUMAR  Jul 12, 2020 10:54

Yes Bank Ltd FPO

Dear Sonal
Issue price may be Rs.1,000 (If issue size is 5k cr)
RAJAKUMAR
149. RAJAKUMAR  Jun 28, 2020 12:56 Reply

Bonlon Industries Ltd IPO

Book Value is Rs.40 after the issue against issue price is 28
RAJAKUMAR
149.4. RAJAKUMAR  Jul 12, 2020 10:45

Bonlon Industries Ltd IPO

Dear Vinod
Flat opening
Nobody can tell how it will list All are guess work
If operator involves, total 89 lots applied in retail category
All retail stocks observed then it will shoot up. Otherwise flat and will go down like other SME stocks
RAJAKUMAR
149.5. RAJAKUMAR  Jul 12, 2020 10:47

Bonlon Industries Ltd IPO

Dear Vinod
See Billwin flat listing
Present rate 52 against issue price of 37 is the best example
NforNandkishor
148. NforNandkishor  Jul 11, 2020 16:03 Reply

Rossari Biotech Ltd IPO

Dear experts
I have fund shortage and so I can either apply for Rossari or yes bank. I can't apply for both ipo. Please suggest me which one to pick.
sugreev
148.1. sugreev  Jul 11, 2020 19:31

Rossari Biotech Ltd IPO

Yes Bank. It will double in one month.
REK
148.2. REK  Jul 12, 2020 10:39

Rossari Biotech Ltd IPO

Go for BHEL. Will give decent returns in near future.
Justaninvestor
147. Justaninvestor  Jul 12, 2020 00:38 Reply

Rossari Biotech Ltd IPO

Market is waiting for a trigger to fall. Be cautious.
G.kumar
146. G.kumar  Jul 11, 2020 21:15 Reply

Yes Bank Ltd FPO

⚠️Today my broker gave 700 kostak in the morning nd 0 kostak in the evening.... Expert plZ update latest gmp
Eagleye
145. Eagleye  Jul 11, 2020 21:15 Reply

Yes Bank Ltd FPO

On 27th July
the price of Yes Bank will be
between Rs.13.00 - Rs.15.25
Rkg
144. Rkg  Jul 10, 2020 16:37 Reply

Yes Bank Ltd FPO

Experts particularly Eagleye mam.pls. explain the meaning of Re1/- GMP. As others have asked , does it mean that the mkt price of yes bank share is expected to be 14/- on that day.
Still, advised that all must apply as it is "easy money".
What is SBLM.



Eagleye
144.1. Eagleye  Jul 11, 2020 21:06

Yes Bank Ltd FPO

On 27th July the price of Yes Bank will be between Rs.13.00 - Rs.15.25
Eagleye
143. Eagleye  Jul 11, 2020 20:58 Reply

Rossari Biotech Ltd IPO

.


Rossari Biotech IPO – *Market’s Current Estimates of oversubscription*:

RII = 10L Forms = 8.56X Applic. wise (Avg allotment of ~4.09 shares per lot)
NII = 17K Crs. = ~228.38X

Interest cost *@7.50%p.a.* for 7days = 61.13 paise for 1X

Thus, for NII the costing = 228.38 X 61.13paise = Rs.139.61 per share (= GMP)

And, for RII the costing = 4.09 X 139.61 = Rs. ~571/- (= Kostak)

Rossari Biotech IPO – *GMP Estimated*
GMP 140 +/- 2
Kostak 575 +/- 25

Eagleye
142. Eagleye  Jul 11, 2020 20:54 Reply

Rossari Biotech Ltd IPO

Rossari Biotech IPO

GMP 140 +/- 2
Kostak 575 +/- 25
Eagleye
141. Eagleye  Jul 11, 2020 20:52 Reply

Yes Bank Ltd FPO

Yes Bank FPO

GMP 0.70 +/- 0.05
Kostak 700 +/- 25
Eagleye
140. Eagleye  Jul 11, 2020 20:47 Reply

Yes Bank Ltd FPO

Yes Bank FPO

GMP 0.60 +/- 0.05
Kostak 600 +/- 25
Amrit Khanna
139. Amrit Khanna  Jul 11, 2020 13:32 Reply

Rossari Biotech Ltd IPO

Under which heading can I view Grey Market Premium for Rosario Biotech Ltd?
sugreev
139.1. sugreev  Jul 11, 2020 19:32

Rossari Biotech Ltd IPO

Pl talk to your broker to know GMP
Silapathar
138. Silapathar  Jul 11, 2020 18:29 Reply

Yes Bank Ltd FPO

Will 75% of these shares also be locked like the current shares are for 3 years?
Cautious ipo
138.1. Cautious ipo  Jul 11, 2020 18:59

Yes Bank Ltd FPO

SBI will have three years lock-in for its 26% stake while all others will have a lock-in of three years for their 75% holding : dilip davda
jagdish
138.2. jagdish  Jul 11, 2020 19:19

Yes Bank Ltd FPO

NOT APPLICABLE TO PUBLIC ISSUE 100 % TRANSFERABLE AND CAN SELL
NforNandkishor
137. NforNandkishor  Jul 10, 2020 23:44 Reply

Yes Bank Ltd FPO

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
Cautious ipo
137.1. Cautious ipo  Jul 11, 2020 17:32

Yes Bank Ltd FPO

Jt may trade below 10 rs for longest time
puneet
136. puneet  Jul 10, 2020 22:40 Reply

Yes Bank Ltd FPO

Please explain third party asba account are liable to be rejected.
MunnaPehalwan
136.3. MunnaPehalwan  Jul 11, 2020 16:42

Yes Bank Ltd FPO

can i apply using ASBA by linking my low cost broker demat with my saving account? for example if I link my finvasia account with my PNB account is it treated as third party ASBA? Do I have to have demat account with my bank itself for ASBA?
Naresh jain
136.4. Naresh jain  Jul 11, 2020 17:15

Yes Bank Ltd FPO

I always apply in IPO for my daughter from my s.b. a/c through ASBA & she is getting allotment also
Kaamaal
135. Kaamaal  Jul 11, 2020 16:01 Reply

Rossari Biotech Ltd IPO

where from can I buy GMP shares?
Eagleye
134. Eagleye  Jul 11, 2020 13:47 Reply

Yes Bank Ltd FPO

On 14th March’20, the following Banks invested in Yes Bank @10

State Bank of India – 6,050 cr
Housing Development Finance Corporation – 1,000 cr
ICICI Bank Limited – 1,000 cr
Axis Bank Limited – 600 cr
Kotak Mahindra Bank Limited – 500 cr
The Federal Bank Limited – 300 cr
Bandhan Bank Limited – 300 cr
IDFC First Bank Limited – 250 cr

TOTAL – 10,000 cr
Rkg
134.1. Rkg  Jul 11, 2020 15:28

Yes Bank Ltd FPO

Eagleyeji your quotation of pages of RHP/DRHP is of no use unless the quarry raised by lesser mortal like me is answered. Lot of data provided by you is valuable but pls. Once in a while find time to respond to mango people also.







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