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1. Udud   I Like It. |Report Abuse|  Link|July 16, 2020 5:28:02 PMReply
Please help
If I bid for Rs 12 in yes bank ipo and if it is not fully subscribed then whether they will give me in 12 rs ?
And those who bid it for 13 rs then how much price they have to pay for ipo ?

Experts comment :
1.1. Sachidananda L.Prabhu   I Like It. |Report Abuse|  Link|July 17, 2020 5:18:26 PM
Since Retail Quota is under subscribed you will surely get stock at 12Rs. Those who bid for 13Rs will be paying 13. Only in the case of an over-subscription person who bid a higher price will have a greater chance of allotment.
1.2. PN Suresh   I Like It. |Report Abuse|  Link|July 17, 2020 9:52:44 PM
We did not say 13. We said cut off. It is for Yes bank to decide the cut off as either 12 or 13 and process all the bids uniformly, if my understanding is correct.