Frequent question: Should we invest in Yes Bank FPO?

Is it worth buying FPO of Yes Bank?

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 safe to invest in Yes Bank?

Yes Bank shares are cheaper than what they were a year ago — and what could revive the investment, if at all. Yes Bank’s share price has nearly halved in the past one year, but analysts don’t recommend investors to ‘buy. ‘ Even at ₹13.55 per share, there’s a chance that the stock is overvalued.

Can I invest in Yes Bank FPO now?

Yes Bank FPO opens today, but don’t eye listing gains

“For those applying in this FPO, it would be immature to assume that one would subscribe at 13 and sell on allotment at a huge profit as almost everyone may want to utilise that opportunity to make a quick buck,” said independent market advisor Ambareesh Baliga.

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What is future of Yes Bank?

Furthermore, a YoY growth of 9% in net interest income (NII) owing to interest reversals ordered by the SC makes the immediate future look positive for the Bank. The recapitalization drive at YES Bank generated ₹15,000 crore via follow-on public offers in July 2020.

Is Yes Bank FPO profitable?

MUMBAI: Shares of Yes Bank fell below the follow-on public offer (FPO) price of Rs 12 on the day when the bank reported a 60% year on year drop in net profit to Rs 45 crore. … The results marked the bank’s return to profitability after four quarters of losses due to mounting bad loans.

Is Yes Bank safe for long term investment?

If you are a long-term investor, you may hold all these stocks. Out of these four stocks, Yes Bank and Balmer Lawrie Company hold better wealth creation prospects in the long term.

Is Yes Bank a Nationalised bank?

Yes Bank Ltd will not be nationalised under the government’s plan to bail out the private lender with the help of State Bank of India (SBI)-led consortium that would acquire stake in the bank, sources aware of the development said.

Is Yes Bank FD 2020 Safe?

Safety of Yes Bank Deposits : Yes Bank deposits are covered under the Deposit Insurance Scheme of RBI in which up to ₹ 5 lakh of all deposits of a depositor are insured by DICGC. Loan against FD : Yes Bank provides loan against FD to help its depositor meet their liquidity requirements without breaking the FD.

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Is YES Bank FPO only for existing shareholders?

An FPO is a process by which a company already listed in an exchange issues new shares to investors or existing shareholders. In a regulatory filing, YES Bank said, “The bank has filed a red herring prospectus dated July 7, in connection with the offer, with the registrar of companies.”

Who has invested in YES Bank FPO?

Investors led by SBI, including Housing Development Finance Corporation (HDFC), Axis Bank, ICICI Bank, Kotak Mahindra Bank, Bandhan Bank, Federal Bank and IDFC First Bank invested Rs 10,000 crore in YES Bank.

Is YES Bank FPO lock for 3 years?

The current market price (CMP) of YES Bank is not the true reflection of fundamentals given that the reconstruction scheme had locked in 75 per cent of all shares for 3 years, held by existing shareholders and new investors entering via the scheme. … However, on FPO there is no lock-in period for any investor.

Can Yes Bank recover?

Market cap of the lender fell to Rs 34,826 crore. YES Bank share is trading lower than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. The share has fallen 50.34% in one year and lost 22.28% since the beginning of this year. Later, the share managed to recover some lost ground.

Can Yes Bank shares be sold?

If you hold more than 100 shares of Yes Bank, you are locked in for 3 years. You will not be able to sell it. … From Monday 16th March 2020, whatever new shares you buy, you will be able to freely sell them.

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