When Yes Bank shares will be unlocked?
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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. Kite will start showing only 25\% of shares you held on 13th March, the shares you can sell. The total quantity including the locked shares will be shown on Console.
Which shares have a lock in period of three years?
Lock in periods for different investment ELSS Mutual Funds are kept for 3 years usually. Tax saving Fixed Deposits are locked in for 5 years. 8\% Government of India bonds are locked up for 6 years. ULIPs are locked in for a minimum of 5 years.
Is there any lock in period for Yes Bank FPO?
If you have shares of Yes Bank worth ₹ 2,00,000/- or more, you are under reconstruction scheme. However, on FPO there is no locked in period for any investor.
Is Yes Bank good buy?
Those at Emkay retain Sell rating on Yes Bank shares with a target price of ₹10 amid persistent concerns over its asset quality, sub-par return ratios, and unfavorable risk-reward ratio. We retain a Sell rating with a target price of ₹12,” it said in a note. Yes Bank’s Fresh slippages fell sequentially to ₹1,783 crore.
Should I sell Yes Bank shares?
Can I buy Yes Bank shares more than 100?
If Yes Bank stock starts trading around Rs 25-30 range, those who have been alloted shares between 10-13 range will be earning more than 100 percent return on their investment.
Keep in mind that physical shares of companies which are not active and not trading can’t be converted to Demat form. The process of converting physical shares to Demat is simple for which you have to first open a Demat account. It is just like opening a bank account.
How do you freeze shares?
How can I freeze the stocks in my demat account?
- Fill up, physically sign & scan the freeze/unfreeze request form.
- E-sign the scanned form and submit it by raising a ticket below. (Click here for a walkthrough of the process to e-sign documents.)
Should I invest Yes Bank share?
With a high stress book, credit cost is expected to be high in the medium term. We retain a Sell rating with a target price of ₹12,” it said in a note. Yes Bank’s Fresh slippages fell sequentially to ₹1,783 crore. It has maintained its Sell rating on Yes Bank stock with a target price of ₹12.5.
Yes Bank on Saturday said as per the government’s reconstruction scheme for the bank, the incoming shareholding of shareholders with 100 and more shares would be automatically locked in for three years.
How did Yes Bank’s stock price move up in a month?
Stock score of Yes Bank Ltd moved up by 1 in a month on a 10-point scale. The scheme also prescribed a lock-in period for investors who hold 100 shares or more in the private lender to the extent of 75 per cent of their holdings for all existing shareholders and those allotted to the investors under the reconstruction scheme.
How much does it cost to buy 100 shares in Yes Bank?
Even at its peak in August 2018, 100 shares in Yes Bank cost just ₹ 39,320. A retail shareholder is defined as those with shareholding up to ₹ 2 lakh. Collectively, retail shareholders own 43.66\% of Yes Bank.
Will yesyes bank be locked in for 3 years?
Yes Bank is part of the Nifty 50 Index and Nifty Bank Index and hence held by many index funds and ETFs. If these entities are locked in for 3 years, they will not be able to honour their own mandates.” said Anil Ghelani CFA – Head of Passive Investments, DSP Mutual Fund