Quick Answer: Is There Any Lock In Period For Yes Bank?

Is it good time to 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..

What is 3 year lock in period?

It has a lock-in period. You cannot sell your units before the completion of this period. If you do a Systematic Investment Plan (SIP), it will be three years from the date of investment. Basically, every instalment will have a 3-year lock-in commencing from the date of that specific instalment.

Can you sell an IPO immediately?

Yes. You can expect SEC and contractual restrictions on your freedom to sell your company stock immediately after the public offering.

How long is lock up period?

An IPO lock-up is period of days, typically 90 to 180 days, after an IPO during which time shares cannot be sold by company insiders. Lock-up periods typically apply to insiders such as a company’s founders, owners, managers, and employees but may also include early investors such as venture capitalists.

Can I sell 100 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 we sell Yes Bank shares?

If you hold more than 100 shares of Yes Bank, you are locked in for 3 years. … From Monday 16th March 2020, whatever new shares you buy, you will be able to freely sell them. This 75% restriction is only on shares you held on the evening Friday, 13th March 2020 and not on new shares that you buy from now.

What is lock in period of shares?

A lock-up period, also called a locked-up, lock-in or lock-out period, refers to the predetermined time frame in which corporate insiders, investors, and employees are not allowed to sell or redeem their shares after an initial public offering (IPO) … are forbidden to sell their shares immediately following an IPO.

Is Yes Bank FPO worth buying?

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.

Can 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.

Can I buy more than 100 shares of Yes Bank?

With lock in clause, Yes Bank asks shareholders having more than 100 shares to exercise ‘utmost caution’ About 75 per cent of the shareholders holding 100 or more shares will automatically go lock-in under the lock-in scheme.

Is there any locking period for Yes Bank share?

The final reconstruction scheme for Yes Bank notified by the government on 13 March has locked in existing shareholders for a period of three years up to 75% of their shareholding. Only those shareholders who have less than 100 shares in the bank, can sell their entire shareholding.

Is there any locking 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.