Why people think Fall of Yes Bank is the Best Investment Opportunity of 2020

Find out! Why Yes Bank can be the biggest Multi Bagger of 2020 

Yes bank has been in the headlines since on March 5 when RBI placed a moratorium on the bank and superseded the board. RBI had to take such a move as Yes bank was unable to infuse capital in the bank from investors and this could have resulted in a possible shutdown. Withdrawal limit of 50,000 max was put on savings and current accounts which got people rushing towards the bank.

Despite all the bad which was happening to Yes bank, the government told that SBI will be buying a stake in Yes bank and will play a major role in a revival of the bank. This news made a lot of rounds and it was in no time the share jumped to a close of 16Rs with a low of Rs 5 on the same day.

So What is Yes Bank Reconstruction Scheme

According to the Yes Bank reconstruction scheme, SBI along with some other investors would be infusing some amount in the bank where SBI will play the role of major investor and has to hold at least 26% shares for a period of 3 years. Other investors will need to hold a minimum of 75% percent shares for a period of 3 years which is also the lockdown period for them.

So who all are the investors for Yes bank reconstruction scheme

SBI ( Primary Investor ) - 725 Cr Share - Capital 7250 Cr

 Axis Bank - 60 Cr Share - Capital - 600 Cr

ICICI Bank - 100 Cr Share - Capital - 1000 Cr

HDFC - 100 Cr Share - Capital - 1000 Cr

Kotak Bank - 50 Cr Share - 500 Cr

Bandhan Bank - 30 Cr Share - 300 Cr 

A total of 10650 Cr will be infused in Yes bank at a price of 10Rs per share for Investors.

The current price of Yes Bank share stands at Rs 25.55 at the time of writing of this article so the question stands is Yes bank a multi-bagger at this price. 

Yes bank has a lot of bad debts but with SBI and other banks coming in the race and acquiring shares in Yes bank good results can be expected from Yes bank in the future. Yes banks price has increased 300% from its low of Rs 5 and looks like a good contender for the race of best multi-bagger of 2020.

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Big opportunity to 1.5X your Money in 2 Weeks, SBI Card IPO is coming

Big opportunity to 1.5X your Money in 2 Weeks, SBI Card IPO is coming

Investing is an art to be aware of the opportunities which others cannot see, but what about the opportunity which is being publicly offered. Yes, you heard it right, everyone is excited about the huge opportunity which is there in investing in SBI Card IPO.

SBI Card is the 2nd largest credit card issuer in the country with 98500 Cr in card spends in the last 9 months as of December 2019. 

Sbi has a total of 13 Crore shares in offering from which they are planning to generate a total of 10289 Cr on the lower end and 10,355 Cr on the higher end. The shares are offered at a price band of 750-755 Rs.

Lot Size of SBI Card Share 

A fixed lot size of 19 shares has been decided for the SBI Card IPO which is equivalent to 14345 Rs on the higher end. The IPO will be open for 4 days from 2nd March to 5th March 2020. SBI Cards will be listed on NSE and BSE and are proposed to be listed on 16th March 2020. 

Reservation of Shares for Employees and Shareholders

A total of 18.4 lakh shares are reserved for the employees of State Bank. State bank employees will also get a discount of Rs 75 on each share. The maximum bid amount for an employee should be under 5 Lakh rupees.

10% of the lot which is around 1.3Cr shares are reserved for the SBI share holders. Anyone holding SBI shares as on 18th Feb 2020 will be eligible for this reservation.

Prediction for SBI Shares in the coming months

SBI Card is one of the most profitable verticals of SBI. It is also the first credit card share to be launched in the Indian market. A lot of hype is there for the SBI Card share because of the success that IRCTC share has shown in the recent past. A bullish signal for the share is the high interest of the retail investor in the share. 

We are not financial advisors and do not suggest to make investments on our predictions. Make your own research before making any investment our prediction is based on our understanding of the market. 

Our prediction for SBI Card share is that if you are lucky enough to get your hands on SBI Card share in the IPO. SBI Card share can give you a 1.5X in 2weeks of its launch as the excitement for the stock is high in the market.

We will suggest holding the stock if you get one because it has got the potential to give you a 2-3X in the near future.

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If you will like to read our Price Prediction for Yes Bank, Click here