75% of all Yes Bank shares held will be blocked for 3 years

This is not relevant thread to post this query.

Read this to know how to change your address, and this to know process to change your primary bank account.

Thank you sir…I don’t know where to raise queries so I raised here… anyway … thank you sir

dear sir kya is baar bhi fpo me share lock kiya jayega
agar kiya jayega to kitne time ke liye so please tell me sir

FPO main issue kiye gaye shares pe koi lock-in period nahi hone wala.

Dear Sir,
I have 400 shares of yes bank. Purchased in the month of Jan and Feb.After notification on 14th March my 75% (300) shares are locked and 100 are free to sell. ISIN number for the 400 shares update on 14th of March with New ISIN.
On 16th March I purchased another 500 shares but it execute with old ISIN while selling these shares on 18th March execute with New ISIN.Due too this shortage for 400 shares arrives and auction purchase done on 20th March for 400 shares.
In this case who is responsible and from which date trade in Yes bank with Old ISIN is banned.

What ISIN NUMBER you get for shares purchased on 16th march.New ISIN or Old ISIN.?

Hi,
Thanks for your support.
What should I do I have old isin number for 16th March and new isin number for sell on 18th due to this auction done on 20th March.
Purchase @ 38 Rs. on 16th.
Sold @ 70 Rs. on 18th
And auction @ 87 Rs.
And to reduce my loss burden my broker sold my shares on 31st March unauthorised trade @Rs 53 per shares *400.
I reported to nse but they close my case saying that no wrong is done by broker.
Your valuable advice is appreciated.

How would tax be calculated in this case? i.e. if i had 100 shares say purchased at 50 which get locked now, and i buy and sell 10 more at 12 and 15.
Is this a short term gain of 15-12 since earlier stocks are locked?
Or is it a short term loss? 15-50= -35 ?

The kite portal seems to indicate the latter.

Hi can we transfer the blocked shares inter depository ??

Shares under lock-in cannot be transferred.

Can I transfer them within my own demat accounts, that too intra depository?

I have 750 YesBank Blocked shares (3 years) in Axis Direct Demat Account.
How do I move to Zerodha Demat account…?
If I can’t move then does it mean that I have to continue my Axis Direct Demat for 3 years…?
I don’t want to continue Axis Direct Account.
Please suggest me the solution.

Hi, you can transfer these shares to your Zerodha account by doing closure cum transfer, read this for detailed information on how to transfer shares.

I have 30K shares of yes bank in which 11K shares are locked in .
When I transfer my account from sharekhan(NSDL) to Zerodha (CSDL) , I got only unlocked shares trasnferred.

What is the normal process while closing the account and transferring the shares to other tradng account during this lock in period ?

The process to transfer your shares from other Demat account to Zerodha Demat account has been explained here.

The locked-in shares of Yes Bank can be transferred by doing closure-cum-transfer, if you want to close your other account and move all securitues to Zerodha account, you should get in touch with the broker they will assist you with the process.

Dear sir, If I want to hold the share of YES BANK is it right for hold it… Pls reply

Hi Majibul, it is always best to do your own thorough research and analysis and make a informed decision. If you are new to markets would suggest you read through Varsity, will help you learn all about Stock Markets.

Hi Sir…
Is it advisable to buy 10k shares of YesBank at this stage and hold it for long terms, say it for 2-3 years.? will it be worthy?

It is always best to do your own thorough research and analysis and make a informed decision. If you are new to markets would suggest you read through Varsity, will help you learn all about Stock Markets.

Can you tell me please that if I sold any yes bank share which I bought after 13th March then what will be the buying price of that shares , is still FIFI metho is used with 75% of Lock in period shares?