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

I bought yes bank shares on 23 march but not show anywhere in kite . What going on zerodha

Please re-login and check.

You can create a ticket here , one of our support executives will check and respond.

I purchase yes bank shares on 12th & 13th March. 75% was blocked for 3 year. But today I am unable to see those 75% shares in console holding. Can any one help ? Where the share is?

Hello,

Till 13th March I am holding 14500 shares of yes bank.
Old shares-12000 ( 9000 blocked & 3000 not blocked)
Shares purchased on 12th march- 2500

On 16th I sold 2000 shares from my kite acount.

Now on Console I can see total quantity is 12500 which is correct but blocked shares are 9375 & unblocked quantity is 1125.

Means as I understood out of 2500 shares bought on 12th March only 500 shares settled.

When remaining 2000 shares will get settle?

Regards,
Vijay

As on 13th, you had a total of 21707 shares. 75% of this is under lock-in i.e., 16281. The rest of the free shares are showing up on Kite.

It’s a display issue of Console. We are fixing it. Kite should be updated with the correct free quantity. For more info you can create a ticket here

I bought 325 shares of yes bank then 75 %= 244 shares hold and 81 shares in my holding then 23 march bought 59 shares of yes bank and 150 share sell on 24 march . Now total 244 share in my holding for three year but only 185 shares showing .total buy 325 + 59= 384 and sell 150 shares then 244 shares show in holding for three year but now showing

Why does the quantity on Console change as I’ve sold shares after 13thMarch, It shows less quantity in my blocked shares, however it doesn’t let me sell extra…

Hi there,

I had 300 qty of Yes Bank shares on 13th March 2020, which was delivered to me on 20th March of which i had an option to only sell 75 shares which i sold, so that balance 225 shares was supposed to be blocked but in console i was only able to see 187 stocks, also was unable to contact support team for this issue.
After that i bought more total 275 Shares and sold 125 of them so that total holdings on 20th March,
My total holdings in accounts should be 375 and blocked should be 225 but in holdings i can see 150 shares and on console it shows 281 blocked, not sure what is going on?

@Rohit_Kumar_verma You can create a ticket here for the detailed explanation wrt your account.

@Anurag_Gandhi1 @Nitesh_Malviya It’s a display issue of Console. We are fixing it. Kite should be updated with the correct free quantity. For more info you can create a ticket here

Fund withdrawal not being processed

Hello sir
Please clearly ans whether shares purchase on 13 mar are liable for 3 year locked in period or they will be freely available for trade soon… thanks

It is mentioned multiple times on this thread already, saying again, shares bought on 12th and 13th are also locked for 3 years based on 75 - 25 rule if the quantity is 100 or above.

Ok sir thanks for reply

I have not sell or buy anything after 16.03.2020 in YesBank shares
but I got mail from CDSL 44 shares are credit and debit in 18.03.2020
what is this?
According to above mentioned details
only 75 Yesbank shares to be block and 0 has to show in Kite.
But for me 119 Yesbank shares are blocked and 0 in KIte and squaring up Adj for 44 YesBank 3841.2 debt from fund
now my fund is showing as Rs. -3841.2 (in Negative).

Please look in to that immediately

and please contact me I need to talk
at least reply to this very fast

11.03.2020 bought 125 Yes Bank Shares
12.03.2020 bought 50+25 Yes Bank shares
13.03.2020 Sell 200 Yes Bank Shares.
13.03.2020 bought 100+50 Yes Bank Shares

16.03.2020 Sell 75 Yes Bank Shares. (Because Kite shows only 75 Holdings)

Now In kite showing 119 Yes Bank Shares are blocked and
44 discrepancy
In fund they add a statement like Squring Up Adj for YESBANK 44 amount 3841.2
which 44 * 87.3 Highest price on YESBank in 18.03.2020

zerodha what the hell happening in my account?
why you put my fund as Rs.-3841.2?

I tried customer care and waited so long. no one pick up

please explain to me ?

@TheGouda Can you, please.