Probable Price of Yes Bank FPO

[mohitmehra]

If the determined cut-off is Rs 12 then you will receive allotment at Rs 12 if you’ve selected either cut-off or Rs 13 as your bid price.

@mohitmehra

How do I decide the price at which I should apply?

You are more likely to receive allotment if you apply at the cut-off (market price) or the highest price in the band. If the cut-off is lower than the price you have selected, you will automatically get allotment at the lower price. In a book-building issue like this, if you make an application at Rs 13, but the cut-off price is at Rs 12, you will get the allotment at Rs 12 for the quantity you specified.