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Vodafone Idea Limited FPO

Vodafone Idea Limited FPO

VI FPO bidding started from April 18, 2024 and ended on April 22, 2024. The allotment for VI FPO was finalized on Tuesday, April 23, 2024. The shares got listed on BSE, NSE on April 25, 2024.

IPO Size: 16,363,636,363 shares (18,000.00 Cr) Fresh Issue: 16,363,636,363 shares (18,000.00 Cr) Subscription Dates: April 18, 2024 to April 22, 2024 Expected Allotment: Tuesday, April 23, 2024 Listing Date (Tentative): April 30, 2024 Price Band: ₹10 to ₹11 per share Retail Investors: ₹.14,278 (1298 shares) Small HNI : ₹.214,170(15 lots, 19470 shares) Big HNI : ₹.1,013,738(71 lots, 92158 shares)

Vodafone Idea Limited FPO Details
IPO Date April 18, 2024 to April 22, 2024
Listing Date April 30, 2024
Face Value ₹10 per share
Price Band ₹10 to ₹11 per share
Lot Size 1298 Shares
Total Issue Size 16,363,636,363 shares (aggregating up to ₹18,000.00 Cr)
Fresh Issue 16,363,636,363 (aggregating up to ₹18,000.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue 50,119,820,375
Share holding post issue 66,483,456,738
Vodafone Idea Limited FPO Reservation

Investor Category Shares Offered
Anchor Investor Shares Offered 4,909,090,909 (30%)
QIB Shares Offered 3,272,727,273 (20%)
NII (HNI) Shares Offered 2,454,545,454 (15%)
  bNII > Rs.10L 1,636,363,636 (10%)
  sNII < Rs.10L 818,181,818 (5%)
Retail Shares Offered 5,727,272,727 (35%)
Total Shares Offered 16,363,636,363 (100%)
Vodafone Idea Limited FPO Subscription Status (Bid Detail) Live Subscription

The Vodafone Idea Limited FPO achieved a subscription rate of times The retail category subscribed times, the QIB category subscribed times, and the NII category subscribed times. Review the subscription details on a day-to-day basis (live status).

Investor Category Shares Offered Shares Bid for Total Amount (Rs Cr.)* Subscription (times)
Qualified Institutions 3,272,727,273 63,210,538,776 69,531.59 19.31
Non-Institutional Buyers 2,454,545,454 11,144,535,842 12,258.99 4.54
  bNII (bids above ₹10L) 1,636,363,636 9,875,620,128 10,863.18 6.04
  sNII (bids below ₹10L) 818,181,818 1,268,915,714 1,395.81 1.55
Retail Investors 5,727,272,727 5,767,857,700 6,344.64 1.01
Employees
Others
Total** 11,454,545,454 80,122,932,318 88,135.23 6.99

Total Application : 1,160,462
*The total sum is computed according to either the final issue price or the upper price range.
Vodafone Idea Limited FPO Anchor Investors Details

Vodafone Idea Limited FPO raises ₹ 5400 crore from anchor investors. Vodafone Idea Limited FPO Anchor bid date is April 16, 2024. Vodafone Idea Limited FPO Anchor Investors list

Bid Date April 16, 2024
Shares Offered 4909090908
Anchor Portion Size (In Cr.) 5400
Anchor lock-in period end date for 50% shares (30 Days) May 23, 2024
Anchor lock-in period end date for remaining shares (90 Days) July 22, 2024
Vodafone Idea Limited FPO GMP

GMP Date IPO Price GMP Estimated Listing Price Last Updated
03-05-2024 ₹11 ₹0 ₹11 (0.00%) 03-05-2024 12:05
02-05-2024 ₹11 ₹2 ₹13 (18.18%) 02-05-2024 12:05
01-05-2024 ₹11 ₹3 ₹14 (27.27%) 01-05-2024 12:05
Vodafone Idea Limited FPO Timeline (Tentative Schedule)

Vodafone Idea Limited FPO opens on April 18, 2024 and closes on April 22, 2024.

IPO Open Date Thursday, April 18, 2024
IPO Close Date Monday, April 22, 2024
Basis of Allotment* Tuesday, April 23, 2024
Initiation of Refunds* Wednesday, April 24, 2024
Credit of Shares to Demat* Wednesday, April 24, 2024
Listing Date* Tuesday, April 30, 2024
Cut-off time for UPI mandate confirmation 05:00 pm, April 22, 2024
Vodafone Idea Limited FPO Lot Size

Investors can bid for a minimum of 1298 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 1298 ₹ 14,278
Retail (Max) 14 18172 ₹ 199,892
S-HNI (Min) 15 19470 ₹ 214,170
S-HNI (Max) 70 90860 ₹ 999,460
B-HNI (Min) 71 92158 ₹ 1,013,738
Lot Size Calculator
Vodafone Idea Limited FPO Promoter Holding

The promoters of the company are The Promoters of the company are Kumar Mangalam Birla, Hindalco Industries Limited, Grasim Industries Limited, Birla TMT Holdings Private Limited, Vodafone International Holdings B.V., Al-Amin Investments Limited, Asian Telecommunication Investments (Mauritius) Limited, CCII (Mauritius), Inc., Euro Pacific Securities Ltd, Vodafone Telecommunications (India) Limited, Mobilvest, Prime Metals Ltd, Trans Crystal Ltd, Omega Telecom Holdings Private Limited and Usha Martin Telematics Limited.

Share Holding Pre Issue 48.75%
Share Holding Post Issue 36.87%
About Vodafone Idea Limited FPO

Incorporated in March 1995, Vodafone Idea Limited is a telecommunications service provider in India. The company provides voice, data, and value-added services across 2G, 3G, and 4G technologies, such as short messaging and digital services for enterprises and consumers.

As of December 31, 2023, the company had over 223.0 million subscribers and a subscriber market share of 19.3%. Its network carried 401 billion voice minutes and 6,004 billion MB of data.

As of Dec 31, 2023, Vodafone offers mobile and fixed services to 300M+ customers in 17 countries, and has IoT collaborations with networks in 45 other countries.ternet of Things (IoT) platforms in the world.

The company operates under a strong brand with over three decades of experience from Vodafone and Idea. Total income for FY2023 was ₹424,885 million, with ₹321,256 million for the nine months ended December 31, 2023.

As of December 31, 2023, the company operates around 183,400 tower locations in India, providing broadband services to over 438,900 units, covering more than a billion people. The merger has increased their 4G population coverage from 1.18 billion to over 1 billion.

As of Dec 31, 2023, the company had 2,300 branded urban stores in India, covering over 95% of all districts, including its own and franchisee-owned stores.

By December 31, 2023, the company had a total of 12,598 individuals employed in all its operations.

Objects of the Vodafone Idea Limited FPO

The company proposes to utilise the Net Proceeds towards funding of the following objects:

  • Purchase of equipment for the expansion of the network infrastructure by: (a) setting up new 4G sites; (b) expanding the capacity of existing 4G Sites and new 4G sites; and (c) setting up new 5G sites;
  • Payment of certain deferred payments for spectrum to the DoT and the GST thereon; and
  • General corporate purposes.
Vodafone Idea Limited FPO Prospectus
Contact Details

Vodafone Idea Limited
Suman Tower, Plot No. 18
Sector 11,
Gandhinagar-382011
Phone: +91 98246 34997
Email: shs@vodafoneidea.com
Websitehttp://www.myvi.in/

Vodafone Idea Limited FPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: vil.fpo@linkintime.co.in
Websitehttps://linkintime.co.in/initial_offer/public-issues.html

Vodafone Idea Limited FPO Listing Details
Listing Date April 30, 2024
BSE Script Code 532822
NSE Symbol IDEA
ISIN INE669E01016
Final Issue Price ₹ 11 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Vodafone Idea Limited FPO Stock Quote & Charts
NSE Symbol: IDEA
Day Open Price: ₹ 13.25
Day High - Low: ₹ 13.3 - ₹ 12.75
Previous Close: ₹ 13.2
Total Traded Value: ₹ 8928057061.05
Traded Quantity: 688684063
Total Trade: 286949
Updated On: 06 May 2024

Stock Details >>
Listing Day Trading Information View IPO Performance
Price Details NSE BSE
Final Issue Price ₹ 11 ₹ 11
Open ₹ 11.80 ₹ 13.73
Low ₹ 11.80 ₹ 13.02
High ₹ 14.40 ₹ 13.93
Close Price ₹ 13.09 ₹ 13.09
FAQ

Vodafone Idea Limited FPO is a main-board FPO of 16,363,636,363 equity shares of the face value of ₹ 10 aggregating up to ₹ 18000 Crores. The issue is priced at ₹10 to ₹11 per share. The minimum order quantity is 1298 Shares.

The Vodafone Idea Limited FPO opens on April 18, 2024 and closes on April 22, 2024.

Retail Investors: ₹.14,278 (1298 shares) Small HNI : ₹.214,170(15 lots, 19470 shares) Big HNI : ₹.1,013,738(71 lots, 92158 shares)

The finalization of Basis of Allotment for Vodafone Idea Limited FPO will be done on Tuesday, April 23, 2024, and the allotted shares will be credited to your demat account by Wednesday, April 24, 2024. Check the Vodafone Idea Limited FPO allotment status.