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 25, 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)
IPO Date | April 18, 2024 to April 22, 2024 |
Listing Date | April 25, 2024 |
Face Value | ₹10 per share 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) |
Listing At | BSE, NSE |
Share holding pre issue | 50,119,820,375 |
Share holding post issue | 66,483,456,738 |
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%) |
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 |
Others | ||||
Total** | 11,454,545,454 | 80,122,932,318 | 88,135.23 | 6.99 |
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 remaining shares (90 Days) | July 22, 2024 |
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* | Thursday, April 25, 2024 |
Cut-off time for UPI mandate confirmation | 05:00 pm, May 24, 2024 |
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 |
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% |
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.
The company proposes to utilise the Net Proceeds towards funding of the following objects:
Vodafone Idea Limited
Suman Tower, Plot No. 18
Sector 11,
Gandhinagar-382011
Phone: +91 98246 34997
Email: shs@vodafoneidea.com
Website: http://www.myvi.in/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: vil.fpo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Listing Date | April 25, 2024 |
BSE Script Code | 532822 |
NSE Symbol | IDEA |
ISIN | INE669E01016 |
Final Issue Price | ₹ 11 per share |
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 | ₹ 13.90 | ₹ 13.09 |
Vodafone Idea Limited FPO is a main-board IPO of 16,363,636,363 equity shares of the face value of ₹ 10 per share 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.