Vodafone Idea FPO GMP Today, Vodafone Idea FPO Grey Market Premium Updates | Vodafone Idea, Latest target, Opening gain
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.
By December 31, 2023, the company had a total of 12,598 individuals employed in all its operations.
Vodafone Idea FPO Details:
| Issuer | Vodafone Idea FPO | |
| Issue Type | Book Built Issue FPO | |
| Issue Period | Issue Opens: 18 April 2024 | |
| Issue Closes: 22 April 2024 | ||
| Price Brand | ₹10 to ₹11 per share | |
| Issue Size | 18,000.00 Cr | |
| Face Value | ₹10 per share | |
| Market Lot | 1,298 Shares | |
| Retail (Max) | ₹199,892 | |
| QIB | 50% | |
| HNI | 15% | |
| Retail Individual Bidders | 35% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | 16,363,636,363 shares | |
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Vodafone Idea FPO GMP Rates day by day
Vodafone Idea FPO Market Lot:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1,298 | ₹14,278 |
| Retail (Max) | 13 | 18,172 | ₹199,892 |
| S-HNI (Min) | 14 | 19,470 | ₹214,170 |
| S-HNI (Max) | 67 | 90,860 | ₹999,460 |
| B-HNI (Min) | 68 | 92,158 | ₹1,013,738 |
Vodafone Idea FPO Date, Allotment & Listing:
| Vodafone Idea FPO Opening Date: | April 18, 2024 |
| Vodafone Idea FPO Closing Date: | April 22, 2024 |
| Basis of Allotment: | April 23, 2024 |
| Initiation of Refunds: | April 24, 2024 |
| Credit to Demat Account: | April 24, 2024 |
| Listing Date: | April 25, 2024 |
Vodafone Idea Limited FPO Financial Information (Restated Standalone)
Vodafone Idea Limited’s revenue increased by 9.95% and profit after tax (PAT) dropped by -3.74% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 190,801.80 | 207,242.70 | 194,029.10 | 203,480.60 |
| Revenue | 32,125.60 | 42,488.50 | 38,644.90 | 42,126.40 |
| Profit After Tax | -23,563.80 | -29,301.10 | -28,245.40 | -44,233.10 |
| Net Worth | -97,931.90 | -74,359.10 | -61,964.80 | -38,228.00 |
| Reserves and Surplus | -146,611.60 | -123,038.80 | -94,083.60 | |
| Total Borrowing | 203,425.70 | 201,586.00 | 190,917.70 | 180,310.30 |
| Amount in ₹ Crore | ||||
The market capitalization of VI FPO is Rs 73131.8 Cr.
KPI as of December 31, 2023.
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | -5.85 | -4.73 |
| P/E (x) | -1.88 | -2.33 |
Objects of the Issue (VI FPO Objectives)
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;
- General corporate purposes.
Vodafone Idea FPO ALLOTMENT STATUS
How to Apply for Vodafone Idea FPO?
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How to Apply Vodafone Idea FPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on FPO. You will see the FPO Name “Vodafone Idea FPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit FPO Application Form.
Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Vodafone Idea FPO through Upstox?
Log in to the Upstox Application with your credentials. Select the FPO. You will see the FPO Name “Vodafone Idea FPO”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of FPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date. 
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Frequently Asked Questions
Vodafone Idea FPO is a main-board initial public offering of 16,363,636,363 Equity shares of the face value of ₹10 aggregating up to ₹18,000.00 Crores. The issue price of the FPO is ₹10 to ₹11 Per Equity Share. The minimum order quantity is 1,298 Shares per application and the offer type is Book Built Issue. The FPO opens on April 18, 2024 and closes on April 22, 2024. Link Intime India Private Ltd is the registrar for the FPO. The shares are proposed to be listed on BSE, NSE.
The Vodafone Idea FPO opens on April 18, 2024 and closes on April 22, 2024.
You can apply in Vodafone Idea FPO online using either UPI or ASBA as payment method. ASBA FPO application is available in the net banking of your bank account. UPI FPO application is offered by brokers who don’t offer banking services. Read more detail about apply FPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Vodafone Idea FPO will be done on April 23, 2024, and the allotted shares will be credited to your demat account by April 24, 2024. Check the Vodafone Idea FPO Allotment status.
The Vodafone Idea FPO listing date is not yet announced. The tentative date of Vodafone Idea FPO listing is April 25, 2024.
Vodafone Idea FPO lot size is 1,298 Shares and the minimum order quantity is 1 Shares.