Vodafone Idea FPO Date, Review, Price, Allotment Details

Vodafone Idea FPO GMP Today, Vodafone Idea FPO Grey Market Premium Updates |  Vodafone Idea, Latest target, Opening gain

Vodafone Idea FPO began on 18 APRIL 2024. It will close on 22 APRIL 2024. The Total FPO Size is 18,000.00 Crore Approx. The company set its FPO price is ₹10 to ₹11 per share Per Share. There are three basic categories in Vodafone Idea FPO Subscription:- 1) Qualified Institutional Buyers.  2) Non-Institutional Investors.  3) Retail.

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 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.

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

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
Key Performance Indicator

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:

  1. 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;
  2. Payment of certain deferred payments for spectrum to the DoT and the GST thereon;
  3. General corporate purposes.


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.



Frequently Asked Questions

What is Vodafone Idea FPO?

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.

When Vodafone Idea FPO will open?

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

How to apply for Vodafone Idea FPO?

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.

When Vodafone Idea FPO allotment?

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.

When is Vodafone Idea FPO listing date?

The Vodafone Idea FPO listing date is not yet announced. The tentative date of Vodafone Idea FPO listing is April 25, 2024.

What is the lot size of Vodafone Idea FPO?

Vodafone Idea FPO lot size is 1,298 Shares and the minimum order quantity is 1 Shares.