Friday, May 3, 2024

Vodafone Idea FPO Date, Review, Price, Allotment Details

Vodafone Idea is the 3rd biggest telecommunications carrier supplier in India in keeping with subscriber base (Source: TRAI Subscription Report). According to the GSMA Intelligence Database, they’re the 6th biggest mobile operator globally relating to collection of subscribers in one nation of operations. Through their pan India community, they provide voice, information, undertaking, and different value-added products and services (“VAS”), together with quick messaging products and services and virtual products and services throughout 2G, 3G, and 4G applied sciences. They additionally be offering connectivity products and services to undertaking shoppers. They hang lively licenses for nationwide long-distance (“NLD”), world long-distance (“ILD”), web carrier supplier (“ISP”), and registration for infrastructure supplier (“IP-1”) products and services. They elevate inter-service house voice site visitors and incoming and outgoing world voice site visitors on their community, which is facilitated thru interconnections with their lively licenses.

Their promoters are a part of the Aditya Birla staff and the Vodafone staff. The Aditya Birla staff is without doubt one of the biggest trade teams in India and a number one world conglomerate. As of March 31, 2023, the Aditya Birla staff had a presence in 40 international locations throughout various sectors similar to cement, metals and mining, cell telecommunications, type retail, monetary products and services, textiles, carbon black, buying and selling, chemical compounds, renewables, paints, actual property, and jewelry retail. During the Financial Year 2023, Aditya Birla Group’s in a foreign country revenues had been additionally derived from operations in North and South America, Europe, and Asia (except India). The Vodafone staff is the most important pan-European and African telecommunications corporate. As of December 31, 2023, the Vodafone staff supplies cell and glued products and services to over 300 million shoppers in 17 international locations and has collaborations with cell networks in 45 different international locations. The Vodafone staff additionally has one of the vital international’s biggest Internet of Things (“IoT”) platforms.

All their products and services and merchandise are presented underneath the logo sponsored through the sturdy logo recall of the Vodafone and Idea manufacturers and cumulatively greater than 3 many years of operations. Their general source of revenue for the Financial Year 2023 and 9 months ended December 31, 2023, was once ₹424,885 million and ₹321,256 million, respectively.

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Objects of the Issue

  • Purchase of kit for the growth of the community infrastructure through: (a) putting in place new 4G websites; (b) increasing the capability of current 4G Sites and new 4G websites; and (c) putting in place new 5G websites.
  • Payment of sure deferred bills for spectrum to the DoT and the GST thereon.
  • General company functions.

Vodafone Idea FPO Review (Apply or Not)

Brokerage Firm FPO Review

  • Capital Market: To be up to date quickly
  • Religare Broking: To be up to date quickly
  • Hem Securities: To be up to date quickly
  • Arihant Capital: To be up to date quickly

Vodafone Idea (VI) FPO Date & Price Band Details

FPO Open: April 18, 2024
FPO Close: April 22, 2024
FPO Size: Approx ₹18000 Crores
Fresh Issue: Approx ₹18000 Crores
Face Value: ₹10 Per Equity Share
FPO Price Band: ₹10 to ₹11 Per Share
FPO Listing on: BSE & NSE
Retail Quota: 35%
QIB Quota: 50%
 NII Quota: 15%
Discount: N/A
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here

Vodafone Idea FPO Market Lot

The Vodafone Idea FPO minimal marketplace lot is 1,298 stocks with ₹14,278 utility quantity. The retail buyers can observe up-to 14 quite a bit with 18,172 stocks or ₹199,892 quantity.

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Application Lot Size Shares Amount
Retail Minimum 1 1,298 ₹14,278
Retail Maximum 14 18,172 ₹199,892
S-HNI Minimum 15 19,470 ₹214,170
B-HNI Minimum 71 92,158 ₹1,013,738

Vodafone Idea FPO Allotment & Listing Dates

The Vodafone Idea FPO date is April 18 and the shut date is April 22. The Vodafone Idea FPO allotment will probably be finalized on April 23 and the FPO record on April 25.

Price Band Announcement: April 17, 2024
FPO Open Date: April 18, 2024
FPO Close Date: April 22, 2024
Basis of Allotment: April 23, 2024
Refunds: April 24, 2024
Credit to Demat Account: April 24, 2024
FPO Listing Date: April 25, 2024

You can test FPO subscription standing and FPO allotment standing on their respective pages.

Vodafone Idea FPO Form

How to use for the Vodafone Idea FPO? You can observe for Vodafone Idea FPO by means of ASBA to be had for your checking account. Just move to the net financial institution login and observe by means of your checking account through deciding on the Vodafone Idea FPO within the Invest segment. The different possibility is you’ll observe for Vodafone Idea FPO by means of FPO bureaucracy downloaded by means of NSE and BSE. Check out the Vodafone Idea bureaucracy – Click BSE Forms & NSE Forms clean FPO bureaucracy obtain, fill, and post for your financial institution or along with your dealer.

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Vodafone Idea Company Financial Report

  ₹ in Crores
Year Revenue Expense PAT
2021 ₹42,126 ₹25,007 ₹44,233
2022 ₹38,645 ₹22,479 ₹28,245
2023 ₹42,489 ₹25,360 ₹29,301
Dec 2023 ₹32,126 ₹19,255 ₹23,564

Vodafone Idea FPO Valuation – FY2023

Check Vodafone Idea FPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): -₹8.43 according to Equity Share
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): NA%
Net Asset Value (NAV): -₹15.28 according to Equity Share

Peer Group

  • Bharti Airtel Limited
  • Bharti Hexacom Limited
  • Reliance Jio Infocomm Limited
  • 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
  • Usha Martin Telematics Limited

Vodafone Idea FPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html

Vodafone Idea FPO Allotment Status Check

Check Vodafone Idea FPO allotment standing on Linkintime web site allotment URL. Click Here

Vodafone Idea FPO Lead Managers aka Merchant Bankers

  • Axis Capital Limited
  • Jefferies India Private Limited
  • SBI Capital Markets Limited 

Company Address

Vodafone Idea Limited
Suman Tower, Plot No. 18
Sector 11,
Gandhinagar-382011
Phone: +91 98246 34997
Email: [email protected]
Website: http://www.myvi.in/

Vodafone Idea FPO FAQs

What is Vodafone Idea FPO?

Vodafone Idea FPO is a main-board FPO. They are going to lift ₹18000 Crores by means of FPO. The factor is priced at ₹10 to ₹11 pr fairness percentage. The FPO is to be indexed on BSE & NSE.

When Vodafone Idea FPO will open?

The FPO is to open on April 18, 2024 for QIB, NII, and Retail Investors.

What is Vodafone Idea FPO Investors Portion?

The buyers’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Vodafone Idea FPO?

You can observe for Vodafone Idea FPO by means of ASBA on-line by means of your checking account. You too can observe for ASBA on-line by means of UPI thru your inventory agents. You too can observe by means of your inventory agents through filling up the offline shape.

How to Apply the Vodafone Idea FPO thru Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on FPO. You will see the FPO Name “Vodafone Idea”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit FPO Application Form. Now move for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Vodafone Idea FPO thru Upstox?

Log in to the Upstox Application along with your credentials. Select the FPO. You will see the FPO Name “Vodafone Idea”. Click on Bid Button. Confirm your Application. Now move for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Vodafone Idea FPO thru Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the FPO. You will see the FPO Name “Vodafone Idea”. Click on Bid Button. Confirm your Application. Now move for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Vodafone Idea FPO Size?

Vodafone Idea FPO dimension is ₹18000 crores.

What is Vodafone Idea FPO Price Band?

Vodafone Idea FPO Price Band is ₹10 to ₹11.

What is Vodafone Idea FPO Minimum and Maximum Lot Size?

The minimal bid is [.] Shares with ₹[.] quantity whilst the utmost bid is [.] stocks with ₹[.].

What is the Vodafone Idea FPO Allotment Date?

Vodafone Idea FPO allotment date is April 23, 2024.

What is the Vodafone Idea FPO Listing Date?

Vodafone Idea FPO record date is April 25, 2024. The FPO is to checklist on BSE and NSE.

Note: The Vodafone Idea FPO worth band and date are formally introduced but. The FPO gray marketplace top class (Vodafone Idea FPO Premium) will probably be added to the FPO gray marketplace web page as it’ll get started).



– Source : IPOWATCH

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