Vodafone Idea Limited FPO IPO
Vodafone Idea Limited FPO IPO is listed on BSE and NSE, priced at ₹10–₹11 per share. The stock debuted at ₹11.8, delivering a listing gain of 7.3%. The IPO had a lot size of ₹1298 shares and a minimum investment of ₹14,278.
Vodafone Idea Limited FPO
- IPO Dates
- Apr 18, 2024 – Apr 22, 2024
- Price band
- ₹10-11 per equity share
- Minimum Investment
- ₹14,278
- Issue size
- ₹18000 Cr
- Lot size
- 1298
- Allotment Date
- Apr 23, 2024
- Listing
- Apr 25, 2024
- Listing At
- BSE, NSE
IPO timeline
-
Apr 18, 2024
Open Date
Completed
-
Apr 22, 2024
Close Date
Completed
-
Apr 23, 2024
Allotment Date
Completed
-
Apr 25, 2024
Listing Date
Completed
Price Summary
- Last closing
- 12.94 (17.64%)
- 52 week high
- 13.09
- 52 week low
- 6.12
- Last update
Vodafone Idea Limited FPO IPO Essentials
Vodafone Idea Limited FPO IPO Details
Vodafone Idea Limited FPO IPO is priced at ₹10-11 per share with a total issue size of 18000 crore. The IPO has a lot size of 1298 shares and is listed on BSE and NSE.
- Issue price
- ₹10-11 per equity share
- Lot size
- 1298 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 16,363,636,363 shares(aggregating up to ₹18,000.00 Cr)
- Total issue size
- 16,36,36,36,363 shares
(aggregating up to ₹18000 crore) - Fresh issue
- 16,36,36,36,363 shares
(aggregating up to ₹18000 crore) - Listing at
- BSE, NSE
- List price
- 11.8(NSE)
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Axis Capital Limited, Jefferies India Private Limited, SBI Capital Markets Limited
Market Lot Size
Investors can bid for a minimum of 1,298 shares and in multiples thereof. The following 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 | 1,298 | ₹14,278 |
| Retail(max) | 14 | 18,172 | ₹1,99,892 |
| sHNI(min) | 15 | 19,470 | ₹2,14,170 |
| sHNI(max) | 70 | 90,860 | ₹9,99,460 |
| sHNI(min) | 71 | 92,158 | ₹10,13,738 |
Vodafone Idea Limited FPO IPO Reservation
Vodafone Idea Limited FPO IPO reservation details show category-wise allocation of shares. Out of the total 16,363,636,362 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 4,909,090,908 (30%) | |
| QIB Shares Offered | 3,272,727,273 (20%) | |
| NII (HNI) Shares Offered | 2,454,545,454 (15%) | |
| bHNI > ₹10L | 1,636,363,636 (10%) | 84,045 |
| sHNI < ₹10L | 818,181,818 (5%) | 42,022 |
| Retail Shares Offered | 5,727,272,727 (35%) | 4,412,382 |
| Total Shares Offered | 16,363,636,362 (100%) |
Vodafone Idea Limited FPO IPO Analytics
Vodafone Idea Limited FPO IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Vodafone Idea Limited FPO IPO Subscription Status
Vodafone Idea Limited FPO IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 3,272,727,273 |
2,454,545,454
1,636,363,636
818,181,818
|
5,727,272,727 | 11,454,545,454 |
|
Day 1
18-04-24 05:00 PM
|
0.61 x |
0.28x
0.33x
0.17x
|
0.06 x | 0.26 x |
|
Day 2
19-04-24 05:00 PM
|
0.93 x |
0.75x
0.92x
0.40x
|
0.13 x | 0.49 x |
|
Day 3
22-04-24 05:00 PM
|
19.31 x |
4.54x
6.04x
1.55x
|
1.01 x | 6.99 x |
Vodafone Idea Limited FPO Valuations
Earnings
- EPS Pre IPO
- -₹5.85/-
- EPS Post IPO
- -₹4.73/-
- P/E Pre IPO
- -1.88
- P/E Post IPO
- -2.33
Vodafone Idea Limited FPO Financials( In Crs.)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 207,242.7 | 194,029.1 | 203,480.6 |
| Revenue | 42,488.5 | 38,644.9 | 42,126.4 |
| Profit After Tax | -29,301.1 | -28,245.4 | -44,233.1 |
| Net Worth | -74,359.10 | -61,964.80 | -38,228.0 |
| Reserves & Surplus | -123,038.8 | -94,083.6 | N/A |
| Total Borrowing | 201,586.0 | 190,917.7 | 180,310.3 |
Vodafone Idea Limited FPO Company & Offer Insights
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.
Vodafone Idea Limited FPO Promoter(s)
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. are the company's promoters of Vodafone Idea Limited FPO.
Vodafone Idea Limited FPO IPO Issue Objectives
- •
- 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 Limited FPO IPO - Anchor Investors
Vodafone Idea raises Rs 5400 crore from nearly 60 anchor investors.
The telecom company allocated 491 crore shares to anchor investors at Rs 11 per share. The highest number of shares, or 26 percent of the total shares allocated to anchor investors, have been allocated to US-based GQG Partners. The shares are worth Rs 1,345 crore. Fidelity Investments invested about Rs 772 crore in the FPO. Troo Capital and Australian Super will also be investing Rs 331 crore and Rs 130 crore, respectively.
Vodafone Idea has raised Rs 5,400 crore from 74 anchor investors, the company announced in a press statement on Wednesday. The investors include GQG Partners, The Master Trust Bank of Japan, UBS, Morgan Stanley Investment Management, Citigroup Global Markets, Australian Super, Fidelity, Quant, and Motilal Oswal.
About 16.2 percent of the total allocation amounting to Rs 874 crore to anchor investors were allocated to five domestic mutual funds, led by Motilal Oswal Midcap Fund which invested Rs 500 crores.
Vodafone Idea Limited FPO IPO - Strengths and Risks
Vodafone Idea Limited FPO IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Vodafone Idea Limited FPO
+91 98246 34997
Suman Tower, Plot No. 18, Sector 11, Gandhinagar -382011
Registrar Contact Details
Link Intime India Private Ltd
+91-22-4918 6270
Frequently Asked Questions
Click any question to reveal the answer
Vodafone Idea Limited FPO IPO is a book-built IPO worth ₹18000 crore. The price band is ₹10–₹11 per share. The IPO opens on Apr 18, 2024 and closes on Apr 22, 2024. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.
The price band of Vodafone Idea Limited FPO IPO is ₹10 to ₹11 per share.
The lot size of Vodafone Idea Limited FPO IPO is 1298 shares.
The minimum investment for Vodafone Idea Limited FPO IPO is approximately ₹14,278 based on the upper price band .
Vodafone Idea Limited FPO IPO opens on Apr 18, 2024 and closes on Apr 22, 2024.
The allotment date of Vodafone Idea Limited FPO IPO is Apr 23, 2024.
Vodafone Idea Limited FPO IPO is expected to be listed on Apr 25, 2024, on BSE and NSE .
Vodafone Idea Limited FPO IPO listed on Apr 25, 2024. It was issued at ₹11.8(NSE) and is currently around ₹12.94 as on 14-May-2026 3:30 PM, which is approximately 17.6% versus issue price. The 52-week high is ₹13.09.
Based on listing and post-listing performance, Vodafone Idea Limited FPO IPO delivered around 17.6% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Vodafone Idea Limited FPO IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Vodafone Idea Limited FPO IPO valuation snapshot: P/E -2.33, EPS -₹4.73/-, P/B N/A, RoNW %, and market cap N/A.
To apply for Vodafone Idea Limited FPO IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Vodafone Idea Limited FPO IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Vodafone Idea Limited FPO IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Vodafone Idea Limited FPO IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Vodafone Idea Limited FPO IPO allotment status on IPO Ji for quick and easy access.