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Vodafone Idea Limited FPO – Important Dates, GMP & Full Review

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Vodafone Idea Limited who offer voice, data, enterprise and other value-added services which includes SMS and digital services across 2G, 3G and 4G technologies are raising ₹18,000 crores approximately through Follow-on Public Offer (FPO). FPO is similar to IPO (Initial Public Offering), Only difference is that in FPO already listed company Issue New Shares to the New Investors whereas in IPO, company goes to public for the First Time.

The FPO will be open from Thursday, 18 April, 2024 and will close on Monday, 22 April, 2024. The FPO Price band is set to ₹11 and a retail investor can do minimum investment of ₹14,278 for a single lot of 1298 shares.

Vodafone Idea also provides connectivity services to Enterprise Customers. They hold active licenses for National Long Distance, International Long Distance & Internet Service Providers. They are also in registration for (IP-1) Infrastructure Provider Services.

Vodafone Idea Limited FPO Important Dates And Prices

FPO Opening Date18 April, 2024
FPO Closing Date22 April, 2024
FPO Allotment Date23 April, 2024
Date of Refund Initiation24 April, 2024
Single Price₹11
Total Shares1298/Lot
Minimum Investment₹14,278
FPO Listing25 April, 2024
Listing OnBSE NSE

Vodafone Idea FPO Important Details

FPO Issue Size₹18,000 Crores
FPO Face Value₹10/Share
FPO Retail Percentage35%
QIB Percentage50%
NII Percentage15%
FPO Mandate Last Date22 April, 2024 (Till 5 PM)
FPO RegistrarLinktime India Pvt. Ltd.

Vodafone Idea Limited FPO GMP (Grey Market Premium)

As On 16-04-2024₹2
As On 18-04-2024

Vodafone Idea Limited Company Qualities

  • Large Subscriber Base
  • Trusted brand with strong proposition
  • Strong Promoter Support
  • Large enterprise customer base with longstanding relationships
  • Extensive distribution and service network

15 Promoters of Vodafone Idea Limited Company:

  • Kumar Mangalam Birla
  • Hindalco Industries Limited
  • Grasim Industries Limited
  • Al-Amin Investments Limited
  • Asian Telecommunication Investments (Mauritius) Limited
  • Euro Pacific Securities Limited
  • Vodafone Telecommunications (India) Limited
  • Prime Metals Limited
  • Trans Crystal Limited
  • Omega Telecom Holdings Private Limited
  • Usha Martin Telematics Limited
  • Mobilvest
  • Birla TMT Holdings Private Limited
  • Vodafone International Holdings B.V.
  • CCII (Mauritius), Inc.

Vodafone Idea FPO Full Review (Apply)

Vodafone Idea Limited company has an ROE of 27.4% and RoNW of about 20.8%. PAT Margin Percentage of Vodafone Idea is approx. 10.57%. Our Review For This FPO is you Apply For This FPO as company is very big and doing great from lot of years.

Vodafone Idea Limited FPO Important Links

Allotment Status or Registrar LinkLinktime India Pvt. Ltd.
Company Websitewww.myvi.in

FAQ’s Related to Vodafone Idea FPO

  1. What is the issue size of Vodafone Idea FPO?

    Issue size of Vodafone Idea Limited FPO is approximately 18,000 Crores and has a face value of 10 per equity share.

  2. From Which Date Vodafone Idea Limited FPO will open?

    Vodafone Idea Limited FPO will open from Thursday, 18 April, 2024.

  3. What is the last date to apply for the Mandate of Vodafone Idea FPO?

    Vodafone Idea FPO last date to apply for the Mandate is Monday, 22nd April, 2024.

  4. What is the price of single share of Vodafone Idea FPO and how many shares are there in one lot?

    Vodafone Idea Limited FPO Price is 11 per share and a total of 1298 shares are there in a single lot. Minimum Investment Required is 14,278.

  5. Who is the Registrar of Vodafone Idea Limited FPO?

    Vodafone Idea Limited FPO Registrar is Linktime India Private Limited.

  6. What is the listing date of Vodafone Idea Limited FPO?

    Vodafone Idea Limited FPO is going to list on Thursday, 25 April, 2024.

How You Can Apply For Vodafone Idea Limited FPO?

  • To Apply For the Vodafone Idea Limited FPO, First You Need To open a DEMAT Account.
  • Open a Demat Account Online With Platform or Apps like Zerodha, Upstox, Angel One, Paytm Money and Groww.
  • Once DEMAT Account is Opened, Open the App given Above with which you apply for DEMAT Account and Look for the IPO section.
  • Select the Vodafone Idea Limited FPO in the IPO Section and click on Apply Now Button.
  • After that, Add No of Lot you want to apply for. It can be 1 or many according to your budget. Maximum Lot you can apply for is 35.
  • After adding Lot, Enter UPI (Unified Payment Interface) ID and Click on Apply for FPO.
  • After hitting apply for FPO button, you will receive a Mandate Request on your UPI Platform with in few minutes. It can take up to 1 hour also, sometimes.
  • If You did not received Mandate Request with in 1 hour, You can even cancel the FPO application you applied for.
  • And after Cancelling the Application, You can reapply again for the Vodafone Idea Limited FPO which you want to buy.
  • On receiving Mandate Request Again in the UPI app, click on Accept Mandate, Enter your UPI Pin and your Mandate Amount and Press Enter.
  • On Successful FPO Mandate Request, Amount will be blocked by the Bank, till the date of initiation of refunds.
  • If FPO shares are allotted to you, your amount will be permanently debit from your bank account in that case.

Read More: Upcoming IPO List 2024

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