Vodafone Idea Limited FPO
Mainboard₹14,278 / 1298 Shares
Vodafone Idea Limited FPO IPO Details
The Vodafone Idea Limited FPO IPO price band is set between ₹10-11 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 18 Apr, 2024 and closes on 22 Apr, 2024. Investors can check the allotment status on 23 Apr, 2024, while the listing date is tentatively scheduled for 25 Apr, 2024.
The total issue size is 16,363,636,363 shares, aggregating up to ₹18,000.00 Cr. Stay tuned for the latest Vodafone Idea Limited FPO IPO review and GMP updates.
Vodafone Idea Limited FPO IPO Review, Rating & Analysis
Vodafone Idea Limited FPO IPO Review
NO REVIEWVodafone Idea Limited FPO IPO Rating
Vodafone Idea Limited FPO IPO Highlights
IPO Date
Apr 18, 2024 - Apr 22, 2024
Listing Date
25 Apr, 2024
Face Value
₹10 Per Equity Share
Price Band
₹10-11 per equity share
Lot Size
1298 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Vodafone Idea Limited FPO IPO Lot Size
The minimum market lot for Vodafone Idea Limited FPO IPO is 1298 shares with an application amount of ₹14,278. Retail investors can apply for up to 14 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1298 | ₹14,278 |
| Retail (Max) | 14 | 18172 | ₹1,99,892 |
| S-HNI (Min) | 15 | 19470 | ₹2,14,170 |
| S-HNI (Max) | 70 | 90860 | ₹9,99,460 |
| B-HNI (Min) | 71 | 92158 | ₹10,13,738 |
Vodafone Idea Limited FPO IPO Timeline
Issue Price
₹10-11 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Axis Capital LimitedJefferies India Private LimitedSBI Capital Markets LimitedIssue Size
16,363,636,363 shares(aggregating up to ₹18,000.00 Cr)Vodafone Idea Limited FPO IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 207242.7 | 42488.5 | -29301.1 | -74359.10 | -123038.8 | 201586.0 |
| 31 Mar 22 | 194029.1 | 38644.9 | -28245.4 | -61964.80 | -94083.6 | 190917.7 |
| 31 Mar 21 | 203480.6 | 42126.4 | -44233.1 | -38228.0 | N/A | 180310.3 |
All values are in ₹ Cr.
Vodafone Idea Limited FPO IPO Valuations
EPS Pre IPO
-₹5.85/-EPS Post IPO
-₹4.73/-PE Pre IPO
-1.88PE Post IPO
-2.33ROE
-ROCE
-Debt Equity
-RoNW
%PAT Margin
-Price to Book Value
-Promoters & Share Holding
Promoter(s) Name
- 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.
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 48.75% | 36.87% |
About Company
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 IPO Subscription Details
| As on | QIB | NII bNII sNII | 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 | 0.28 0.33 x 0.17 x | 0.06 x | 0.26 x |
Day 2 -19-04-24 05:00 PM | 0.93 x | 0.75 0.92 x 0.40 x | 0.13 x | 0.49 x |
Day 3 -22-04-24 05:00 PM | 19.31 x | 4.54 6.04 x 1.55 x | 1.01 x | 6.99 x |
Company Contact Details
Vodafone Idea Limited FPO
Suman Tower, Plot No. 18, Sector 11, Gandhinagar -382011Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: vil.fpo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Frequently Asked Questions about Vodafone Idea Limited FPO IPO
When will Vodafone Idea Limited FPO IPO open for subscription?
The Vodafone Idea Limited FPO IPO opens on 18 Apr, 2024 and closes on 22 Apr, 2024.
What is the investors portion for Vodafone Idea Limited FPO IPO?
The investors' portion for QIB is 19.31 x, NII is 6.04 x, and Retail is 1.01 x.
How to apply for Vodafone Idea Limited FPO IPO?
You can apply for Vodafone Idea Limited FPO IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Vodafone Idea Limited FPO IPO?
The issue size of Vodafone Idea Limited FPO IPO is approx ₹16,363,636,363 shares(aggregating up to ₹18,000.00 Cr) crores.
What is the price band of Vodafone Idea Limited FPO IPO?
The price band for Vodafone Idea Limited FPO IPO is ₹10 to ₹11 per equity share.
What is the lot size of Vodafone Idea Limited FPO IPO?
The minimum bid (lot size) for Vodafone Idea Limited FPO IPO is N/A shares with an investment of approx ₹14,278 .
What is the allotment date of Vodafone Idea Limited FPO IPO?
The allotment date for Vodafone Idea Limited FPO IPO is 23 Apr, 2024.
What is the listing date of Vodafone Idea Limited FPO IPO?
The listing date for Vodafone Idea Limited FPO IPO is expected to be 25 Apr, 2024.
What is the GMP of Vodafone Idea Limited FPO IPO?
The latest Grey Market Premium (GMP) for Vodafone Idea Limited FPO IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.