Vodafone Idea Limited

CLOSED

IPO Date: 18 Apr - 22 Apr 2024

Listing Date: 25 Apr 2024

Price Range

₹10 to ₹11 per share

Issue Size

18000 Cr

Min Investment

12,980

Lot Size

1298 Shares

Schedule of Vodafone Idea Limited

Issue open date

18 Apr 2024

Issue close date

22 Apr 2024

UPI mandate deadline

22 Apr 2024 (5 PM)

Allotment finalization

23 Apr 2024

Share credit

24 Apr 2024

Listing date

25 Apr 2024

Mandate end date

7 May 2024

Issue size

Funds Raised in the IPOAmount
Overall18000 Cr
Fresh Issue Cr
Offer for Sale Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date23 Apr 2024
Allotment Link{Link}

Grey Market PremiumNew

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIpo PriceGMPEstimated Listing Price
25 Apr 202411112 (12.73%)
24 Apr 202411112 (12.73%)
23 Apr 202411213 (20%)
22 Apr 202411112 (10.91%)
21 Apr 202411112 (4.55%)
20 Apr 202411112 (5.45%)
19 Apr 202411112 (5.45%)
18 Apr 202411213 (13.64%)
17 Apr 202411213 (15.45%)
16 Apr 202411213 (13.64%)
15 Apr 202411213 (13.64%)

Performance Vodafone Idea Limited

Issue PriceListing GainCurrent Market PriceP/L
₹10 to ₹11 per share 13 (26.36%) 7.55-31.36%

About Vodafone Idea Limited

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.

Founded in1995
Managing director
Parent organization

Financial Overview

Strengths

    Risks

      Subscription Figures

      CategorySubscription (No. of times)
      Qualified Institutional Buyers (QIBs)19.31
      Non-Institutional Investors (NIIs)4.54
      Retail Individual Investors (RIIs)1.01
      EmployeeN/A
      Total6.99