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
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
Funds Raised in the IPO | Amount |
---|---|
Overall | 18000 Cr |
Fresh Issue | Cr |
Offer for Sale | Cr |
Allotment Timeline | Details |
---|---|
Allotment Date | 23 Apr 2024 |
Allotment Link | {Link} |
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.
Date | Ipo Price | GMP | Estimated Listing Price |
---|---|---|---|
25 Apr 2024 | ₹11 | ₹1 | ₹12 (12.73%) |
24 Apr 2024 | ₹11 | ₹1 | ₹12 (12.73%) |
23 Apr 2024 | ₹11 | ₹2 | ₹13 (20%) |
22 Apr 2024 | ₹11 | ₹1 | ₹12 (10.91%) |
21 Apr 2024 | ₹11 | ₹1 | ₹12 (4.55%) |
20 Apr 2024 | ₹11 | ₹1 | ₹12 (5.45%) |
19 Apr 2024 | ₹11 | ₹1 | ₹12 (5.45%) |
18 Apr 2024 | ₹11 | ₹2 | ₹13 (13.64%) |
17 Apr 2024 | ₹11 | ₹2 | ₹13 (15.45%) |
16 Apr 2024 | ₹11 | ₹2 | ₹13 (13.64%) |
15 Apr 2024 | ₹11 | ₹2 | ₹13 (13.64%) |
Issue Price | Listing Gain | Current Market Price | P/L |
---|---|---|---|
₹10 to ₹11 per share | ₹ 13 (26.36%) | ₹ 7.55 | -31.36% |
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 in | 1995 |
Managing director | |
Parent organization |
Category | Subscription (No. of times) |
---|---|
Qualified Institutional Buyers (QIBs) | 19.31 |
Non-Institutional Investors (NIIs) | 4.54 |
Retail Individual Investors (RIIs) | 1.01 |
Employee | N/A |
Total | 6.99 |