Vodafone Idea FPO: 10 key things to know about ₹18,000-crore issue as anchor book opens today
Vodafone Idea is set to launch its FPO to raise ₹18,000 crore and anchor investors bidding opens today, April 16. Vodafone Idea FPO is slated to be India’s biggest FPO, if successful, after Yes Bank’s ₹15,000 crore FPO in July 2020. The ₹20,000 crore worth Adani Enterprises FPO in 2023 was cancelled after being fully subscribed.
Read here: Vodafone Idea to launch ₹18,000 crore FPO at ₹10-11 price band Let us check some key things to know about Vodafone Idea FPO. 1] Vodafone Idea FPO Date: The bidding for Vodafone Idea FPO opens on Thursday, April 18 and will close on Monday, April 22. The anchor investor bidding date is Tuesday, April 16.
2] Vodafone Idea FPO Price Band: The Aditya Birla Group company has fixed the price band for the FPO at ₹10 to ₹11 per equity share of a face value of ₹10 each. Also Read: Vodafone Idea FPO: GQG Partners, Fidelity, HDFC MF, Quant MF likely to participate in anchor book, says Report 3] Vodafone Idea FPO Size: The total offer size of Vodafone Idea FPO is ₹18,000 crore. 4] Vodafone Idea FPO Details: The FPO comprises a fresh issue of up to 1,636.36 crore equity shares aggregating up to ₹18,000 crore.
5] Vodafone Idea FPO Lot Size: The FPO lost size is 1,298 shares. Bids for Vodafone Idea FPO can be made for a minimum of 1,298 equity shares and in multiples of 1,298 shares thereafter. The minimum investment amount required by retail investors will be ₹14,278.
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