The VI FPO IPO date has been confirmed from April 18, 2024 and closes on April 22, 2024. Read the post to learn about Vodafone Idea Limited FPO (VI FPO) IPO GMP.
VI FPO Developers IPO is a fixed price issue of Rs 18,000 crores. The issue is entirely a fresh issue of 1636.36 crore shares. VI FPO opens for registrations on April 18, 2024 and ends on April 22, 2024. The allotment for the VI FPO is anticipated to be perfected on Tuesday, April 23, 2024. VI FPO will list on BSE, NSE with conditional table date fixed as Thursday, April 25, 2024. VI FPO price band is set at ₹ 10 to ₹ 11 per share. The minimal lot size for an operation is 1298 Shares. The minimal quantum of investment needed by retail investors is ₹ 14,278. The minimal lot size investment for sNII is 15 lots (19,470 shares), amounting to ₹214,170, and for bNII, it’s 71 lots (92,158 shares), amounting to ₹1,013,738.
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Key Details Of (VI FPO) IPO:
Bidding Dates
April 18-22
Price Range
₹10 to ₹11 per share
Face Value
₹10 per share
GMP
₹1.40
VI FPO IPO GMP
The VI FPO IPO GMP Today is ₹1.40.
VI FPO IPO Overview
VI FPO is a Rs 18,000.00 crore book-built issuance. The problem is wholly original. April 18, 2024 is when VI FPO opens for subscriptions, and it closes on April 22, 2024. On Tuesday, April 23, 2024, the allocation for the VI FPO is anticipated to be completed. The tentative listing date for VI FPO is Thursday, April 25, 2024, and it will take place on the BSE and NSE. Price ranges for VI FPO have not yet been disclosed.
VI FPO IPO Details
| IPO Date | April 18, 2024 to April 22, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹10 to ₹11 per share |
| Lot Size | |
| Total Issue Size | [.] shares (aggregating up to ₹18,000.00 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹18,000.00 Cr) |
| Issue Type | Book Built Issue FPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 50,119,820,375 |
VI FPO Limited Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 190,801.80 | 207,242.70 | 194,029.10 | 203,480.60 |
| Revenue | 32,125.60 | 42,488.50 | 38,644.90 | 42,126.40 |
| Profit After Tax | -23,563.80 | -29,301.10 | -28,245.40 | -44,233.10 |
| Net Worth | -97,931.90 | -74,359.10 | -61,964.80 | -38,228.00 |
| Reserves and Surplus | -146,611.60 | -123,038.80 | -94,083.60 | |
| Total Borrowing | 203,425.70 | 201,586.00 | 190,917.70 | 180,310.30 |
| Amount in ₹ Crore | ||||
VI FPO IPO Timeline
| IPO Open Date | Thursday, April 18, 2024 |
| IPO Close Date | Monday, April 22, 2024 |
| Basis of Allotment | Tuesday, April 23, 2024 |
| Initiation of Refunds | Wednesday, April 24, 2024 |
| Credit of Shares to Demat | Wednesday, April 24, 2024 |
| Listing Date | Thursday, April 25, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 22, 2024 |
Company Profile
Vodafone Idea Limited is an Indian supplier of telecommunications services that was innovated in March 1995. Using 2G, 3G, and 4G technologies, the company offers voice, data, and value- added services like digital services and short messaging for businesses and consumers. The pot had over223.0 million subscribers as of December 31, 2023, counting for19.3 of the subscriber request. 6,004 billion MB of data and 401 billion voice twinkles were transported over its network. By December 31, 2023, Vodafone will have over 300
million mobile and fixed customers across 17 countries. Additionally, Vodafone has partnerships with networks in 45 other countries for IoT projects.worldwide Internet of Things (IoT) platforms. The organisation has almost thirty years of experience from Idea and Vodafone and operates under a strong brand. FY2023 saw ₹424,885 million in total income, of which ₹321,256 million came from the nine months that concluded on December 31, 2023. By the end of 2023, the business will have about 183,400 tower locations operating in India, serving over 438,900 units and over a billion people with internet services.
Their 4G population content has expanded from1.18 billion to over 1 billion as a result of the junction. Including its own and franchisee- possessed stores, the company had 2,300 ingrained civic stores in India as of December 31, 2023, representing further than 95 of all sections. 12,598 people were working for the pot across all of its operations as of December 31, 2023.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Vodafone Idea Limited |
| Phone number | +91 98246 34997 |
| Email ID | [email protected] |
| Website | myvi.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
VI FPO IPO FAQs
When VI FPO will open?
The VI FPO opens on April 18, 2024 and closes on April 22, 2024.
What is the lot size of VI FPO?
VI FPO lot size and the minimum order quantity is not available at this time. Please check again later.
When is VI FPO allotment?
The finalization of Basis of Allotment for VI FPO will be done on Tuesday, April 23, 2024, and the allotted shares will be credited to your demat account by Wednesday, April 24, 2024.
When is VI FPO listing date?
The VI FPO listing date is not yet announced. The tentative date of VI FPO listing is Thursday, April 25, 2024.
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