Vodafone Idea's board has approved a further public offering of equity shares totaling up to Rs 18,000 crore, with a floor price of Rs 10 per share and a cap price of Rs 11 per share. The offering is set to open on April 18 and close on April 22. The telecom operator aims to raise $2.16 billion, the largest follow-on public offering in India. Investment firms like GQG Partners and State Bank of India Mutual Fund are considering investing up to $800 million in the share sale. Vodafone Idea plans to allocate Rs 5,720 crore for 5G from the FPO proceeds, expecting a 5G rollout in 6-9 months after the FPO. Anchor investors have already contributed Rs 5,400 crore, making it the third-largest anchor book in India.
[#BREAKING] #Vodafone-#Idea raises Rs 5,400 crore from nearly 60 #anchor #investors https://t.co/TqReeET7JF
JUST IN: #Vodafone-#Idea (Vi) raised Rs 5,400 crore from nearly 60 anchor #investors on Tuesday, making it the third-largest anchor book after #One97Communications and #LifeInsuranceCorporation 🗞️ Catch the day's latest news and updates ➠ https://t.co/GzUGMPz4ry https://t.co/P9nT26P2ie
BULLISH on Vodafone Idea? Rs 3000 crore boost by GQG Partners for Birla-led telco? India's largest FPO details https://t.co/CXmFRYjQQQ
Sanjiv Bhasin on Vodafone Idea FPO: Apply or not for Rs 18000 cr Vi's follow on public offer - Ace investor's review @sanjiv_bhasin https://t.co/MVA6NfygFT
JUST IN | GQG said to invest around $400 mn in Vodafone Idea: Agencies @ViBusinessIndia @GQGPartners https://t.co/aBbPFFB1WF
Rajiv Jain’s GQG Partners is looking to invest around $400 million in Vodafone Idea’s share sale that starts later this week, sources say https://t.co/q7XrgsbNwr
ET NOW Exclusive | Vodafone Idea FPO opens for anchor investors today; what are the dates for public investors? @anujosh_aj reveals https://t.co/csU6H8o8hR
#Vodafone-#Idea expects #5G rollout in 6-9 months after #FPO https://t.co/BrLKfNAr4g
#Vodafone-#Idea allocates Rs 5,720 crore for #5G from #FPO proceeds, but overall capex to be far higher https://t.co/PPXhE1DbC1
JUST IN | Vodafone Idea EGM will be held on May 8: Agencies @vodaidea_news #StockMarket https://t.co/gnqfnzy6RC
#IndusTowers could benefit big once #VodafoneIdea seals long-awaited ₹45,000 crore #fundraise https://t.co/gyTyc7GGBF
Stocks In News | Vodafone Idea: Govt shareholding will fall to 24% from 32% post FPO This is what the co said on revenue coverage for 5G, and dues to Govt @vodaidea_news #StockMarket https://t.co/pOkPXqKout
LIVE | Vodafone Idea press conference on their recent FPO @VodaIdea_NEWS https://t.co/D26fOT99q6
Sanjiv Bhasin on Vodafone Idea Stock, OFS: '3rd biggest telecom player is here to stay..' https://t.co/RmOJvC2HRN
Vodafone Idea Share Price Target 2024: Rs 18,000 cr FPO buzz - HOLD, SELL or BUY? https://t.co/GXn9QB844E
#VodafoneIdea is now on a fund raising drive and it will be rolling out its FPO next week. https://t.co/xqiRreZqfe
Vodafone Idea FPO: Record Rs 18,000 crore offer - Check VI FPO issue price, discount, KEY dates - 7 POINTS https://t.co/KQL5YE25JT
#Vodafone Idea FPO announced: ₹18000 crore offer coming on this date https://t.co/reyCMBM0MY https://t.co/BxgnzqXEZt
ET NOW Exclusive | Vodafone Idea FPO: Vi secures commitments from domestic and international investors; will cover institutional portion, sources tell @anujosh_aj https://t.co/oTC2NUVnck
Watch | Ace investor, Sanjiv Bhasin's views on Vodafone Idea's FPO @sanjiv_bhasin https://t.co/nrDP1HcUXj
Editor's Take | Vodafone Idea announces price band for Rs 18,000 crore FPO— Here's @nikunjdalmia's take! https://t.co/XpCOXXBUnq
GQG, SBI funds eye investments in Vodafone Idea $2.16 bln share sale, sources say https://t.co/aGixBA6GWJ https://t.co/jvSf40IJp7
Watch | Ace investor, Sanjiv Bhasin's views Vodafone Idea's FPO @sanjiv_bhasin https://t.co/ePhleMqXvN
Sources Say | GQG Partners, SBI Mutual Fund considering up to $800 mn invst in Vodafone Idea $2.16 bn share sale #VodafoneIdea https://t.co/xQVvNciyhZ
⚠️ GQG, SBI FUNDS EYE INVESTMENTS IN VODAFONE IDEA $2.16 BILLION SHARE SALE, SOURCES SAY Full Story → https://t.co/WOLW1nCj4M Investment firm GQG Partners and State Bank of India Mutual Fund are considering investing up to $800 million in total in a $2.16 billion share… https://t.co/GmMxHTrdaY
Sanjiv Bhasin Stock, Top Pick, BUY: Rs 40 DIVIDEND! Ace investor's contrarian bet - Share Price Target 2024 https://t.co/QzoaEHy6lj
#VodafoneIdea ₹18,000-crore FPO opens on April 18: All you need to know https://t.co/UgwxYuKsyP https://t.co/8VYfoIE9Z2
Vodafone Idea FPO News: Rs 18000 Cr Fundraising! Check date, price and other details https://t.co/1zVaB454Ms
🔥🔥 You read it first on Moneycontrol and now it's confirmed! @deborshi and @swarajdhanjal reported on April 10 that Vodafone Idea will launch its Rs 18,000 cr FPO by middle of next week Today the company announced that it will open its FPO on April 18. FPO Price Band: Rs… https://t.co/X9y6ekCM0q
Indian telecom operator Vodafone Idea said it would raise up to $2.16 billion later this month through a sale of new shares, in what will be the country's biggest follow-on public offering https://t.co/KguIYdDUz0
Indian telecom operator Vodafone Idea said it would raise up to $2.16 billion later this month through a sale of new shares, in what will be the country's biggest follow-on public offering. More here: https://t.co/fZ0lHpOlJc
#Vodafone-#Idea announces price band for Rs 18,000 crore #FPO https://t.co/hkSL9Omoae
Just In | Vodafone Idea: Approved floor price of FPO at Rs 10/share; cap price of FPO at Rs 11/share: Agencies https://t.co/42WtdUFPWS
Vodafone Idea board approves further public offering of equity shares aggregating up to Rs 18,000 cr; opening date to be April 18 and closing date April 22 @VodafoneGroup https://t.co/G8zapkOSFP
Vodafone Idea board approves further public offering of equity shares aggregating up to Rs 18,000 cr @VodafoneGroup https://t.co/OYkDaZEscC