Mumbai: Shares offered in the Vodafone Idea follow on public offer (FPO) listed at ₹11.8 apiece on the NSE on Thursday, about 7.3% above the FPO price of ₹11. The shares were listed at ₹12 on BSE and closed at ₹13.8, after a gain of 5.3%. Thursday was also the day when the highest ever … Read more
Mumbai: Vodafone Idea’s ₹18,000 crore follow-on public offer (FPO), India’s biggest, closed successfully on Monday, having been subscribed 7 times, with strong demand from global institutional investors. The allotment for qualified institutional buyers (QIBs) was subscribed 19.3 times, of which 82% bids came from foreign institutional investors (FIIs). The non-institutional investor (NII) portion got bids … Read more
Mumbai: Vodafone Idea’s Rs 18,000 crore follow-on public offer (FPO), India’s biggest, was fully subscribed on the third day, with global institutional investors like GQG, Capital Group, and Fidelity Investments showing strong interest in the telecom company. The qualified institutional buyers (QIBs) portion was subscribed 1.23 times, while the non-institutional investors (NIIs) portion and the … Read more
Debt-ridden telco Vodafone Idea (VI), which has been plagued by losses and subscriber erosion, is coming up with a follow-on public offer (FPO) on April 18. The Rs 18,000 crore share sale is expected to attract some marquee investors including GQG Partners, Morgan Stanley Investment Management, AustralianSuper, Fidelity among others. Bloomberg reported that GQG will … Read more
Buoyed by positive investor sentiment and listing gains, more companies have shown their appetite to raise funds through the primary market in FY24 compared to the previous year. About 76 companies accessed the public markets in FY24, raising nearly Rs 62,000 crore through mainboard IPOs. This is 19% higher than the Rs 52,116 crore mobilized … Read more
