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    5. IDEA

    Vodafone Idea Limited

    CLOSED

    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

    View IPO Document

    Schedule of Vodafone Idea Limited

    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

    Issue size

    Funds Raised in the IPOAmount
    Overall18000 Cr
    Fresh Issue Cr
    Offer for Sale Cr

    Allotment DetailsNew

    Allotment TimelineDetails
    Allotment Date23 Apr 2024
    Allotment Link{Link}

    Grey Market PremiumNew

    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.

    DateIpo PriceGMPEstimated 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%)

    Performance Vodafone Idea Limited

    Issue PriceListing GainCurrent Market PriceP/L
    ₹10 to ₹11 per share₹ 13 (26.36%) ₹ 7.55-31.36%

    About Vodafone Idea Limited

    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 in1995
    Managing director
    Parent organization

    Financial Overview

    Strengths

      Risks

        Subscription Figures

        CategorySubscription (No. of times)
        Qualified Institutional Buyers (QIBs)19.31
        Non-Institutional Investors (NIIs)4.54
        Retail Individual Investors (RIIs)1.01
        EmployeeN/A
        Total6.99