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Analysing The Outlook For Vodafone Idea After The Biggest ₹18,000-Cr IPO Ever

Analysing The Outlook For Vodafone Idea After The Biggest ₹18,000-Cr IPO Ever

Sakshi Batra
Sakshi Batra
  • New Delhi ,
  • Apr 25, 2024,
  • Updated Apr 25, 2024, 6:40 PM IST

 

The debt-ridden telecom company had launched an FPO worth Rs 1800 crore, which opened on 18 April and closed on 23. The company has raised Rs 18,000 crore from FPO. Vodafone Idea received total bids of Rs 88,124 crore under FPO, but as per the FPO offer, the company will keep only Rs 12,600 crore. The company had raised Rs 5,400 crore from anchor investors by selling 490 crore shares before the opening of the FPO#Businessnews

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