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IPO Synopsis


Vodafone Idea Ltd

Registered Office: Suman Tower Plot No 18,Sector - 11, Gandhinagar - 382011, Gujarat, India.
Phone : +91 98246 34997   Fax:
Email :  shs@vodafoneidea.com  
Website :  www.myvi.in

Further public offering of 16,363,636,363* equity shares of face value of Rs. 10 each ("Equity Shares") of Vodafone Idea Limited ("Company") for cash at a price of Rs. 11 per equity share (including a premium of Re. 1 per equity share) ("Offer Price") aggregating to Rs. 18000.00 crores* by way of a fresh issue (the "Offer"). The offer constitutes 24.61% of the post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10 each. The offer price is 1.10 times the face value of equity shares. *Subject to finalisation of the basis of allotment.

Issue Money Payable On
Opens on Closes On Application Allotment
18-Apr-24 22-Apr-24 11.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1298   Further Multiples of : 1298
  Rs(Cr.) Lead Managers to the Issue
Project Cost 17,614.20 Axis Capital Ltd
Project Financed through Current Offer 18,000.00  
Post Issue Equity Share Capital 66,483.46  
Issue Price 11.00  

Project

  • Purchase of equipment for the expansion of its network infrastructure by (a) setting up new 4G site,(b) expanding the capacity of existing 4G sites and new 4G sites and (c) setting up new 5G site
  • Payment of certain deferred payment for spectrum to the DoT and the GST theron
  • General corporate purposes

Promoted By

Kumar Mangalam Birla

Hindalco Industries Ltd

Grasim Industries Ltd

Listing At

BSE

NSE

Registrar to the Issue

Link Intime India Pvt Ltd