Vodafone Idea Ltd

Vodafone Idea Ltd IPO

Last updated:

Vodafone Idea Ltd IPO Price Range is ₹10 - ₹11, with a minimum investment of ₹14,278 for 1298 shares per lot.

Subscription Rate

6.36x

Minimum Investment

₹14,278

/ 1298 shares

IPO Status

Closed

Price Band

₹10 - ₹11

Bidding Dates

Apr 18, 2024 - Apr 22, 2024

Issue Size

₹18,000.00 Cr

Lot Size

1298 shares

Min Investment

₹14,278

Listing Exchange

NSE

Vodafone Idea Ltd IPO Application Timeline

passed
Open Date18 Apr 2024
passed
Close Date22 Apr 2024
passed
Allotment Date23 Apr 2024
passed
Listing Date25 Apr 2024

IPO Subscription Status

IPO subscribed over

🚀 6.36x

This IPO has been subscribed by 0.92x in the retail category and 17.56x in the QIB category.

Subscription Rate

Total Subscription6.36x
Retail Individual Investors0.92x
Qualified Institutional Buyers17.56x
Non Institutional Investors4.13x
NameVodafone Idea Ltd

Strengths and Risks

Strengths

Strengths

  • Large subscriber base.

  • Extensive telecommunication network.

  • Existing network built on 5G-ready architecture.

  • Large enterprise customer base with longstanding relationships.

  • Extensive distribution and service network.

  • Trusted brand with strong proposition.

  • Strong promoter support.

  • Experienced management team.

How to Apply for Vodafone Idea Ltd IPO on INDmoney

  1. Download the INDmoney app and complete your KYC.
  2. Go to INDstocks → IPO, or just search “IPO”.
  3. Tap on Vodafone Idea Ltd IPO from the list of live IPOs.
  4. View key details like price band, lot size, and dates.
  5. Tap Apply Now and choose your number of lots.
  6. Use INDpay UPI for instant mandate tracking.
  7. Your funds will be blocked until the share allotment is finalized.

About Vodafone Idea Ltd

Through its pan India network, the company offers voice, data, enterprise and other value-added services, including short messaging services and digital services across 2G, 3G and 4G technologies. The Company also offers connectivity services to enterprise customers. The Company holds active licenses for national long distance, international long distance, internet service provider and registration for infrastructure provider (IP-1) services. The Company carries inter-service area voice traffic and incoming and outgoing international voice traffic on its network, which is facilitated through interconnections with its active licenses. Its Promoters are part of the Aditya Birla group and the Vodafone group.

Frequently Asked Questions of Vodafone Idea Ltd IPO

What is the size of the Vodafone Idea Ltd IPO?

The size of the Vodafone Idea Ltd IPO is ₹18,000 Cr.

What is the allotment date of the Vodafone Idea Ltd IPO?

Vodafone Idea Ltd IPO allotment date is Apr 23, 2024 (tentative).

What are the open and close dates of the Vodafone Idea Ltd IPO?

The Vodafone Idea Ltd IPO will open on Apr 18, 2024 and close on Apr 22, 2024

What is the lot size of Vodafone Idea Ltd IPO?

The lot size for the Vodafone Idea Ltd IPO is 1298.

When will my Vodafone Idea Ltd IPO order be placed?

Your Vodafone Idea Ltd IPO order will be placed on Apr 18, 2024

Can we invest in Vodafone Idea Ltd IPO?

Yes, once Vodafone Idea Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Vodafone Idea Ltd IPO?

The potential listing gains on the Vodafone Idea Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Vodafone Idea Ltd IPO?

'Pre-apply' for Vodafone Idea Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.