Vodafone Idea Ltd IPO
IPO Price Range: ₹10 - 11
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.
Min Investment
₹14,278
IPO Size
₹18,000 Cr
IPO Status
Quantity in 1 Lot
1298
Max Bid allowed
14
Listing Exchange
NSE
IPO Application Timeline of Vodafone Idea Ltd
IPO subscribed over
🚀 6.36x
This IPO has been subscribed by 0.92x in retail and 17.56x in QIB.
Subscription Rate
| Total Subscription | 6.36x |
| Retail Individual Investors | 0.92x |
| Qualified Institutional Buyers | 17.56x |
| Non Institutional Investors | 4.13x |
Key Statistics
 Bid Opening Date | 18 Apr 2024 |
| Bid Closing Date | 22 Apr 2024 |
| Allotment Date | 23 Apr 2024 |
 Issue Size | ₹18,000Cr |
 Quantity in 1 lot | 1298 |
Strength and risks
Strength
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.
Promoters Holding
| Investors | Holdings % |
| Kumar Mangalam Birla | 0% |
| Hindalco Industries Ltd | 1.49% |
| Grasim Industries Ltd | 6.6% |
| Birla TMT Holdings Pvt Ltd | 0.7% |
| Vodafone International Holding | 0% |
About Vodafone Idea Ltd
| Organisation | Vodafone Idea Ltd |
| Headquarters | Gandhinagar |
| Industry | Telecomm-Service |
Frequently Asked Questions
What is the size of the Vodafone Idea Ltd IPO?
The size of the Vodafone Idea Ltd IPO is ₹18,000Cr .
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.
When will my Vodafone Idea Ltd IPO order be placed?
Your Vodafone Idea Ltd IPO order will be placed on 18 Apr 2024.
What are the open and close dates of the Vodafone Idea Ltd IPO?
The open and close dates of the Vodafone Idea Ltd IPO are 18 Apr 2024 to 22 Apr 2024.
What is the lot size and minimum order quantity of the Vodafone Idea Ltd IPO?
The lot size and minimum order quantity of the Vodafone Idea Ltd IPO are 1298 and 1298 respectively.
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.