Profile picture of Financialexpress
Vodafone Idea closes 26% higher than listing price: The company's Rs 18,000-crore FPO, which is the largest-ever secondary share sale in India ...
financialexpress.com/market/ipo-news-vodafone-idea-closes-26-higher-than-listing-price-3468665/
Vodafone Idea closes 26% higher than listing price
Quick Glance: Vodafone’s Survival in India Secured by Record Fundraising
  • Vodafone's Indian business raised $2.2 billion through an equity issue to avoid collapsing under a debt burden.

  • Investors like GQG Partners and Fidelity participated in India's largest ever follow-on share sale.

  • The 2018 merger failed to turn the business around, but with government support and new equity, a potential rescue is on the horizon.

  • Despite planning to raise about Rs450 billion in equity and debt, doubts persist over whether this will be sufficient to secure the company's future.
Profile picture of Financialexpress
The burden of legacy: The response to its FPO is a huge vote of trust for Vi; govt should lend more support if the need arises.
financialexpress.com/opinion/the-burden-of-legacy/3466398/
The burden of legacy
Profile picture of Financialexpress
Vi to focus on 4G expansion, 5G rollout after FPO : Vodafone Idea (Vi) is planning to utilise the proceeds of its Rs 18,000 crore follow-on public offer (FPO) ...
financialexpress.com/business/industry/vi-to-focus-on-4g-expansion-5g-rollout-after-fponbsp/3458985/
Vi to focus on 4G expansion, 5G rollout after FPO 
Quick Glance: Vodafone Idea FPO: Review Dates, Price, Lot Size & Apply Online
  • Vodafone Idea Limited, established in 1995 and merged with Vodafone India in 2018, is the third largest telecommunications service provider in India and the sixth largest globally. The FPO will be used for acquiring equipment to expand the network, settling deferred amounts, and general corporate expenses.

  • Vodafone Idea Limited's FPO will commence on April 18, 2024, with a lot size of 1298 shares and an issue size of approximately ₹18,000 crore. The shares will be listed on the NSE and BSE.

  • Vodafone Idea's strengths include an extensive customer infrastructure, transitioning the 4G subscriber base to 5G, and strong promoter support. Risks include high capital expenditures, substantial indebtedness, and intense competition in the telecommunications sector.

  • Investors can pre-register for the FPO on April 18, 2024, block the investment amount, and then submit their application for the FPO. Share allocation typically occurs around 5-6 days after the FPO closes, with the listing date scheduled for April 25, 2024.
Profile picture of Scroll.in
Aditya Birla group donated Rs 100 crore to BJP two months before government’s Vodafone Idea bailout
scroll.in/article/1066184/aditya-birla-group-donated-rs-100-crore-to-bjp-two-months-before-governments-vodafone-idea-bailout
Aditya Birla group donated Rs 100 crore to BJP two months before ...
Quick Glance: Aditya Birla Group Donated Rs 100 Crore Before Vodafone Idea Bailout
  • Prior to the Vodafone Idea bailout, the Aditya Birla Group donated Rs 100 crore to the Bharatiya Janata Party.

  • The debt-to-equity conversion made the Indian government the largest shareholder in Vi.

  • The Aditya Birla Group's donations to political parties totaled nearly Rs 556 crore, with Rs 285 crore going to the BJP.

  • Measures were taken to ensure Vi's survival and maintain competition in the telecom sector amidst increasing concentration.
Profile picture of Financialexpress
VI FPO Day 3 : वोडाफोन आइडिया एफपीओ ने पकड़ी रफ्तार, 385% हुआ सब्सक्राइब, GMP से क्या हैं संकेत
hindi.financialexpress.com/business-news/vodafone-idea-fpo-subscription-status-on-last-day-what-gmp-indicates-about-return-4502934
VI FPO Day 3 : वोडाफोन आइडिया एफपीओ ने पकड़ी रफ्तार, 385% हुआ सब्सक्राइब ...
Profile picture of Financialexpress
VI FPO day 2: वोडाफोन आइडिया एफपीओ सब्सक्रिप्शन, जीएमपी, रिव्यू; क्या निवेशकों को होगा मुनाफा
hindi.financialexpress.com/business-news/vodafone-idea-fpo-subscription-status-gmp-review-should-you-invest-in-india-biggest-follow-on-public-offer-4493457
VI FPO day 2: वोडाफोन आइडिया एफपीओ सब्सक्रिप्शन, जीएमपी, रिव्यू; क्या ...
Profile picture of Financialexpress
Vodafone Idea: 18 अप्रैल को खुल रहा देश का सबसे बड़ा FPO, एक्शन में रहेगा शेयर, प्राइस बैंड से लॉट साइज की डिटेल
hindi.financialexpress.com/business-news/vodafone-idea-india-biggest-ipo-open-on-18-april-2024-for-retail-investors-check-price-band-to-other-details-4489609
Vodafone Idea: 18 अप्रैल को खुल रहा देश का सबसे बड़ा FPO, एक्शन में रहेगा ...
Profile picture of Financialexpress
Stocks in News: आज TCS, LIC, Adani Enterprises, HCC सहित इन शेयरों में रहेगा एक्‍शन, इंट्राडे में रखें नजर
hindi.financialexpress.com/business-news/tcs-lic-vodafone-idea-adani-enterprises-hcc-hindustan-zinc-among-top-buzzing-stocks-today-15-april-2024-4482340
Stocks in News: आज TCS, LIC, Adani Enterprises, HCC सहित इन शेयरों में ...
Profile picture of Financialexpress
Vodafone Idea: FPO की खबर के बाद क्यों गिरा वोडाफोन आइडिया का शेयर? चेक करें 18 हजार करोड़ के पब्लिक ऑफर का डिटेल
hindi.financialexpress.com/business-news/vodafone-idea-to-launch-rs-18000-crore-fpo-on-18-april-issue-floor-price-date-allotment-details-4479023
Vodafone Idea: FPO की खबर के बाद क्यों गिरा वोडाफोन आइडिया का शेयर? चेक ...
Profile picture of india.com
“We are very happy, this is a new life for Vodafone Idea", said Chairman of Aditya Birla Group.#Vodafone #NSE #AkshayaMoondra #AdityaBirlaGroup
Profile picture of The Indian Express
Three arrested for stealing Vodafone Idea’s line card worth Rs 54 lakhs: Police said on April 4, a line card of the Vodafone Idea company was found to be missing ...
indianexpress.com/article/cities/pune/three-arrested-stealing-vodafone-ideas-line-card-rs-54-lakhs-9286778/
Three arrested for stealing Vodafone Idea’s line card worth Rs 54 lakhs
Profile picture of Financialexpress
Vodafone Idea (Vi) is planning to utilise the proceeds of its Rs 18,000 crore follow-on public offer (FPO) primarily to increase the coverage and capacity of ... Show more
Profile picture of Bloomberg
GQG Said to Invest Around $400 Million in Ailing Vodafone Idea: Rajiv Jain’s GQG Partners LLC is looking to invest around $400 million in Vodafone Idea Ltd ...
bloomberg.com/news/articles/2024-04-16/gqg-said-to-invest-around-400-million-in-ailing-vodafone-idea
GQG Said to Invest Around $400 Million in Ailing Vodafone Idea
Profile picture of forbesindia.com
Vodafone Idea FPO: Is Rs 18,000 Crore Enough To Save A Wreckage? - Forbes India: Will the FPO improve the fortunes of VI only in the short-term? Shrinking market ...
forbesindia.com/article/take-one-big-story-of-the-day/vodafone-idea-fpo-is-rs-18000-crore-enough-to-save-a-wreckage/92595/1
Vodafone Idea FPO: Is Rs 18,000 Crore Enough To Save A Wreckage? - Forbes ...
Profile picture of Mint (newspaper)
#MintInFocus | #VodafoneIdea of Friday said it would raise up to 180 billion rupees ($2.16 billion) later this month through a sale of new shares ... Show more
Profile picture of Scroll.in
Aditya Birla group donated Rs 100 crore to BJP two months before government’s Vodafone Idea bailout
scroll.in/article/1066184/aditya-birla-group-donated-rs-100-crore-to-bjp-two-months-before-governments-vodafone-idea-bailout
Aditya Birla group donated Rs 100 crore to BJP two months before ...
Quick Glance: Aditya Birla Group Donated Rs 100 Crore Before Vodafone Idea Bailout
  • Prior to the Vodafone Idea bailout, the Aditya Birla Group donated Rs 100 crore to the Bharatiya Janata Party.

  • The debt-to-equity conversion made the Indian government the largest shareholder in Vi.

  • The Aditya Birla Group's donations to political parties totaled nearly Rs 556 crore, with Rs 285 crore going to the BJP.

  • Measures were taken to ensure Vi's survival and maintain competition in the telecom sector amidst increasing concentration.
Profile picture of Scroll.in
Daily Brief: Aditya Birla group donated Rs 100 crore to BJP two months before government’s Vodafone Idea bailout, and more
scroll-newsletter.stck.me/post/221760/Daily-Brief-Aditya-Birla-group-donated-Rs-100-crore-to-BJP-two-months-before-governments-Vodafone-Idea-bailout-and-more
Daily Brief: Aditya Birla group donated Rs 100 crore to BJP two months ...
Profile picture of Financialexpress
ATC to convert Rs 1,440 crore Vodafone Idea debt bonds into equity: Shares of VIL closed at Rs 12.86 apiece, down by 2.35 per cent, on Tuesday.
financialexpress.com/market/atc-to-convert-rs-1440-crore-vodafone-idea-debt-bonds-into-equity-3430876/
ATC to convert Rs 1,440 crore Vodafone Idea debt bonds into equity
Profile picture of Mint (newspaper)
Here's a compilation of interesting numbers that matter! Read the #NewsInNumbers on Mint app every weekday: mintiphone.page.link #BlackstoneGroup #VodafoneIdea #FMCG
Profile picture of Bloomberg
Vodafone Idea Picks Jefferies, Axis for $2.4 Billion Share Sale: Vodafone Idea Ltd. has appointed the investment banking units of Axis Bank Ltd ...
bloomberg.com/news/articles/2024-04-04/vodafone-idea-picks-jefferies-axis-for-2-4-billion-share-sale
Vodafone Idea Picks Jefferies, Axis for $2.4 Billion Share Sale
Profile picture of The Hindu
21 lakh SIM cards in use have fake proof: DoT: Fake sim cards racket: 21 lakh SIM cards activated with fake documents prompt urgent re-verification and ...
thehindu.com/news/national/21-lakh-sim-cards-activated-using-fake-documents-dot-tells-telcos-to-verify-and-disconnect-them/article67968962.ece
21 lakh SIM cards in use have fake proof: DoT
Profile picture of Financialexpress
Spectrum auction to start May 20; Jio, Airtel, Vi to participate: A total of 10,523.15 MHz spectrum across 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz ...
financialexpress.com/business/industry-spectrum-auction-to-start-may-20-jio-airtel-vi-to-participate-3419720/
Spectrum auction to start May 20; Jio, Airtel, Vi to participate
Profile picture of Financialexpress
Vodafone Idea's board to meet April 6 to approve equity shares issuance. Shareholders greenlight Rs 20,000 crore raise. Vodafone it | #VodafoneIdea #Market #Equityshare
Profile picture of Mint (newspaper)
#VodafoneIdea Board will consider and approve fundraising proposals on February 27, the telecom service provider said in its BSE filing today. Read here: www.read.ht/SBmJ
Profile picture of Financialexpress
Duopoly check: VNOs may get more room: Virtual network operators, who function as resellers of bandwidth and services of licensed telecom operators ...
financialexpress.com/business/industry-duopoly-check-vnos-may-get-more-room-3442344/
Duopoly check: VNOs may get more room
Profile picture of Mint (newspaper)
#StocksToWatch | Here are top stocks that could be in focus today! Read here: www.read.ht/SGP7
Profile picture of Reuters
ATC Telecom seeks conversion of debentures in India's Vodafone Idea worth $174 mln to shares
reuters.com/business/media-telecom/atc-telecom-seeks-conversion-debentures-indias-vodafone-idea-worth-174-mln-2024-03-19/
ATC Telecom seeks conversion of debentures in India's Vodafone Idea worth ...
Profile picture of Mint (newspaper)
#MintInFocus | Why Vodafone Idea share price fell by 14% today despite fund approval by the board#vodafone #topstocks #vodafoneidea #idea #telecom #topstocks #stockmarketnews #stockstobuy
Profile picture of Mint (newspaper)
#StocksToWatch | Here are top stocks that could be in focus today! Read here: www.read.ht/SFjn
Profile picture of Financialexpress
Stocks in News: आज HCL, IRCTC, Vodafone Idea, Bajaj Auto सहित फोकस में रहेंगे ये स्‍टॉक, इंट्राडे में दिखेगा एक्‍शन
hindi.financialexpress.com/business-news/hcl-tech-irctc-vodafone-idea-bajaj-auto-nbcc-oil-india-among-top-buzzing-stocks-today-23-february-2024-3978540
Stocks in News: आज HCL, IRCTC, Vodafone Idea, Bajaj Auto सहित फोकस में ...
Profile picture of Financialexpress
Vodafone Idea opposes Jio’s pitch to shutdown 2G: Vodafone Idea’s comments assume significance as there are about 200 million 2G users in the country.
financialexpress.com/business/industry-vodafone-idea-opposes-jios-pitch-to-shutdown-2g-3387374/
Vodafone Idea opposes Jio’s pitch to shutdown 2G
Profile picture of Financialexpress
Indus Towers net profit up 19% QoQ to Rs 1,541 crore in Oct-Dec: Indus Towers on Tuesday reported a 19% quarter-on-quarter (QoQ) increase in net profit to Rs 1 ...
financialexpress.com/business/industry-indus-towers-net-profit-up-19-qoq-to-rs-1541-crore-in-oct-dec-3373227/
Indus Towers net profit up 19% QoQ to Rs 1,541 crore in Oct-Dec
Profile picture of Reuters
Profile picture of Financialexpress
Vi, Adani Group may have to fork out fine for not meeting 5G rollout targets: While Vodafone Idea may have to pay a fine of around Rs 14 crore ...
financialexpress.com/business/industry-vi-adani-group-may-have-to-fork-out-fine-for-not-meeting-5g-rollout-targets-3372135/
Vi, Adani Group may have to fork out fine for not meeting 5G rollout ...
Profile picture of Financialexpress
Vodafone Idea market share loss, high debt obligation a concern: Analysts: For Vodafone Idea, October-December was another weak quarter with key concerns being ...
financialexpress.com/business/industry-vodafone-idea-market-share-loss-high-debt-obligation-a-concern-analysts-3380583/
Vodafone Idea market share loss, high debt obligation a concern: Analysts
Profile picture of Mint (newspaper)
#StocksToWatch | Here are top stocks that could be in focus today! Read here: www.read.ht/RoWH
Profile picture of Reuters
India's Vodafone Idea posts smaller-than-expected loss on 4G user boost: Vodafone Idea (VODA.NS), India's third-largest telecom operator, reported a ...
reuters.com/world/india/indias-vodafone-idea-posts-smaller-than-expected-loss-4g-user-boost-2024-01-29/
India's Vodafone Idea posts smaller-than-expected loss on 4G user boost
Profile picture of Mint (newspaper)
#StocksToWatch | Here are top stocks that could be in focus today! Read here: www.read.ht/R9DD
Profile picture of indiatimes.com
Vodafone-Idea's Vi Partnering With Gameloft In India To Bring Free Mobile Games To Customers
indiatimes.com/videogames/vi-india-vodafone-idea-gameloft-free-games-623876.html
Vodafone-Idea's Vi Partnering With Gameloft In India To Bring Free Mobile ...
Profile picture of The Indian Express
4G subscriber additions in Aug highest in 2 years: At 3.2 million, Reliance Jio continues to lead 4G subscriber addition for the sixth straight month in August ...
indianexpress.com/article/business/4g-subscriber-additions-in-aug-highest-in-2-years-9031642/
4G subscriber additions in Aug highest in 2 years