Company Highlights
- Vodafone Idea is the third largest telecommunications service provider in India based on subscriber base.
- They are the sixth largest cellular operator globally by number of subscribers in a single country of operations.
- Through PAN India network, Vi offers voice, data, enterprise and other value-added services with active licenses for national long distance,international long distance, internet service provider and registration for IP-1 services.
- The Promoters are the Aditya Birla group, one of the largest Indian MNC groups and a leading global conglomerate and the Vodafone group, the largest pan-European and African telecommunications company.
SBICAPS Value Add
- SBICAPS played a key role and supported India’s largest FPO of Vodafone Idea as one of the BRLMs and contributed significantly to ensure the success of the transaction.
- SBICAPS played a pivotal role as the ‘Post-Issue Banker’ and stock exchange coordinator, ensuring a smooth post-issue process and facilitating a successful listing on the stock exchanges.
Subscription Details*
Overall | 6.97 times | |
QIB | 19.33 times | |
NII | 4.52 times | |
Retail | 1.02 times |
Deal Summary
Issue Size | 18,000 Cr. | |
Issue Price | ₹11 | |
Issue Period | April 18 – 22, 2024 |