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SBICAPS is proud to be associated with India’s largest Follow-On Public Offering of Vodafone Idea of `18,000 Cr.

SBICAPS continues to dominate Indian Equity Capital Markets space,

raising ~INR 2.8 Lakh Cr. for its clients since April 2020^

2024

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

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