₹ 14278 / 1298 shares
Issue Date
18 Apr - 22 Apr'24
Investment/lot
₹ 14278
Price Range
10 - 11
Lot Size
1298
IPO Size
₹ 18000.00 Cr
Listing On
25 Apr'24
Issue Price
11
Listed Price
₹ 12
Retail Gain/Listing Gain
▲9.09%
Vodafone Idea is the third largest telecommunications service provider in India based on subscriber base (Source: TRAI Subscription Report). According to the GSMA Intelligence Database, the company is the sixth largest cellular operator globally, in terms of the number of subscribers in a single country of operations.
The company provides voice, data, enterprise, and other value-added services, such as messaging and digital services, across India using 2G, 3G, and 4G technologies. They also cater to enterprise customers with connectivity services. Holding national and international long-distance licenses, as well as an internet service provider registration, they manage both domestic and international voice traffic on their network through these licenses.
With that, let's take a look at the competitive strength and risk factors for Vodafone Idea Limited:
Large Subscriber Base
Large Enterprise Customer Base with Longstanding Relationships
Trusted Brand with a Strong Proposition
If the company fails to update their telecommunications services or adapt to changing consumer preferences, it may lose competitiveness, thereby negatively impacting business, operations, and cash flows.
The company requires significant capital to fund its capital expenditure and working capital requirements. Failure to raise additional capital could result in the financial condition and cash flow to be adversely impacted.
The company has incurred significant indebtedness and has not complied with certain covenants under its financing agreements. Failure to meet these obligations could adversely affect the business.
Focused investments to drive coverage and capacity expansion.
Improve average revenue per user and customer retention.
Focus on business services through Telco to Techco transformation.
Here are the key financials for Vodafone Idea Limited:
Particulars (in Rs. million)
Particulars (in Rs. million)
How to apply for IPO through ASBA
Kotak Securities
•04m 01s
Opening of account will not guarantee allotment of shares in IPO. Investors are requested to do their own due diligence before investing in any IPO.
Here are the steps to apply for Vodafone Idea Ltd IPO:
Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.
Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.
Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.
Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.
Vodafone Idea Ltd FPO will list on 2024-04-25.
18000.00 is the issue size of Vodafone Idea Ltd FPO IPO.
The minimum lot size is 1298 shares and the investment required is ₹14278.
The price band of Vodafone Idea Ltd FPO IPO is ₹10 to ₹11.
You can read more about Vodafone Idea Ltd FPO and its IPO from the company’s red herring prospectus (RHP) here.
The Vodafone Idea Limited IPO has an issue size of Rs. 18,000 crores. The IPO opens for subscription on 18th April 2024 and closes on 22nd April 2024.
Link Intime India Private Limited is the registrar for this IPO.
You may read more about Vodafone Idea Limited and its IPO from the company’s red herring prospectus (RHP) here: