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VI FPO Details 2024

FPO Status: Listed [18th Apr 2024 to 22nd Apr 2024]

Rated 3/5 by Team InvestorGain
VI FPO Detail

VI IPO, a FPO of ₹18000.00 Cr was launced on 18-04-2024 to 22-04-2024 and the shares got listed on BSE, NSE on 25-04-2024.

The public issue of VI IPO (IDEA,532822) was offered at ₹11.00 per share and the ipo was listed at ₹12.00. It has delivered listing gain of 9.09%.

As the minimum lot size was 1298 shares, the IPO has offered Rs 1298.00 per lot return on listing.

VI FPO Details

FPO Issue Opening Date: 18th Apr 2024
FPO Issue Closing Date: 22nd Apr 2024
FPO Issue Price: ₹10.00-11.00 Per Share
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: BSE, NSE
Retail Quota: Not less than 35% of the Net Issue
FPO Issue Type: Book Build Issue
FPO Issue Size: ₹18000.00 Cr
Fresh Issue: ₹18000.00 Cr
Face Value: ₹10 Per Equity Share
FPO Discount: TBD
Promoter Holding Pre IPO: 48.75%
Promoter Holding Post IPO: 36.87%
Allotment Status: Allotment Status
BSE Code: 532822
NSE Code: IDEA

VI FPO Important Dates

Get important updates regarding VI FPO tentative timeline covering FPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

VI FPO dates
FPO Activity Date
Basis of Allotment Date* 23rd Apr 2024
Refunds Initiation* 24th Apr 2024
Credit of Shares to Demat* 24th Apr 2024
FPO Listing Date* 25th Apr 2024

* - Tentative Dates

VI FPO Lots

FPO Activity Date
Issue Price ₹10.00-11.00
Market Lot: 1298 Shares
1 Lot Amount: ₹14278
Min Small HNI Lots(2-10 Lakh): 19470 shares (15 lots)
Min Big HNI Lots(10+ Lakh): 92158 shares (71 lots)

VI IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
25-04-202411.001.401400₹12.4 (12.73%)25-Apr-2024 16:01
IPO Live GMP
  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - VI

Vodafone Idea is the third largest telecommunication service provider in India based on subscriber base. It offer voice, data, enterprice and other value added services i.e., short messaging, 2G, 3G, and 4G digital services.

As of December 31, 2023, the company has a total customer base of 223 million subscribers with 19.3% market share.

The company is promoted by Vodafone Group and Aditya Birla Group. Vodafone Group is the largest European and African telecommunication company and world’s largest Internet of Things (IoT) platform provider. And, Aditya Birla is one of the leading conglomerate with a presence in 40 countries.

As of December 31, 2023, Vodafone Group has over 300 million subscribers in 17 countries. VI operates 183,400 unique tower locations across 487,000 towns and villages in India

VI FPO Strengths

  • Strong brand visibility with experienced promoters
  • Large subscriber base with 223 million subscribers.
  • Extensive telecommunication network with 8,005.2 MHz of spectrum holdings across different frequency bands
  • 5G ready network infrastructure to leverage the benefits of advanced technologies
  • Diversified customer base including global enterprises, corporates, government companies, SMEs, small offices, etc.
Incorporation Sector IPO Issue Size Website
1995 Telecommunication ₹18000.00 Cr http://www.myvi.in/

VI FPO Objective

The company proposes to utilise the Net Proceeds towards funding of the following objects:

  1. Purchase of equipment for the expansion of the network infrastructure by: (a) setting up new 4G sites; (b) expanding the capacity of existing 4G Sites and new 4G sites; and (c) setting up new 5G sites;
  2. Payment of certain deferred payments for spectrum to the DoT and the GST thereon; and
  3. General corporate purposes.
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VI FPO Live Subscription (NSE + BSE)

The table below is live update of FPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 3,272,727,273 Shares
  • Non-Institutional Investors: 2,454,545,454 Shares
  • Retail Individual Investor: 5,727,272,727 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIITotal
 # of Shares Offered3,272,727,273 (28.57%)2,454,545,454 (21.43%)5,727,272,727 (50%)11,454,545,454
118th Apr 2024 19:040.67x0.31x0.07x0.29x
219th Apr 2024 19:041.03x0.83x0.14x0.54x
322nd Apr 2024 19:0419.31x4.54x1.01x6.99x

Vodafone Idea Limited Financial Information (Restated Consolidated)

Vodafone Idea Limited's revenue increased by 9.95% and profit after tax (PAT) dropped by -3.74% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets190,801.80207,242.70194,029.10203,480.60
Revenue32,125.6042,488.5038,644.9042,126.40
Profit After Tax-23,563.80-29,301.10-28,245.40-44,233.10
Net Worth-97,931.90-74,359.10-61,964.80-38,228.00
Reserves and Surplus-146,611.60-123,038.80-94,083.60
Total Borrowing203,425.70201,586.00190,917.70180,310.30
Amount in ₹ Crore

VI FPO Peer Comparison

The table below show peer comparison from DRHP/RHP.

CompanyEPS BasicEPS DilutedNAVP/E(x)RoNWFinancial statements
Vodafone Idea Limited-8.43-8.43-15.28Consolidated
Bharti Airtel Limited14.814.57136.7284.3715.84Consolidated
Bharti Hexacom Limited10.9810.9884.1951.9113.83Consolidated
Reliance Jio Infocomm Limited4.051.07488.43Consolidated

Company Address

Vodafone Idea Limited
Suman Tower~ Plot No. 18
Sector 11~
Gandhinagar-382011
,Gujarat-
India
Website: http://www.myvi.in/
Phone: +91 98246 34997
Email: [email protected]

VI FPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Phone: +91-22-4918 6270
Email: [email protected]
VI FPO Important dates - Issue Open Date, close Date, FPO Listing Date. FPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, FPO Listing date. What is the issue open date and close date for VI? Should I apply in VI FPO?

Last Updated on 29-Apr-2024 07:03:23

FAQs

Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase VI FPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply VI FPO with Zerodha.

Alternate approch to apply in VI FPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

VI FPO Review and Important Updates

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Apply in VI FPO online

To subscribe or apply in VI FPO, you can use the following methods:

MethodDetails
VI FPO Applying Mode
Online Application3-in-1 Trading Account

If your broker is 3-in-1 service provider, you can apply in VI FPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

Online Application2-in-1 Trading Account

Brokers like Zerodha, TradeSmart Online provides access to applying in VI FPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

Online ApplicationASBA

This is one of the most popular mode of applying in VI FPO. Most of the Syndicate Banks provide access to apply in VI IPO via ASBA process. You must have your net banking access, DP ID information to apply in VI FPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

Offline ApplicationPhysical Form

You can apply in VI FPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

VI FPO Review and Important Updates

Other relevant question on same topics are:

Where to subscribe VI FPO? Where to apply for VI FPO? How to subscribe VI FPO online? VI FPO where to apply? Where to buy VI FPO online? How to buy VI FPO online? How to purchase VI FPO? How to get VI FPO? How to book VI FPO? How to invest VI FPO? VI FPO kaise buy kare?

 

Applying in VI FPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download VI FPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.

For more details on how to use UPI payment method to apply VI FPO, please refer article >> Link

VI FPO Review and Important Updates

Steps to download the online application form for VI FPO

  • Step1:Click here.
  • Step2: Click on “Bid-cum Application Form Download
  • Step3: Above Step will open an online form.
  • Step4: Enter your Name, PAN, DP Type, DP Information, UPI No, Bank information (Do not enter), Address, email, phone, Transaction Type - "ASBA".
  • Step5: Fill bid details - min 1298 and max 18172 shares (14 lots).
  • Step6: Now fill the character given in Box, read and agree on terms and conditions and click on the download button.
  • Step7: This will fill your application online and give you a pdf file.
  • Step8: Take a print of this document and go to your bank for UPI transactions.
  • Or

  • You can download “Blank Application Form Download” and fill all the required filed and submit to the nearest bank for UPI transaction.

Other relevant questions:

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VI FPO is going to be list on 25-04-2024. NSE Code for VI is IDEA. BSE Code for VI is 532822.

Other relevant questions:

When VI FPO will be listing? VI FPO NSE listing date?VI FPO date of listing.VI FPO BSE listing date?

 

VI FPO Allotment Date is 23-04-2024.

Other relevant questions:

VI FPO share allotment date?VI FPO allotment date?

 


User Reviews

5. Mohtashim Mubeen Apr 12 2024 12:02:53 AM Reply
VI FPO good or bad.
5.1. sriramakrishna Apr 13 2024 02:57:10 PM
maybe upcoming estimates after elections the tariff rates change. then increase the profits.
5.2. Pappu Pager Apr 15 2024 04:42:22 PM
Dear Friend
Dont apply.
4. Pappu Pager Apr 15 2024 04:40:54 PM Reply
Dear All,
Vi FPO, is in size of Rs.18000 Crore opens from 18.04.24 to 22.04.24 and entire issue is a fresh issue. The Retail quota is also not less than 35%. The face value of each share is Rs. 10 and the recommended stars are also three in quantity. The GMP is also not less than 20%. Even the size of share quantity is also high but the recommendation from experts is awaited. The last date of closing is on 22.04.2024. I suggest you to not take decision in hurry. The market conditions are also not good due to the conflict between Iran & Israel. So, I think to first wait and watch the situation otherwise you may lose your money if it will be opened with discount. So, without financial advisor, please don’t apply. Best Regards,
3. Dilip mehta Apr 12 2024 12:02:53 AM Reply
VI FPO expected listing gain.
2. Gaurav Agarwal Apr 12 2024 12:02:53 AM Reply
Please confirm VI FPO GMP (grey market premium) and kostak.
1. Surender velayutham  Apr 12 2024 12:02:53 AM Reply
VI FPO whether to invest or not.