| IPO Listing At | BSE, NSE |
| FPO Issue Type | Book Build Issue |
| Issue Size | ₹18000.00 Cr |
| Fresh Issue | ₹18000.00 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน10.00-11.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 532822 |
| NSE Code | IDEA |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | SBI Capital Markets Ltd. |
| Allotment Status |
| RHP |
| Final Prospectus |
| Anchor List |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,298 shares and in multiples thereof
Incorporated in March 1995, Vodafone Idea Limited is a telecommunications service provider in India. The company provides voice, data, and value-added services across 2G, 3G, and 4G technologies, such as short messaging and digital services for enterprises and consumers.
As of December 31, 2023, the company had over 223.0 million subscribers and a subscriber market share of 19.3%. Its network carried 401 billion voice minutes and 6,004 billion MB of data.
As of Dec 31, 2023, Vodafone offers mobile and fixed services to 300M+ customers in 17 countries, and has IoT collaborations with networks in 45 other countries.ternet of Things (IoT) platforms in the world.
The company operates under a strong brand with over three decades of experience from Vodafone and Idea. Total income for FY2023 was โน424,885 million, with โน321,256 million for the nine months ended December 31, 2023.
As of December 31, 2023, the company operates around 183,400 tower locations in India, providing broadband services to over 438,900 units, covering more than a billion people. The merger has increased their 4G population coverage from 1.18 billion to over 1 billion.
As of Dec 31, 2023, the company had 2,300 branded urban stores in India, covering over 95% of all districts, including its own and franchisee-owned stores.
By December 31, 2023, the company had a total of 12,598 individuals employed in all its operations.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Purchase of equipment for the expansion of our 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 | 12,750.00 |
| 2 | Payment of certain deferred payments for spectrum to the DoT and the GST thereon | 2,175.32 |
| 3 | General corporate purposes | 2,688.88 |
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 1,90,801.80 | 2,07,242.70 | 1,94,029.10 | 2,03,480.60 |
| Total Income | 32,125.60 | 42,488.50 | 38,644.90 | 42,126.40 |
| 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 | -1,46,611.60 | -1,23,038.80 | -94,083.60 | |
| Total Borrowing | 2,03,425.70 | 2,01,586.00 | 1,90,917.70 | 1,80,310.30 |
| Amount in ₹ Crore | ||||
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | -5.85 | -ve |
| P/E (x) | -1.88 | -ve |
| Promoter Holding | 48.75% | 36.87% |
| Market Cap | โน73131.80 Cr. | |