Vodafone Idea FPO
Vodafone Idea Limited (Vi) is the 3rd largest telecommunications service provider in India based on subscriber base. The company is the 6th largest cellular operator globally in terms of number of subscribers in a single country of operations. Vi offers voice, data, enterprise and other value-added services, including short messaging services and digital services across 2G, 3G and 4G technologies. The company also offers connectivity services to enterprise customers. The company holds active licenses for national long distance (“NLD”), international long distance (“ILD”) and internet service provider (“ISP”), and registration for infrastructure provider (“IP-1”) services.
The company’s promoters are part of the Aditya Birla group and the Vodafone group. All the company’s services and products are offered under the “Vi” brand backed by strong brand recall of the Vodafone and Idea brands. The company has obtained 326 trademark registrations for its brands and has also applied for two additional trademark registrations.
Vi has an aggregate of 8,005.2 MHz of spectrum holdings across different frequency bands as on December 31,2023. Out of the 8,005.2 MHz spectrum, 7,975.2 MHz spectrum is liberalized and can be used towards deployment of any technology (2G, 3G, 4G or 5G). This includes the mid-band 5G spectrum (3300 MHz band) in 17 priority service areas and mmWave 5G spectrum (26 GHz band) in 16 service areas.
The company had 183,400 unique tower locations and over 438,900 broadband (3G and 4G) sites, with all its 4G sites enabled for the provision of voice over LTE (“VoLTE”) services. The company’s population coverage exceeded 1.2 billion individuals, and its OFC spanned over 298,000 kilometers.
Vi’s mobile network reach is across 487,000+ towns and villages in India, with broadband services in 342,200+ towns and villages, each as of December 31, 2023. As of December 31, 2023, the company’s sales & distribution network included over 10,000 distributors, 787,000 multi-brand retailers, 2,400 franchise outlets and 20,000 sales promoters strategically positioned across both urban and rural markets.
Note: The actual amount will be debited when the shares are allotted to you.
Note: The actual amount will be debited when the shares are allotted to you.
An IPO offers share market participants like you and me an opportunity to be a shareholder in an erstwhile privately held company that is now going public and being listed on the market. Historically speaking, investors who choose the right IPOs make significant returns on their investments, which increases the attraction of IPOs.
Once you are a shareholder, you are eligible to receive dividends from the company proportional to the shares you own. You can also sell your stocks for profit on the stock exchange.
In exchange for its shares, the company has an opportunity to raise huge capital to be used to further enhance its business and scale up its operations. The company also has other benefits, such as credibility; visibility; better leverage to effect mergers, acquisitions and even to procure loans at lower rates of interest.
In India, the entire IPO process is ably regulated by the Securities & Exchange Board of India (SEBI), right from the IPO filing by the company to the bidding, allotments and refunds (in case you aren't allotted shares due to oversubscription).
Yes. IPO & Bonds will reflect in the portfolio.
In case the allotment is not done then bank will unblock the application money from the bank accounts upon receiving instructions from the Registrar.
Bidding time will be till 1200 hrs on the closing day of the issue.
Your bank should be a part of the ASBA participating bankers. Click here to check the list of banks.
Yes, you will receive a sms once the IPO form is processed.
BSE IPO index to track the value of companies for two years after listing subsequent to successful completion of their initial public offering (IPO).
This report provides the debit/credit entry of all the transfers done in the IPO and MF account
Click here to check the status of your IPO application
This product is a Loan Facility offered for applying in Primary Market Issues (IPOs and FPOs). With this product Investors can apply for IPOs by investing only Margin amount (specified for each IPO separately).
