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GQG, SBI MF eye up to Rs 6,500-cr investments in Vodafone Idea s Rs 18,000-cr FPO: Report

GQG and SBI Mutual Fund are considering investments under the institutional quota of what will be India s biggest secondary offering

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Vodafone Idea OFS: GQG, SBI Mutual Fund eye investments in Vodafone Idea s Rs 18,000 crore FPO: Report

U.S.-based GQG, run by India-born executive Rajiv Jain, plans to invest about $500 million, while SBI Mutual Fund is considering an investment of $200-300 million in the follow-on public offering, said both people, who declined to be named as the plans are confidential.

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India: GQG, SBI looking to invest in Vodafone Idea s $2 16b share sale

Indian telecom operator Vodafone Idea said on Friday it would raise up to 180 billion rupees ($2.16 billion) later this month through a sale of new shares.

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GQG, SBI Funds Eye Investments in Vodafone Idea $2 16 Billion Share Sale, Sources Say

GQG, SBI Funds Eye Investments in Vodafone Idea $2 16 Billion Share Sale, Sources Say
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GQG, SBI MF may invest up to ₹6,500 Crore in Vodafone Idea s FPO, says Report

It previously announced on Friday that the sale of fresh shares will take place between April 18 and April 22.

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