India Business News: NEW DELHI: The Rs 18,000-crore follow-on public offer (FPO) of telecoms services provider Vodafone Idea was subscribed seven times, the biggest such f.
Deepak Shenoy s Capital Mind ventures into various sectors with a focus on power transformers, hospitality, and financial investments. Uncertainty surrounds the FOMO crowd s return, Vodafone FPO, and the evolution of the diagnostics space. Sheoy also days: "On the pricing power front, travel and hospitality has really increased in the last year or so. So, something could have fundamentally changed there."
Vodafone Idea s FPO sees slow response. Uncertainty around profitability and debt reduction persists. VI is the third largest telco in India based on subscriber base.
"Approving the Floor Price of the Offer to be Rs10/- per Equity Share; b. Approving the Cap Price of the Offer to be Rs11/-; per Equity Share; and c. A minimum bid lot of 1,298 Equity Shares and in the multiples of 1,298 Equity Shares thereafter," the company said in a stock exchange notice.