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Vodafone Idea Limited (VIL) | Vodafone Idea follow-on offering subscribed 3.3 times, retail lags

Vodafone Idea Limited (VIL) | Vodafone Idea follow-on offering subscribed 3.3 times, retail lags
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Vodafone Idea FPO subscribed 3.3 times, retail lags

Debt-saddled telecom operator Vodafone Idea Ltd s Rs 18,000 crore follow-on offering (FPO) on Monday was subscribed more than 3.3 times, as institutional investors poured in money but the retail segment lagged. On the last day of the offering, as many as 4,212.56 crore shares were sought against the issue size of 1,260 crore at 14.30 hrs, according to information on stock exchanges.

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Vodafone Idea FPO picks momentum as institutional investors pour money, ET Telecom

Vodafone Idea: Qualified institutional buyers picked up 93 per cent of their 360 crore shares reserved for them while non-institutional investors sought 75 per cent out of 270 crore shares earmarked for them.

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Vodafone Idea FPO picks momentum as institutional investors pour money

India Business News: NEW DELHI: Debt-saddled telecom operator Vodafone Idea Ltd's Rs 18,000 crore follow-on offering (FPO) on Friday picked up momentum with close to half .

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Vodafone Idea FPO opens to slow start, 26% shares subscribed, Telecom News, ET Telecom

Vodafone Idea sold shares worth Rs 5,400 crore to institutional investors in the first phase earlier this week. Investment firms GQG and Fidelity picked up most of the shares during the anchor book allocation.

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