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.
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 .
Vodafone Idea shares touch 52-week high; zoom over 16% : Rashtra News Shares of Vodafone Idea Ltd on Thursday hit its 52-week high on the bourses after the stock spurted over 16 per cent, amidst reports that the firm has raised enough fund for the repayment of interest owed to bondholders within the December 13
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.