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Vodafone Idea is looking to raise Rs 18,000 crore through FPO, the biggest ever follow-on public offer by the Indian entity

Vodafone Idea FPO booked 49% on Day 2, QIBs in lead

Vodafone Idea launched its Rs 18,000-crore FPO today. The debt-ridden company plans to use part of the proceeds to expand its 4G and 5G network.

Vodafone Idea FPO opens, subscribed 13% so far on Day 1

Notably, Indus Towers expects Vodafone Idea to clear all its pending dues in one go

Vodafone Idea CEO says no 'one-shot' clearance of vendor dues

Akshaya Moondra reiterated the need to increase telecom tariffs saying that it will help telcos recover their cost of capital and generate free cash. He, however, declined to comment if Vodafone Idea will take the lead in introducing tariff hikes in the country.

Vodafone Idea will engage with lenders more seriously once FPO funding is in, says CEO

Vodafone Idea incurred a massive loss of Rs 23,564 crore for the nine months ended December, widening from Rs 22,822 crore a year earlier

Vodafone Idea FPO: Should you subscribe to India’s largest follow-on offer? Analysts advise caution

Banking, FMCG and speciality chemicals are Ashika Global Family Office Services co-founder Amit Jain’s picks if the market takes a tumble.

Daily Voice | This investment manager has 3 sectors on his radar if there is a sharp correction

The third-ranked telecom operator plans to raise Rs 18,000 crore through India’s largest follow-on public offering, which will open on Thursday, April 18.

Vodafone Idea raises Rs 5400 crore from nearly 60 anchor investors

The company plans to use Rs 12,750 crore from the FPO to purchase equipment for the expansion of its network infrastructure by setting up new 4G and 5G sites as well as expand their existing capacities.

Vodafone Idea FPO to open for subscription on April 18, stock falls 3%

Of the total proceeds, the telco proposes to use Rs 12,750 crore for equipment to expand its network infrastructure by setting up new 4G sites, expanding the capacity of existing 4G sites and setting up new 5G sites

Vodafone Idea FPO: 10 things to know about India’s largest follow-on public offer

While the fund-raise should improve Vi’s near-term fortunes, analysts said they don’t expect Vodafone Idea to gain any meaningful market share from its peers.

Vodafone Idea FPO to improve competitiveness with rivals; meaningful market share gains unlikely: Analysts

Vodafone Idea Ltd. engages in the provision of telecommunication services. It provides pan India voice and data services across 2G, 3G and 4G platform. The company was founded on March 14, 1995 and is headquartered in Mumbai, India.

Volume (M)	721.59M
52-Wk High	18.40
52-Wk Low	6.15

IDEA.NSE Vodafone Idea Ltd.

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