FPO

Today is the last date to subscribe into Vodafone Idea’s further public offer. The mega ₹18,000-crore FPO has so far been subscribed by 0.49 times. The FPO price band has been set at ₹10-11.

Vodafone Idea’s follow on public offer has been fully subscribed on the last daye of the issue. Clinching a subscription rate of 107 per cent on the 1260 crore shares on offer, India’s third largest telecom operator has successfully raised ₹18,000 crore it targeted from the public issue.

Vodafone Idea’s follow-on public offer (FPO) secured 26 per cent subscription on Day 1.