Vodafone Idea FPO allotment – How to check allotment, GMP and more
Apr 22, 2024, 17:48 IST
- Vodafone Idea is expected to announce its share allotment status on Tuesday, April 23.
- The shares of Vodafone Idea were subscribed 6.36 times.
- The shares are expected to be listed on the stock exchanges on April 25.
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Cash-strapped Vodafone Idea is currently raising funds through a Follow on Public Offer (FPO). The telecom operator is expected to announce the allotment status of its initial public offering (FPO) on Tuesday, April 23.The Vodafone Idea FPO opened on April 18 and closed on April 22. The price band for the FPO was ₹10 to ₹11 per share.
Average subscription
On the last day, the Vodafone Idea FPO was subscribed 6.36 times.
While the qualified institutional buyer portion was subscribed 17.56 times, the non-institutional investors portion was subscribed 4.13 times. The retail portion witnessed underwhelming participation and was subscribed 0.91 times.
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Grey market premium
The shares of Vodafone Idea are currently commanding a grey market premium (GMP) of ₹0.50 per share. GMP is the premium at which shares are traded in an unofficial market before they are listed on the stock exchanges.
Here’s how to check the FPO’s allotment status
You can check the allotment status on the registrar’s website.
- To check the Vodafone Idea FPO allotment status, visit the registrar’s website here.
- Click on ‘Select Company’ and then select ‘Vodafone Idea’.
- Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
- Click on submit.
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You can also check the Vodafone Idea FPO allotment status on the BSE and NSE websites.To check the allotment status on BSE or NSE website:
- Go to the BSE website.
- On the website, click on 'Equity' and then select ‘Vodafone Idea’ from the dropdown menu.
- Now, enter your application number and PAN.
- Click on 'Search'.
You can click here and log in to check your allotment status on NSE.
Vodafone Idea FPO listing date
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The shares of Vodafone Idea will be listed on the stock exchanges on April 25.SEE ALSO:
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