Vodafone Idea Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Vodafone Idea Ltd IPO

Through its pan India network, the company offers voice, data, enterprise and other value-added services, including short messaging services and digital services across 2G, 3G and 4G technologies. The Company also offers connectivity services to enterprise customers. The Company holds active licenses for national long distance, international long distance, internet service provider and registration for infrastructure provider (IP-1) services. The Company carries inter-service area voice traffic and incoming and outgoing international voice traffic on its network, which is facilitated through interconnections with its active licenses. Its Promoters are part of the Aditya Birla group and the Vodafone group.

Vodafone Idea Ltd IPO Details

Total Shares Offered

₹ 16,36,36,36,363

Offer to Public

TBA

Retail Max (Shares)

₹ 5,72,72,72,727

Pre Issue Promoters Holding

₹ 20,14,41,75,635

Exchange

BSE

Issue size

₹ 18000 Cr

IPO Open Date

Feb 12, 2007

Close Date

Feb 15, 2007

Lot Size

Min Investment

₹ 900

Issue Type

Book Building

Listing Date

Mar 9, 2007

Vodafone Idea Ltd IPO Dates

Feb 12, 2007

Opening date

Feb 15, 2007

Closing date

Apr 23, 2024

Basis of Allotment

Apr 24, 2024

Initiation of Refunds

Apr 24, 2024

Credit of Shares

Mar 9, 2007

Listing date

Details

Sector	Type
Sector	Telecommunications - Service Provider
Sub Sector	NA
Issue Type	Book Building

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	8181818182
NII	0x	2454545455
Retail	0x	5727272727
Employee	0x	0
Total	0x	16363636363

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

8181818182

2454545455

5727272727

16363636363

Vodafone Idea Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	43,455.70	42,572.70	42,142.60
EBITDA	15,380.30	13,562.40	15,416.60
PAT	-27,442.10	-31,236.20	-29,307.80
Total Assets	34,187.20	16,579.50	18,119.00
Share Capital	71,393.00	50,119.80	48,679.70
Total Borrowings	24,117.10	18,039.40	23,284.70
Operating Activities (Net Cash)	-6,030.90	-9,247.90	-6,945.60
Investing Activities (Net Cash)	-17,755.50	-17,862.90	-17,655.20
Financing Activities (Net Cash)	24,117.10	18,039.40	23,284.70
Net Cashflow	10,471.00	453.90	771.60

About Vodafone Idea Ltd

Vodafone Idea Limited was incorporated as `Birla Communications Limited', a public limited company under the Companies Act, 1956 with a certificate of incorporation issued by the Registrar of Companies, Maharashtra at Mumbai on March 14, 1995 and a certificate of commencement of business on August 11, 1995. Pursuant to a joint venture agreement dated December 5, 1995 between AT&T Corporation and Grasim Industries Limited, the name of the Company was changed to `Birla AT&T Communications Limited' and a fresh certificate of incorporation was issued by the Registrar of Companies, Maharashtra at Mumbai on May 30, 1996. The name of the Company was subsequently changed to `Birla Tata AT&T Limited' and a fresh certificate of incorporation was issued by the RoC on November 6, 2001 pursuant to a shareholders agreement dated December 15, 2000 entered into between Grasim Industries Limited on behalf of the Aditya Birla group, Tata Industries Limited on behalf of the TATA Group and AT&T Wireless Services Inc. on behalf of the AWS Group which replaced the joint venture agreement between AT&T Corporation and Grasim Industries Limited. Further, pursuant to the introduction of the Idea brand, the name of the Company was changed to dea Cellular Limited' and a fresh certificate of incorporation was issued by the RoC on May 1, 2002. Thereafter, pursuant to amalgamation of VMSL and Vodafone India with the Company, the name of the Company was changed to its present name `Vodafone Idea Limited', and a fresh certificate of incorporation was issued by the RoC on August 31, 2018.

The mobile telecommunications industry is an integral part of the Indian economy and has contributed to the economic growth and the GDP of the country. The mobile telecommunications industry in India is divided into 22 service areas - three metro service areas, and 19 other service areas. These other service areas are further categorized into circles based on the relevant degree of affluence, infrastructure development and revenue potential across each service area. Furthermore, mobile broadband is the primary medium to access internet in India, and penetration of smartphones in India has been increasing.

Peer Comparison:

Bharti Airtel Ltd
Bharti Hexacom Ltd
Reliance Jio Infocomm Ltd

Vodafone Idea Ltd Key Points

Strengths

Large subscriber base.

Extensive telecommunication network.

Existing network built on 5G-ready architecture.

Large enterprise customer base with longstanding relationships.

Extensive distribution and service network.

Risk

The audit and review reports of the statutory auditors of the Company contain a paragraph on material uncertainty relating to going concern. There can be no assurance that any similar observations or remarks will not form part of the financial statements of the Company, or that such remarks will not affect its financial condition.

If the company does not continue to provide telecommunications or related services that are technologically up to date or keep up with changing consumer preferences, its may not remain competitive, and the company's business, prospects, results of operations and cash flows may be adversely affected.

The company requires significant capital to fund its capital expenditure and working capital requirements and if the company is unable to raise additional capital, its business, results of operations, financial condition and cash flows could be adversely affected.

Strategy

Focused Investments to Drive Coverage and Capacity Expansion.

Its Initiatives to Improve its Average Revenue Per User and Customer Retention.

Focus on Business Services through Telco to Techco Transformation.

Strategic Collaborations to Monetize Digital Opportunities.

How To Apply for Vodafone Idea Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Vodafone Idea Ltd IPO?

Vodafone Idea Ltd's IPO offers shares for up to 18,000 It begins on Feb 12, 2007 and ends on Feb 15, 2007.

What is the price of the Vodafone Idea Ltd IPO?

The price of Vodafone Idea Ltd IPO ranges between ₹10 to ₹11 per share.

What are the open and close dates for the Vodafone Idea Ltd IPO?

The Vodafone Idea Ltd IPO opens on Feb 12, 2007 and closes on Feb 15, 2007.

When will the Vodafone Idea Ltd IPO be allotted?

The allotment for the Vodafone Idea Ltd IPO will be finalised on Apr 23, 2024. The shares will be listed on BSE and NSE on Mar 9, 2007.

What is the minimum lot size required for Vodafone Idea Ltd IPO?

The minimum lot size for Vodafone Idea Ltd IPO is 90 shares, priced between ₹10 to ₹11 per share.

What is the GMP of Vodafone Idea Ltd IPO?

The GMP (Grey Market Premium) of Vodafone Idea Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Vodafone Idea Ltd IPO?

To check the allotment status of Vodafone Idea Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Vodafone Idea Ltd IPO getting listed?

The Vodafone Idea Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Feb 12, 2007, and closes on Feb 15, 2007. The allotment is finalised on Apr 23, 2024.

How do you apply for the Vodafone Idea Ltd IPO?

To apply for the Vodafone Idea Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.