BUSINESS

Vodafone Idea FPO Allocation: How to Check Online Status, GMP, and Listing Date

On Tuesday, April 23, Vodafone Idea is expected to complete the terms of the share allocation. Those who applied for the job may visit the registrar site, Link Intime India Private Ltd., to verify the status of their allocation. The Vodafone Idea FPO was available for enrollment from April 18 to April 22.

On the last day, the subscription status was 6.36.

On April 24, the corporation will begin the refund process for investors who did not get shares. The shares will also be deposited into the demat accounts of those who have been allocated them on the same day.

In intraday trading on Tuesday, shares of Vodafone Idea were up 7% at Rs 13.73 on the BSE. This was in response to the telecom services provider’s Rs 18,000 crore follow-on public offer (FPO), which attracted bids close to Rs 90,000 crore from investors. Out of the total subscriptions, foreign investors accounted for up to two thirds.

The biggest FPO in India received 6.4 subscriptions. According to exchange statistics, the qualified institutional buyer (QIB) part of the share sale was purchased 17.6 times, with 82% of the bids coming from foreign portfolio investors (FPIs).

FPO GMP for Vodafone

Following the conclusion of the bidding process, Vodafone Idea’s grey market premium (GMP) had a significant fall before seeing a rebound. As of last hearing, the business was asking a premium of Rs 1.20 per share, indicating a 10–11% listing premium for investors. On the last day of bidding, it was around Rs 0.50, however, it was Rs 1.70 before to the start of the auction.

How can I check the Vodafone Idea FPO allocation status on the registrar website?

Step 1: Visit the website of Link Intime India Private Ltd.

Step 2: From the Dropbox, choose the FPO.

Step 3: Choose the Application No., Demat Account, or PAN.

Step 4: Choose between ASBA and non-ASBA applications and the application type.

Step 5: Provide information about the method you chose in Step 2.

Step 6: Click “Submit” after completing the captcha.

How can I check my Vodafone Idea FPO allocation status on the BSE?

Step 1: Go to the BSE official website’s allocation page.

Step 2: Choose “Equity” under “Issue Type.”

Step 3: Select FPO from the “Issue Name” drop-down menu.

Step 4: Input your application number or PAN.

Step 5: To verify your identity, click “I am not a robot.”

Step6: Press “Submit.”

How can I check my Vodafone Idea FPO allocation status on the NSE?

Step1: Go to the official NSE website.

Step 2: Go to the NSE website and click the “Click here to sign up” link.

Step 3: Type in your password, user name, and captcha.

Go to the new website and check the status of your FPO allocation.

The Vodafone Idea FPO’s book running lead managers are Jefferies India, Axis Capital, and SBI Capital Markets. The issue’s registrar is Link Intime India. The company’s shares are anticipated to list on the BSE and NSE on Thursday, April 25, at the latest.

Vodafone Idea is a telecommunications company that was founded in March 1995. It offers voice, data, and value-added services using 2G, 3G, and 4G technologies. These services include digital services and short messaging for both individuals and businesses. It provides 300 million+ clients in 17 countries with fixed and mobile services.

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