Vodafone Idea FPO Allotment Today: Know How To Check Status Online, GMP, Listing Date – News18

Vodafone Idea is scheduled to finalize the basis of the allotment of its shares on Tuesday, April 23. Those who have applied for the issue can check the allotment status in the registrar portal- Link Intime India Private Ltd. Vodafone Idea FPO opened for subscription on April 18 and closed on April 22.

The subscription status on the last day was 6.36 times.

For investors who did not get shares, the company will start the refund procedure on April 24. Those allotted the shares will receive them in their demat accounts on the same day as well.

Shares of Vodafone Idea were trading higher by 7 per cent at Rs 13.73 on the BSE in Tuesday’s intra-day trade, following the Rs 18,000 crore follow-on public offer (FPO) by telecom services provider attracting nearly Rs 90,000 crore in bids from investors. As much as two-thirds of the subscriptions came from overseas investors.

India’s largest FPO was subscribed 6.4 times. The qualified institutional buyer (QIB) portion of the share sale was bought 17.6 times, with 82 per cent of the bids coming from foreign portfolio investors (FPIs), the exchange data shows.

Vodafone FPO GMP

The grey market premium (GMP) of Vodafone Idea has seen a recovery after a sharp correction following the closure of the bidding process. Last heard the company was commanding a premium of Rs 1.20 per share, suggesting a listing pop of around 10-11 per cent for the investors. However, it was around Rs 0.50 on the last day of bidding, while at Rs 1.70 before the bidding kicked-off.

Vodafone Idea FPO allotment status: How to check on registrar website?

Step 1: Go to the Link Intime India Private Ltd. website.

Step 2: Select the FPO from the dropbox.

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

Step 4: Select the application type and choose between ASBA and non-ASBA.

Step 5: Add details for the mode you selected in Step 2.

Step 6: Complete the captcha and click ‘Submit’.

Vodafone Idea FPO allotment status: How to check on BSE?

Step 1: Visit allotment page on BSE’s official website

Step 2: Under ‘Issue Type’, select ‘Equity’.

Step 3: Choose FPO from the drop-down option under ‘Issue Name’.

Step 4: Enter PAN or application number.

Step 5: Click ‘I am not a Robot’ to confirm your identity.

Step 6: Click ‘Submit’.

Vodafone Idea FPO allotment status: How to check on NSE?

Step 1: Visit NSE’s official website.

Step 2: Select the ‘Click here to sign up’ option on the NSE website.

Step 3: Enter user name, password, and captcha code.

Step 4: Check FPO allotment status on the new page.

Jefferies India, Axis Capital and SBI Capital Markets are the book running lead managers of the Vodafone Idea FPO, while Link Intime India is the registrar for the issue. Shares of the company are likely to debut on both BSE and NSE, with April 25, Thursday being the likely date of listing.

Incorporated in March 1995, Vodafone Idea is a telecommunications player, that provides voice, data, and value-added services across 2G, 3G, and 4G technologies, such as short messaging and digital services for enterprises and consumers. It offers mobile and fixed services to 300M+ customers in 17 countries.