Global brokerage Citi maintained its ‘buy’ recommendation on Vodafone Idea stock after the Chief Justice of India consented to hear its appeal over AGR (Adjusted Gross Revenue) dues. Citi has set a target price of ₹23, suggesting a strong upside of almost 38%. “The management is hopeful about a positive resolution in the AGR case…
Vodafone Idea FPO allotment date today: Today, on Tuesday, April 23, the allotment status for Vodafone Idea FPO shares will be finalized. Investors who have taken part in the offering can verify their allotment status via the registrar portal, Link Intime India Private Ltd. Vodafone Idea, the country’s third-largest telecom operator, conducted its FPO from…
The Vodafone Idea FPO will close on Monday, April 22. It began for subscriptions yesterday, Thursday, April 18. On the first day of the share offering, 26% of the Vodafone Idea FPO subscription status was made up of non-institutional investors and qualified institutional buyers (QIBs). According to BSE statistics, retail investors only bid for 6%…
Vodafone Idea FPO: Kotak Institutional Equities hailed Vodafone Idea’s Rs 18,000 crore follow-on public offer (FPO) as a positive step forward. In their latest note, they emphasized that this move is poised to address the network coverage gap and enhance Vodafone Idea’s competitiveness against its peers to some extent. With a significant decrease in bank…
Vodafone Idea announced today its plans to initiate a Follow-on Public Offer (FPO) of equity shares valued at up to Rs 18,000 crore next week.The FPO commences on April 18 and concludes on April 22. The company stated in an exchange filing that the anchor bids would be approved on April 16. The floor price…
