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Vodafone Idea successfully closes FPO to fund 4G, 5G rollouts

Vodafone Idea successfully closes FPO to fund 4G, 5G rollouts
rcrwireless.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rcrwireless.com Daily Mail and Mail on Sunday newspapers.

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Vodafone Idea FPO: Dial Vi for victory: Cash-strapped telco pulls off biggest FPO

Vodafone Idea FPO: Dial Vi for victory: Cash-strapped telco pulls off biggest FPO
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Vodafone Idea s Rs 18,000 crore FPO fully subscribed with strong global institutional investors interest | India Business News

India Business News: Vodafone Idea's Rs 18,000 crore follow-on public offer (FPO), the largest in India's history, was fully subscribed on the third day. Global institutional investors like GQG, Capital Group, and Fidelity Investments showed high interest in the telecom company. The section for qualified institutional buyers (QIBs) was subscribed 1.23 times, non-institutional investors (NIIs) 1.93 times, and the retail segment 42%.

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Vodafone Idea FPO subscription status: Vodafone Idea s Rs 18,000 crore FPO fully subscribed on last day

Rajiv Jain s GQG Partners, which had invested nearly Rs 1,350 crore in Vis anchor book, continued to invest in the FPO. Additionally, several other foreign institutional investors, such as Capital Group and Fidelity Investments, subscribed to the issue, according to banking sources.

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Vodafone Idea FPO subscribed 26% on Day 1, Telecom News, ET Telecom

Vodafone Idea s follow-on public offer (FPO) received a 26% subscription rate on the first day of bidding, driven by strong demand from qualified institutional buyers. Learn more about the subscription rates and investor interest in the FPO.

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