India Business News: Vodafone Idea has opened its Follow-on Public Offering (FPO) today with an opportunity for investors to subscribe to a Rs 18,000-crore offer. Analysts suggest that despite the company's debt burden, the fresh infusion of capital could enhance its prospects. Here's what you need to consider before deciding whether to apply for this offer.
Vodafone Idea FPO worth ₹18,000 to open from April 18 thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
The follow-on offer will open on April 18 and close on April 22. The floor price for the mega offer has been set at Rs 10 and the cap at Rs 11 per equity share.
Mega Fundraise | Vodafone Idea Announces Rs 18,000 Cr FPO dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.