[ad_1] NEW DELHI: Debt-saddled telecom operator Vodafone Idea Ltd’s Rs 18,000 crore follow-on offering (FPO) on Friday picked up momentum with close to half of the issue being subscribed, largely by institutional investors. Over Rs 12,000 crore, including Rs 5,400 crore from anchor investors, has been raised by the end of day 2 of the…
[ad_1] NEW DELHI: Ailing telecom operator Vodafone Idea (VIL) on Friday said it plans to raise up to Rs 18,000 crore through share sale in the biggest follow-on public offer (FPO) as it moves to mobilise resources to invigorate operations and work towards launching 5G.Vodafone Idea shares will be issued, under the FPO, in a…
[ad_1] Vodafone Idea FPO: Debt-ridden telecom company Vodafone Idea has announced its plans to offer shares worth Rs 18,000 crore in a further public offering (FPO) from April 18-22, with each share priced between Rs 10-11.This decision comes after a board meeting held by the company earlier today. The price of Rs 11 per share…
