Allots 42.42 crore equity shares at issue price of Rs 82.50
Idea Cellular announced the successful closure of its qualified institutions placement.The Company has issued and allotted approximately 42.42 crore equity shares of face value of Rs. 10 each to qualified institutional buyers, at an issue price of Rs. 82.50 per equity share (including a premium of Rs. 72.50 per equity share), aggregating to approximately Rs. 3,500 crores (the Issue).
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