On Cash Hunt! Vodafone Idea to launch India’s biggest FPO
Debt-ridden telecom operator on Friday announced that it will offer shares worth Rs 18,000 crore in its further public offering (FPO) from April 18-22 at a price band of Rs 10-11 per share. Following the announcement, Vodafone shares fell over 3% to day's low at Rs 12.51. The higher end of the price band i.e. Rs 11 is at a discount of 26% compared to the recently approved preferential issue price to the promoter entity at Rs 14.87 and a discount of 15% compared to the last closing price of Rs. 12.95.
Read more on
- 01:52
- 11:23
- 01:31
- 29:21
- 02:06
- 01:39
- 01:53
- 02:21
- 03:12
- 02:28
- 02:43
- 02:52
- 01:58
- 01:54
- 05:29
- 01:49
- 01:22
- 01:51
- 01:36
- 02:27
- 01:25
- 02:35
- 02:21
- 01:42
- 02:03
- 02:31
- 02:45
- 02:10
- 01:49
- 02:10
- 01:25
- 02:21
- 01:54
- 02:26
- 05:03
- 03:23
- 02:28
- 01:55
- 06:27
