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If you've applied for the Vodafone Idea Ltd FPO, you're likely eager to know the allocation status. Well, the wait is over! The allotment process has been completed, and now you can easily check how many shares you've been allotted. You can do this by visiting the Link Intime India Private Ltd registrar website. Moreover, for those who didn't receive an allotment, rest assured, the refund process has also been finalized.
Additional Read: What is IPO
The allotment date for the Vodafone Idea Ltd FPO has been confirmed, and allotments have been finalized. Investors who applied for the issue can now verify their allotment status on the registrar portal designated for Vodafone Idea Ltd FPO, managed by Link Intime India Private Ltd. You can discover the number of shares allotted to you through the registrar's website. Additionally, the company has concluded the refund process for investors who were not allotted shares. The subscription period for Vodafone Idea Ltd FPO commenced on 18th April 2024 and concluded on 22nd April 2024.
Additional Read: Upcoming IPOs
On the third day of subscription, the Vodafone Idea Ltd FPO witnessed 6.36 times subscription. The listing date is scheduled on 25th April 2024. Investors can ascertain their share allocation through the basis of allotment process and check their allotment status. For those who were not allocated shares, the refund process will commence on 24th April 2024. Those allotted shares will receive them in their demat accounts on 24th April 2024. The listing date for Vodafone Idea Ltd FPO is confirmed to be 25th April 2024.
If you've applied for the Vodafone Idea Ltd FPO, you can easily check your allotment status on the <Registrar Name> website. Here's a simple guide to check your allotment status:
Go to the <Registrar Name> website.
Additional Read: How to Invest in an IPO Online
The following table outlines the allocation quotas for different categories, detailing both the number of shares and the percentage of the total share capital raised. However, it's primarily the quotas for retail and HNI investors that are of significant interest.
Category of Investors | Allocation of shares under FPO |
Reservation for Employees | - |
Anchor Allocation | 490.91 crore shares (28.04% of Net Offer size) |
QIB Shares Offered | 360.00 crore shares (20.56% of Net Offer size) |
NII (HNI) Shares Offered | 270.00 crore shares (15.42% of Net Offer size) |
Retail Shares Offered | 630.00 crore shares (35.98% of Net Offer size) |
Total Shares Offered | 1,750.91 crore shares (100.00% of FPO size) |
Data Source: BSE
Let's now examine how different categories of investors participated in placing their bids for the FPO of Vodafone Idea Ltd
Next, let's delve into the level of subscription. The table below illustrates the degree of subscription for each category, along with the overall subscription for Vodafone Idea Ltd.
Category | Subscription Status |
Qualified Institutional Buyers (QIB) | 17.56 Times |
S (HNI) ₹2 lakhs to ₹10 lakhs | 1.41 |
B (HNI) Above ₹10 lakhs | 5.49 |
Non Institutional Investors (NII) | 4.13 Times |
Retail Individuals | 0.91 Times |
Employees | NA |
Overall Subscription | 6.36 Times |
Data Source: BSE
Additional Read: Difference Between NFO and IPO
The response to the FPO of Vodafone Idea Ltd was generally considered modest. The QIB portion witnessed a subscription of 17.56 times, while the HNI/NII portion saw a subscription of 4.13 times. The Retail portion experienced a subscription of 0.91 times, culminating in an overall subscription of 6.36 times for the FPO.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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