Vodafone Idea FPO shares to debut at bourses on Thursday, stock slumps over 9% ahead of listing; check the latest GMP
Shares allotted in the follow-on public offer of Vodafone Idea will list on the bourses tomorrow (Thursday, April 25). It will be determined if the Vodafone Idea FPO shares have debuted at a premium or discount based on the opening price of Vodafone Idea stock tomorrow. The final issue price has been fixed at ₹11 per share, the upper end of the price band of ₹10-11.
After receiving a hefty infusion of funds from institutional investors, the heavily indebted telecom operator Vodafone Idea Ltd successfully gathered ₹18,000 crore, making it the largest FPO in India ever.
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