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Vodafone Idea FPO shares to debut at bourses

Vodafone Idea FPO shares to debut at bourses on Thursday, stock slumps over 9% ahead of listing; check the latest GMP

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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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