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Vodafone Idea Limited

Founded in March 1995, Vodafone Idea Limited is a major telecom company serving both businesses and consumers across India. It offers a wide range of voice, data, and digital services on 2G, 3G, and 4G networks, including messaging and value-added features. As of December 31, 2023, the company has over 223 million subscribers, holding a 19.3% market share. With a vast network handling 401 billion voice minutes and 6,004 billion MB of data, Vodafone Idea plays a key role in India’s telecom industry. Backed by the combined expertise of Vodafone and Idea, the company reported a total income of ₹424,885 million for FY2023, with ₹321,256 million earned in the first nine months of the year. It operates around 183,400 tower locations and provides broadband services to over 438,900 units, covering more than a billion people across India. To ensure easy access to its services, 2,300 branded urban stores are spread across the country, covering over 95% of all districts. Supported by a dedicated workforce of 12,598 employees, Vodafone Idea continues to innovate and expand its services, reinforcing its position as a leading telecom provider in India.

₹10 - ₹116.99x sub
Listed Price11.80
Listing Gain+7.27%
TimelineBook Built Issue IPO
Open18 Apr 2024
Close22 Apr 2024
Allotment23 Apr 2024
Listing25 Apr 2024

Quota Reservation Portions

RetailPortion: 5,72,72,72,727 shares
35%
Nii(hni)Portion: 2,45,45,45,454 shares
15%
QIBPortion: 3,27,27,27,273 shares
20%

Minimum Application Bracket Matrix

Retail1 lots / 1,298 shares
₹14,278
sHNI15 lots / 19,470 shares
₹2,14,170
bHNI71 lots / 92,158 shares
₹10,13,738

About the Company

Founded in March 1995, Vodafone Idea Limited is a major telecom company serving both businesses and consumers across India. It offers a wide range of voice, data, and digital services on 2G, 3G, and 4G networks, including messaging and value-added features. As of December 31, 2023, the company has over 223 million subscribers, holding a 19.3% market share. With a vast network handling 401 billion voice minutes and 6,004 billion MB of data, Vodafone Idea plays a key role in India’s telecom industry. Backed by the combined expertise of Vodafone and Idea, the company reported a total income of ₹424,885 million for FY2023, with ₹321,256 million earned in the first nine months of the year. It operates around 183,400 tower locations and provides broadband services to over 438,900 units, covering more than a billion people across India. To ensure easy access to its services, 2,300 branded urban stores are spread across the country, covering over 95% of all districts. Supported by a dedicated workforce of 12,598 employees, Vodafone Idea continues to innovate and expand its services, reinforcing its position as a leading telecom provider in India.

Company Promoters

Kumar Mangalam BirlaHindalco Industries LimitedGrasim Industries LimitedBirla TMT Holdings Private LimitedVodafone International Holdings B.V.Al-Amin Investments LimitedAsian Telecommunication Investments (Mauritius) LimitedCCII (Mauritius)Inc.Euro Pacific Securities LtdVodafone Telecommunications (India) LimitedMobilvestPrime Metals LtdTrans Crystal LtdOmega Telecom Holdings Private LimitedUsha Martin Telematics Limited