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Vodafone Idea FPO IPO

Telecom - Listed on 25 April 2024

+7.3% listing gain
Issue Price (Upper)
Rs 11
Listing Price
Rs 11.8
Closing Price (NSE)
Rs 13.9
Total Subscription
6.36x

Vodafone Idea FPO IPO listing summary

Vodafone Idea FPO (Telecom) closed its IPO window in 2024 and listed on NSE and BSE on 25 April 2024 at an upper band issue price of Rs 11, opening at Rs 11.8 for a listing gain of +7.3% and closing day one at Rs 13.9 (+26.4% on closing basis). The IPO was subscribed 6.36x overall - QIB 17.56x, HNI/NII 4.54x, Retail 1.01x. The total issue size was Rs 18,000 Cr (Fresh Issue Rs 18000 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+7.27%
Listing Gain (Close)
+26.36%
Day Change After Listing
+19.09%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB17.56x
HNI / NII4.54x
Retail1.01x
Overall6.36x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.13x
Day 21.80x
Day 3 (Final)6.36x

Vodafone Idea FPO IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 0+4.55%
Day 2Rs 0+4.55%
Day 3Rs 0+9.09%
Day 4Rs 0+9.09%
Day 5Rs 0+9.09%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
4.5%-9.1%
IPOGyani AI Prediction
-
Actual Listing Gain
+7.3%

Issue & financials

Issue SizeRs 18,000 Cr
Fresh IssueRs 18,000 Cr
OFSRs 0 Cr
IPO PE34.41
Peer / Sector PE76.56
PE vs Sector Ratio0.45
Latest EBITDA (Cr)17.08
Debt / Equity0.57

Market context at listing

How the broader market moved around the Vodafone Idea FPO IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-2.32%
Nifty 1W Return-2.32%
Nifty 1M Return+0.06%
Nifty during IPO window+2.77%

Vodafone Idea FPO IPO - FAQs

What was the listing gain of Vodafone Idea FPO IPO?

Vodafone Idea FPO IPO listed at +7.3% versus the upper issue price of Rs 11 on 25 April 2024.

How many times was Vodafone Idea FPO IPO subscribed?

Vodafone Idea FPO IPO was subscribed 6.36x overall. QIB portion was subscribed 17.56x, HNI / NII 4.54x and Retail 1.01x.

What was the IPO GMP for Vodafone Idea FPO?

IPO GMP started at Rs 0 on Day 1 and moved to Rs 0 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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