Vodafone Idea FPO GMP today

Vodafone Idea FPO off to a cautious start; issue booked 26% on day 1 led by QIBs

Vodafone Idea FPO off to a cautious start; issue booked 26% on day 1 led by QIBs

Vodafone Idea’s follow-on public offer (FPO), which opened for public subscription on Thursday, was subscribed 26% on the first day of the share sale, primarily led by qualified institutional buyers (QIBs) and non-institutional investors. The issue received bids for about 3.31 billion shares, against 12.60 billion shares on offer. At the end of the day, …

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