Vodafone Idea’s Rs 18,000 crore Follow-on Public Offer (FPO) opens for subscription today, Thursday, April 18, and will close on Monday, April 22.
The FPO price band has been set between Rs 10 to Rs 11 per share, with a minimum bid limit of 1,298 equity shares and subsequent bids in multiples thereof.
Market experts have expressed optimism about the FPO, with all signs pointing towards a bullish outlook. The total offer size amounts to Rs 18,000 crore, consisting of fresh equity shares.
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