SSPL WEALTH PVT LTD

Tuesday 30 Apr, 2024 11:26 AM

RVNL's JV bags contract worth Rs 438 crore from Southern Railway Vesuvius India soars after stellar Q1 performance JNK India spurts on debut Power shares gain Consumer goods shares rise Auto stocks edge higher KEC Intl edges higher after bagging contracts worth Rs 1,036 crore Titan Company Ltd Slips 0.36% NMDC Ltd Spurts 1.47% Bajel Projects appoints Rajesh Ganesh as MD & CEO Satin Creditcare spurts after Q4 PAT climbs 33% YoY Trent rises on reporting multi-fold jump in Q4 PAT PNB Housing rises as Q4 PAT climbs 57% YoY to Rs 439 cr UltraTech Cement gains as Q4 PAT jumps 36% YoY to Rs 2,258 cr KPIT Tech surges as Q4 PAT rises 6% QoQ to Rs 164 cr

Saravan Stocks

Hot Pursuit

Scrips, which has significant changes during the market hours.

Vodafone Idea raises Rs 5,400 cr from anchor investors

17-Apr-24 14:23 Hrs IST

The investors include GQG Partners, Fidelity Investments, UBS Fund Management, Jupiter Fund Management, and Australian Super, besides Indian investors such as India Infoline, Motilal Oswal, HDFC Mutual Fund, SBI General Insurance and Quant.

The telecom company allocated 491 crore shares to anchor investors at Rs 11 per share.

The book running lead managers to the FPO are Axis Capital, Jefferies India and SBI Capital Markets.

On 12 April 2024, Vodafone Idea informed that its board had approved to raise Rs 18,000 crore through follow on public offer (FPO) with price band of Rs 10 ? 11 per equity share.

The FPO is slated to open on Thursday 18 April 2024 and close on Monday, 22 April 2024. Anchor investors will be allowed to participate two days prior to the bid/issue opening date, i.e. Tuesday, 16 April 2024.

The company?s FPO consists with a minimum bid lot of 1,298 equity shares and in the multiples of 1,298 equity shares thereafter.

Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is amongst India's leading telecom service provider. The company provides pan India voice and data services across 2G, 3G and 4G platforms. The company holds large spectrum portfolio including mid band 5G spectrum in 17 circles and mmWave 5G spectrum in 16 circles.

The telecom service provider reported a consolidated net loss of Rs 6,985.9 crore in Q3 FY24 as compared with a net loss of Rs 7,990 crore in Q3 FY3. Revenue from operations increased marginally to Rs 10,673.1 crore in Q3 FY24 as against Rs 10,620.6 crore posted in Q3 FY23.

Shares of Vodafone Idea declined 1.82% to end at Rs 12.92 on Tuesday, 16 April 2023. The domestic market is shut today on account of Shri Ram Navami.

Powered by Capital Market - Live News

Attention Investors :

Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.

Attention Investors :

Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.

Attention Investors :

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

Attention Investors :

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

Email ID: info@ssplwealth.com Customers grievances : grievances@ssplwealth.com Compliance officer : Mr.R Udayakumar , compliance@ssplwealth.com, Mobile No: 7305522205

Hit Count : 32245611

Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified)