Vodafone Idea FPO Details, Financials, Valuation & Peers
Get everything you need to know about the Vodafone Idea FPO. Explore Vodafone Idea FPO details, including FPO dates, financial statements, valuation, peer comparison, and more.
Overview
Vodafone Idea Limited stands as the third largest telecommunications service provider in India, offering voice, data, enterprise, and value-added services across 2G, 3G, and 4G technologies. With over 223 million subscribers and a diverse range of licenses, the company holds a significant market share in India's telecommunications industry. Backed by the Aditya Birla group and the Vodafone group, Vodafone Idea combines the strengths of two major conglomerates to deliver comprehensive telecom solutions to its customers.
Key Points:
- Market Position: Third largest telecom service provider in India based on subscriber base, with a subscriber market share of 19.3% as of December 31, 2023.
- Service Offerings: Offers voice, data, enterprise, and value-added services across 2G, 3G, and 4G technologies, including national and international connectivity services.
- Subscriber Base: Boasts over 223 million subscribers as of December 31, 2023, with substantial voice and data traffic carried on its network.
- Promoters: Backed by the Aditya Birla group and the Vodafone group, two major conglomerates with global presence and diverse business interests.
- Infrastructure: Possesses an extensive infrastructure comprising spectrum holdings, tower locations, broadband sites, and optical fiber cables, covering over 1.2 billion individuals and reaching communities across towns and villages in India.
FPO Docs
Objects of the Issue
- Purchase of equipment for the expansion of company's network infrastructure by: (a) setting up new 4G sites; (b) expanding the capacity of existing 4G Sites and new 4G sites; and (c) setting up new 5G sites
- Payment of certain deferred payments for spectrum to the DoT and the GST thereon
- General corporate purposes
FPO Details
Discover essential information crucial for understanding an FPO, including the Price Band, Fresh Issue, Offer For Sale, Total FPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| FPO Dates | 18 Apr - 22 Apr 2024 |
| FPO Price Band | ₹ 10 - 11 per share |
| Fresh Issue | ₹ 18,000.00 crore |
| Offer For Sale | NIL |
| Total FPO Size | ₹ 18,000.00 crore |
| Face Value | ₹ 10 |
| Listing On | BSE, NSE |
FPO Timeline
Explore important dates like FPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire FPO journey effortlessly.
| Event | Date |
|---|---|
| FPO Opening Date | 18 Apr 2024 |
| FPO Closing Date | 22 Apr 2024 |
| Basis Of Allotment | 23 Apr 2024 |
| Refunds | 24 Apr 2024 |
| Demat Transfer | 24 Apr 2024 |
| FPO Listing Date | 25 Apr 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the FPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| Total Income | 42,126.4 | 38,644.9 | 42,488.5 | 32,125.6 |
| Total Expenses | 25,006.5 | 22,479.4 | 25,360.2 | 19254.7 |
| Net Profit/Loss | -44,233.1 | -28,245.4 | -29,301.1 | -23,563.8 |
| NPM (*) | -105.44 | -73.34 | -69.47 | -73.53 |
| Total Assets | 2,03,480.6 | 1,94,029.1 | 2,07,242.7 | 1,90,801.8 |
| Total Liabilities | 2,41,708.6 | 2,55,993.9 | 2,81,601.8 | 2,88,733.7 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| EPS | -15.40 | -9.83 | -8.43 | -4.84 |
| ROE (%) | NA | NA | NA | NA |
| ROCE (%) | NA | NA | NA | NA |
| D/E Ratio | -4.71 | -3.06 | -2.71 | -2.07 |
| Current Ratio | 0.21 | 0.28 | 0.23 | 0.24 |
| EBITDA MARGIN (%) | 40.39 | 41.64 | 39.87 | 39.91 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Vodafone Idea Limited | 42,177.2 | -1.30 | -8.43 | NA | -15.28 |
| Bharti Hexacom Limited | 6579.0 | 51.9 | 10.98 | 13.83 | 84.19 |
| Bharti Airtel Limited | 139,144.8 | 82.16 | 14.57 | 15.84 | 136.72 |
| Reliance Jio Infocomm Limited | 90,786.0 | NA | 1.07 | 8.43 | 48.0 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the FPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 19.31 |
| Non-Institutional Investor (NII/HNI) | 4.54 |
| Retail Individual Investor (RII) | 1.01 |
| Total | 6.99 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
FPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Company Promoters
- KUMAR MANGALAM BIRLA
- HINDALCO INDUSTRIES LIMITED
- GRASIM INDUSTRIES LIMITED
- BIRLA TMT HOLDINGS PRIVATE LIMITED
- VODAFONE INTERNATIONAL HOLDINGS B.V.
- AL-AMIN INVESTMENTS LIMITED
- ASIAN TELECOMMUNICATION INVESTMENTS (MAURITIUS) LIMITED
- CCII (MAURITIUS), INC.
- EURO PACIFIC SECURITIES LTD
- VODAFONE TELECOMMUNICATIONS (INDIA) LIMITED
- MOBILVEST
- PRIME METALS LTD
- TRANS CRYSTAL LTD
- OMEGA TELECOM HOLDINGS PRIVATE LIMITED
- USHA MARTIN TELEMATICS LIMITED
Lead Managers
- Axis Capital Limited
- Jefferies India Private Limited
- SBI Capital Markets Limited
Company Address
Vodafone Idea Limited
Suman Tower, Plot No. 18, Sector 11, Gandhinagar 382 011,
Gujarat, India
Phone: +91 98246 34997
Email: shs@vodafoneidea.com
Website: www.myvi.in
FAQs
- What is the issue size of the Vodafone Idea FPO?The Vodafone Idea FPO has an issue size of ₹ 18,000.00 crore. This includes a fresh issue of ₹ 18,000.00 crore and an offer for sale (OFS) of NIL.
- What is the price band of the Vodafone Idea FPO?The price band for the Vodafone Idea FPO is ₹ 10 - 11 per share.
- What are the bidding dates for the Vodafone Idea FPO?The Vodafone Idea FPO will open for bidding on 18 Apr 2024 and close on 22 Apr 2024.
- What is the allotment date for the Vodafone Idea FPO?The allotment date for the Vodafone Idea FPO is 23 Apr 2024.
- What is the listing date for the Vodafone Idea FPO?The listing date for the Vodafone Idea FPO is 25 Apr 2024.
- What is the Vodafone Idea FPO grey market premium?The grey market premium (GMP) for the Vodafone Idea FPO is currently at ₹2.1, with an expected listing gain of approximately 19.09%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.