The allotment status for Vodafone Idea FPO is set to be finalized today, Tuesday, April 23. Investors who participated in the FPO can check their allotment status on the registrar portal, managed by Link Intime India Private Ltd.
The FPO, launched by the country’s third-largest telecom operator, opened for subscription on April 18 and closed on April 22, with the subscription reaching 6.36 times by the final day, notably with qualified institutional buyers oversubscribing by 19.3 times their allotted portion.
As of Tuesday, Vodafone Idea’s share price is trading at ₹13.23 per share on the BSE, marking a 2.64% increase. Investors can ascertain their allocation status and the quantity of shares allocated through the basis of allotment.
For applicants who were not allotted shares, the refund process will commence on Wednesday, April 24. Shares allocated will be credited to the demat accounts of successful applicants on the same day.
The listing date for Vodafone Idea FPO is scheduled for Thursday, April 25. Investors can check their allotment status on the website of the IPO registrar, Link Intime India Private Ltd.
To check the allotment status, investors can follow these steps:
1. Visit the Link Intime India Private Ltd. website.
2. Select the FPO from the dropdown list (the name will be added once allocation is completed).
3. Choose PAN, Demat Account, or Application No. to check the status.
4. Select the application type (ASBA or non-ASBA) and provide the relevant details.
5. Complete the captcha and click submit.
Alternatively, investors can also check the allotment status on the official websites of BSE and NSE by following the provided steps.
The grey market premium (GMP) for Vodafone Idea FPO is currently at ₹1.20. Analysts anticipate that the fresh shares issued under the FPO may be listed at ₹12.2, reflecting a gain of 10.91% over the upper end of the price band. The consistent rise in the IPO GMP over the past 12 sessions indicates positive market sentiment and suggests a strong listing for the FPO.
