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Vodafone Idea FPO: Should You Apply Before Bidding Ends?

Vodafone Idea FPO: Should You Apply Before Bidding Ends?

The Vodafone Idea Follow-On Public Offer (FPO) is witnessing strong subscription, particularly from Qualified Institutional Buyers (QIB) and Non-Institutional Investors (NII). With the bidding closing today, the FPO has been oversubscribed by 6.33 times overall, while the retail portion is at 0.85 times. Market analysts suggest a 'subscribe' tag due to potential long-term prospects, despite near-term risks. Notably, the FPO is set to be fully allotted by April 23rd or 25th, adhering to the 'T+3 listing rule'. Consider consulting experts before investing.








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