Vodafone Idea raises ₹5400 crore from nearly 60 anchor investor

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

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26% of the total shares allocated to anchor investors, have been purchased by US-based GQG Partners.

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Fidelity Investments invested about ₹772. Troo Capital invested ₹331 crore and Australian Super invested ₹130 crore.

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16.2% of the total allocation, totaling ₹874 crore, went to anchor investors. Motilal Oswal Midcap Fund secured ₹500 crores among others

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The telco aims to use ₹12,750 crore for expanding its network infrastructure by setting up new 4G and 5G sites and increasing the capacity of existing 4G sites.

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Vodafone Idea raises ₹5400 crore from nearly 60 anchor investor

Vodafone Idea raises ₹5400 crore from nearly 60 anchor investor

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

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

26% of the total shares allocated to anchor investors, have been purchased by US-based GQG Partners.

26% of the total shares allocated to anchor investors, have been purchased by US-based GQG Partners.

Fidelity Investments invested about ₹772. Troo Capital invested ₹331 crore and Australian Super invested ₹130 crore.

Fidelity Investments invested about ₹772. Troo Capital invested ₹331 crore and Australian Super invested ₹130 crore.

16.2% of the total allocation, totaling ₹874 crore, went to anchor investors. Motilal Oswal Midcap Fund secured ₹500 crores among others

16.2% of the total allocation, totaling ₹874 crore, went to anchor investors. Motilal Oswal Midcap Fund secured ₹500 crores among others

The telco aims to use ₹12,750 crore for expanding its network infrastructure by setting up new 4G and 5G sites and increasing the capacity of existing 4G sites.

The telco aims to use ₹12,750 crore for expanding its network infrastructure by setting up new 4G and 5G sites and increasing the capacity of existing 4G sites.

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