Fpo

India has become a hotspot for dealmaking, with companies raising a record $28.4 billion from IPOs and primary share offerings this year, as per Prime Database.

IREDA board approves plan to raise Rs 4,500 crore in equity capital

The funds will be raised in one or more tranches through methods including Further Public Offer (FPO), Qualified Institutional Placement (QIP), Rights Issue, Preferential Issue, or other permitted modes, the green financing NBFC said.

Vodafone Idea gets in-principle approval for Rs 14,000-crore loan from SBI-led consortium: Sources

The proceeds will be used to repay operational creditors, roll out a 5G network, and bid for additional spectrum, sources said. The telco is aggressively pursuing its larger objective of raising Rs 25,000 crore after the successful Rs 18,000-crore FPO

Vodafone Idea FPO got investors' trust due to KM Birla's commitment to business: SBI's Dinesh Khara

The Rs 18,000 crore follow-on offer - India's largest ever - saw an overall subscription of seven times with institutional book being subscribed 19 times.

Vodafone Idea stock jumps 25% over FPO price as new shares list on exchanges

The company's FPO was subscribed 6.36 times by April 22, the final day of bidding, with investors bidding for 8,011.8 crore equity shares

Vodafone Idea FPO's success buys it two years of talk time

With the clock ticking, the company faces a two-year deadline to commence payments to the government for its spectrum and AGR (Adjusted Gross Revenue) instalments

Vodafone Idea zooms 12% after FPO sees 6x subscription; focus shifts to allotment, listing

The fundaraise is expected to give Vodafone firepower to improve its positioning in the telecom space, where it currently trails larger rivals such as Reliance Jio and Bharti Airtel, by a wide margin.

Vodafone Idea FPO subscribed 6x on final day, QIBs outpace

Vodafone Idea FPO closes today. India's largest FPO has already been over subscribed.

Vodafone Idea in focus as FPO ends today: Should you buy into the Rs 18,000-cr issue?

Vodafone Idea shares closed at Rs 12.85 apiece on April 19, up Rs 1.85 from the upper price band. According to market observers, FPO GMP has remained positive despite weakness in the secondary market.

Vodafone Idea’s mega Rs 18,000 Cr FPO opens| GQG among investors| CEO Akshaya Moondra on future plans

Vodafone Idea’s mega Rs 18,000 cr FPO opens for subscription. The company has raised Rs 5,400 crore from 74 anchor investors, the company announced in a press statement on Wednesday. The investors include GQG Partners, The Master Trust Bank of Japan, UBS, Morgan Stanley Investment Management, Citigroup Global Markets, Australian Super, Fidelity, Quant, and Motilal Oswal. In an interview to Moneycontrol’s Nandita Khemka, CEO Akshay Mundra highlights the company's strategy to address subscriber loss by prioritising 4G coverage and capacity growth. Despite challenges, including a significant portion of 2G subscribers, Vodafone Idea aims to align ARPU growth with industry peers.

Vodafone Idea management on Rs 18,000 crore FPO which opens for subscription from 18-22 April

Telecom operator Vodafone Idea’s board has approved a Follow-on Public Offering (FPO) of equity shares of up to Rs 18,000 crore. The floor price for the mega offer has been set at Rs 10 and the cap at Rs 11 per equity share. This is at a discount of about 26% compared to recently approved preferential issue price to the promoter entity at Rs 14.87 and a discount of about 15% compared to last closing price.

Vi fundraising may offer short-term boosts, but long-term challenges stay on: Kotak

Kotak praised Vi's recent follow-on public offer as a positive albeit overdue move, likely improving network coverage and competitiveness. They anticipate reduced bank debt will facilitate additional funding from banks.

How Vodafone Idea plans to spend its Rs 18,000 cr FPO proceeds

The Vodafone Idea FPO will open for subscription on April 18 and close on April 22. The company has fixed a price band of Rs 10-11 per share for the FPO.

Vodafone Idea Rs 18,000-crore FPO opens April 18, floor price fixed at Rs 10

Moneycontrol reported on April 10 that Vodafone Idea was gearing up to launch an FPO to raise funds

Vodafone Idea to launch Rs 18,000-20,000-crore FPO next week

Moneycontrol reported on March 1 that Vodafone, which is looking to raise Rs 45,000 crore in equity and debt, has secured equity commitments exceeding Rs 8,200 crore from anchor investors. Bulk of the funds will be used for growth capex.

Govt says 1,100 new FPOs will be set up in cooperative sector

Since February 2021, the agriculture ministry is implementing a central sector scheme titled 'Formation and promotion of 10,000 Farmer Producer Organisations (FPOs) with a budgetary provision of Rs 6,865 crore.

Patanjali to bring another FPO for Patanjali Foods; to start process from April, says Baba Ramdev

Stock exchanges NSE and BSE have frozen the shares of promoters of Baba Ramdev-led Patanjali Group firm Patanjali Foods, which is a major edible oil player.

Adani's FPO pullout has not impacted India's image: FM Nirmala Sitharaman

The finance minister said there has been an accretion of USD 8 billion to the forex reserves in the last two days alone.

Forex kitty swells by $8 billion in 2 days: FM shrugs off Adani shock to financial system

From a macroeconomic point of view, the Adani crisis is a storm in a tea cup as the public financial system is robust, chipped in Finance Secretary TV Somanathan

'Interest of investors paramount...': Gautam Adani's message after FPO withdrawal

'For me, the interest of my investors is paramount and everything is secondary. Hence to insulate the investors from potential losses we have withdrawn the FPO', says Adani Group Chairman Gautam Adani after the withdrawal of the fully subscribed AEL FPO. Watch!

Adani now plans to enter water segment; FPO opens next Friday

The group is into the entire gamut of infrastructure — being its ports, airports, roads, expressways power generation & distribution, among others. In ports and airports, the group is the largest player in the private sector.

Adani Enterprises files papers for Rs 20,000-crore follow-on public offer

The company aims to raise Rs 20,000 crore through the FPO

FPOs in MP holding soyabean stock hoping govt lifts ban on futures & options trade

With a big push given for setting up of 10,000 FPOs by the central government, about 1,200-odd FPOs have emerged in Madhya Pradesh alone, the home state of Union Agriculture Minister Narendra Singh Tomar.

Gautam Adani’s flagship firm weighs FPO to raise as much as $2.4 billion

Billionaire Gautam Adani’s conglomerate is working with advisers on the follow-on issue and could sell the shares as soon as next year, the people said, asking not to be identified as the information is private. The sale could even raise as much as $2.4 billion, one of the people said.

Mitsu Chem Plast files draft papers with Sebi to mop up Rs 125 crore via FPO

Proceeds from the issue will be used to repay debt, fund the working capital requirements of the company and for general corporate purposes. The Maharashtra-based company posted a profit after tax of Rs 11.5 crore and a total income of Rs 259 crore for the fiscal ended March 31, 2022.