BusinessUncover

Vodafone Idea FPO allotment set today; share price, GMP

Vodafone Idea FPO allotment set today; share price, GMP, steps to check status outlined

Date of Vodafone Idea FPO allotment: Today, Tuesday, April 23, is the final day to determine the status of the FPO share allocation. The Vodafone Idea FPO allotment status can currently be checked by investors who applied for the issue through the registrar portal, Link Intime India Private Ltd. Vodafone Idea FPO, the third-biggest telecom provider in the nation, began accepting new customers on Thursday, April 18, and ended on Monday, April 22. On the final day, the Vodafone Idea FPO subscription status was 6.36 times, with eligible institutional buyers subscribing 19.3 times their portion.

The price of Vodafone Idea shares is up 2.64% on Tuesday, trading at ₹13.23 a share on the BSE.

The basis of allotment can be used by investors to determine if and how many shares they have been assigned. It also displays the number of shares allotted in the IPO allocation status. The application refund process will begin for those candidates who did not receive shares. Their designated shares will be credited to their demat accounts.

For those who did not receive shares, the refund process will begin on Wednesday, April 24. On Wednesday, the allottees will receive their shares in their demat accounts.

The FPO listing date for Vodafone Idea is set for Thursday, April 25.

On the website of the IPO registrar, Link Intime India Private Ltd., you can check the status of your Vodafone Idea FPO allotment if you have applied for the program.

Ways to view the status of your Vodafone Idea FPO allotment on the Registrar website

Step 1

Visit the website of the FPO registrar, Link Intime India Private Ltd. – Public concerns (https://linkintime.co.in/initial_offer/).

Step 2

Choose the FPO from the Dropbox; the name of the allocation will only be added when it is completed.

Step 3

Choose the Application No., Demat Account, or PAN to view the status.

Step 4

Choose the application type and whether to use ASBA or non-ASBA.

Step 5

Add the information pertaining to the method you chose in Step 2.

Step 6

Once the captcha has been completed, click submit.

How to use BSE to verify the Vodafone Idea FPO allotment status

Step 1

Check the Vodafone Idea FPO allotment status online by visiting the allotment page on the official BSE website at https://www.bseindia.com/investors/appli_check.aspx.

Step 2

Choose ‘Equity’ under ‘Issue Type’.

Step 3

Select the FPO using the ‘Issue Name’ drop-down menu.

Step 4

Put in your application number or PAN.

Step 5

Press ‘I am not a Robot’ to verify your identity, and then press ‘Submit’.

How to use the NSE to verify the Vodafone Idea FPO allotment status

Step 1

Visit the official NSE website at https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp to check the Vodafone Idea FPO allotment status online.

Step 2

 Registering with PAN requires choosing the ‘Click here to sign up’ option on the NSE website.

Step 3

 Type the captcha code, password, and user name.

Step 4

On the newly opened page, verify the status of your FPO allotment.

Today’s Vodafone Idea FPO GMP

₹1.20 is the Vodafone Idea FPO GMP, or grey market premium. Investorgain.com predicts that the newly issued shares under the FPO would probably be listed at ₹12.2, which would be a gain of 10.91% over the upper limit of the price band.

The IPO GMP is pointing higher and expects a strong listing today, based on grey market activity over the last 12 sessions. According to analyst estimates at investorgain.com, the maximum GMP is ₹1, while the lowest GMP is ₹0.

Investors that are willing to pay more than the issue price are indicated by the “grey market premium.”

(Disclaimer: The opinions and suggestions expressed above are not affiliated with Businessuncover; rather, they represent the opinions of certain analysts, specialists, and broking firms. Whenever making an investment, we urge investors to consult with licensed professionals.)

Also Read | Vodafone Idea’s FPO oversubscribed by five times on closing day; essential details to grasp.

Blog Tags:, , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *