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VODAFONE IDEA

As a leading player in India’s telecommunications landscape, the company offers a comprehensive suite of services spanning voice, data, enterprise solutions, and a rich assortment of Value-Added Services (VAS) like Short Messaging Services, Digital Offerings, and IoT solutions. By the end of December 31, 2023, it proudly served an expansive subscriber base exceeding 223.0 million, commanding a substantial market share of 19.3%. Its network efficiently facilitated the transmission of a staggering 401 billion voice minutes and 6,004 billion megabytes of data.

As of December 31, 2023, the Vodafone group caters to over 300 million customers spread across 17 countries, providing a diverse range of mobile and fixed services. Moreover, it nurtures partnerships with mobile networks in an additional 45 nations. Of particular note is the Vodafone group’s operation of one of the globe’s most extensive Internet of Things (IoT) platforms.

The company boasts around 183,400 distinct tower locations and over 438,900 broadband (3G and 4G) sites as of December 31, 2023. Notably, all 4G sites are outfitted to offer voice-over-LTE (VoLTE) services. Its population coverage extends to over 1.2 billion individuals, while its Optical Fiber Cable (OFC) network spans a distance exceeding 298,000 kilometers, comprising both proprietary infrastructure and Indefeasible Rights of Use (IRU) agreements (excluding duplications).

The mobile network extends its reach to numerous communities across more than 487,000 towns and villages in India, providing broadband services in over 342,200 towns and villages, as of December 31, 2023

Vodafone Idea IPO Details

Signature Global IPO Details
Vodafone Idea FPO Dates
18 – 22 April 2024
Vodafone Idea Issue Price
INR 10 – 11 per share
Fresh issue
16,363,636,363 shares (INR 18,000 crore)
Offer For Sale
NIL
Total IPO Size
16,363,636,363 shares (INR 18,000 crore)
Minimum bid (size)
1,298 shares (INR 14,278)
Face Value
INR 10 per share
Retail Allocation
35%
Listing On
BSE, NSE

Vodafone Idea Financial Performance

Signature Global Financial Performance

FY21

FY22

FY23

9M FY 2024

Revenue

41,952.2

38,515.5

42,177.2

32,044.9

Expenses

25,006.5

22,479.4

25,360.2

19,0.38.6

Net income

(44,233.1)

(28,245.4)

(29,301.1)

(23,563.8)

Margin (%)

(105.44)

(73.34)

(69.47)

(73.53)

Figures in INR Crore unless specified otherwise

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