Vi FPO: Foreign players invest big; about ₹5,400 crore raised
Financial Express Mumbai|April 18, 2024
GQG, Fidelity buy almost 40% of the anchor investor portion

BELEAGUERED TELECOM OPERATOR Vodafone Idea (Vi) raised ₹5,400 crore from 74 marquee investors as part of its anchor allotment ahead of the ₹18,000 crore follow-on public offer (FPO) on Thursday, indicating strong interest from institutional investors for the secondary share sale.

Foreign investors, particularly GQG Partners and Fidelity, showed big interest in the issue.

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