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.

This story is from the April 18, 2024 edition of Financial Express Mumbai.

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This story is from the April 18, 2024 edition of Financial Express Mumbai.

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