Vodafone Idea share price jumps Before Launch (India)

Vodafone Idea share price surges over 4% ahead of its FPO launch today!

– FPO subscription: April 18 (today) - April 22. – Price band: ₹10 - ₹11 per share. – Minimum bid: 1,298 shares.

FPO Details & Subscription Dates

– FPO aims to raise ₹18,000 crore. – Funds will be used for:Network expansion (4G & 5G) Spectrum payments General corporate purposes

FPO Proceeds & Use of Funds

– IIFL Securities recommends subscribing to the FPO. – Upgraded Vodafone Idea to "ADD" with a target price of ₹14. – FPO may help bridge the gap with competitors in 4G.

Analyst View: Subscribe to FPO & Potential Upside

– FPO aims to improve Vodafone Idea's network infrastructure. – Consider your investment goals before making a decision.

Vodafone Idea FPO: A Chance to Invest in Network Growth?