Voda Idea FPO shares list much above offer price

Mumbai: Shares offered in the Vodafone Idea follow on public offer (FPO) listed at ₹11.8 apiece on the NSE on Thursday, about 7.3% above the FPO price of ₹11. The shares were listed at ₹12 on BSE and closed at ₹13.8, after a gain of 5.3%. Thursday was also the day when the highest ever quantity of Vodafone Idea shares were traded. After the offer, the company’s market capitalisation was at ₹91,747.17 crore on Thursday.