Vodafone Idea FPO opens today: Is investing in this Rs 18,000 crore offering worth it? Here’s what analysts suggest

Vodafone Idea FPO: Vodafone Idea has opened its Follow-on Public Offering (FPO) today with an opportunity for investors to subscribe to a Rs 18,000-crore offer. Analysts suggest that despite the company’s debt burden, the fresh infusion of capital could enhance its prospects. Here’s what you need to consider before deciding whether to apply for this offer.

Vodafone Idea FPO: What’s on offer?

According to ET, the FPO, opening on April 18 and closing on April 22, is priced between Rs 10-11 per share, presenting a discount of 17-29% from the Tuesday closing price of Rs 12.9.