Vodafone Idea’s FPO share price opened at Rs 11.80 per share, marking a 7.27% increase on the NSE compared to the issue price of Rs 11. On the BSE, Vodafone Idea’s FPO share price opened at Rs 12 apiece today, reflecting a 9% increase from the issue price.

The subscription stared on Thursday, April 18, and concluded on Monday, April 22, Vodafone Idea, the third-largest telecom provider in the country, witnessed significant investor interest. The final offering price for each share was set at Rs 11, which falls at the upper end of the price band of Rs 10-11.

Vodafone Idea’s FPO garnered Rs 18,000 crore, making it India’s largest-ever FPO. The issue was oversubscribed nearly seven times, with institutional investors injecting substantial fun…