Current Price: ₹6.91 | Down 3.22% | Another Fundraise Incoming
🧨 At a Glance
- Vodafone Idea (Vi) wants to raise ₹20,000 Cr
- Again. Yes, again.
- Via FPO, QIP, warrants, bonds, ADRs, GDRs — basically anything with alphabets and money
- Board meeting approved the fundraising plan on 30 May 2025
- Stock dropped 3.22% to ₹6.91 in response
Investors: “Vi needs funds.”
Vi: “Tumhare paas kuch cash hai, bhai?”
🧾 The Latest Fundraising Plan (30 May Board Meeting)
- Amount: ₹20,000 Cr
- Mode:
- Further Public Offer (FPO)
- Qualified Institutions Placement (QIP)
- Private Placement
- Foreign bonds, FCCBs, NCDs with warrants
- Maybe even pan-flavored lottery tickets next 🍃
- EGM Scheduled: 27 June 2025
- Purpose: Approve fundraising and amend Articles of Association
Yes, they’re tweaking even the company constitution to make sure this round goes through.
💸 How Much Have They Raised Already?
| Year | Amount Raised | Mode |
|---|---|---|
| 2021 | ₹25,000 Cr | Rights Issue |
| 2024 | ₹18,000 Cr | FPO + Adani Group Participation |
| 2025 | ₹20,000 Cr (Planned) | TBD |
Total: ₹63,000 Cr+ raised (or trying to) since 2021.
Still bleeding losses. Still asking for more.
📉 Stock Performance
| Metric | Value |
|---|---|
| CMP | ₹6.91 |
| 52W High | ₹18.30 |
| 52W Low | ₹6.10 |
| Market Cap | ₹33,500 Cr approx |
The stock chart looks like the ECG of someone hearing “we’re doing another FPO.”
📡 Why the Desperation?
- ₹2.1 Lakh Cr in total liabilities
- Pending AGR dues + spectrum fees
- Capex needed to roll out 5G + stabilize 4G
- Subscriber losses continue
- No premium pricing power
- Still lowest ARPU (~₹145) compared to Jio/Bharti
Vodafone Idea needs a cash transfusion more often than a daily soap character in a hospital bed.
🧠 EduInvesting Take
“If fundraise was an Olympic sport, Vodafone Idea would win gold… sponsored by debt.”
✅ At least they’re not hiding — openly asking for money
✅ Multiple options gives flexibility
✅ Still has government and Aditya Birla Group backing
BUT:
❌ Retail dilution likely
❌ Still deep in debt
❌ Operational turnaround not visible
❌ Each raise just buys them more time, not profitability
📉 Market’s Reaction
Investors heard “₹20,000 Cr fundraise” and went:
“Abey yeh stock dilute hoke 4 rupee ho jaayega kya?”
Hence, the 3.22% drop today.
And don’t be surprised if there’s more weakness till EGM on 27 June 2025.
📆 What Next?
- Wait for Capital Raising Committee to finalize structure
- Watch out for shareholder reaction at EGM
- Expect some media drama, Twitter finance bros preaching “contrarian buy”
- And WhatsApp forwards declaring it “India’s next turnaround story” 🙄
🧯 Final Word
Vi doesn’t need investors. It needs a miracle.
But until that happens — it’ll keep knocking on Dalal Street’s door.
“Naye investor mile toh theek… warna aur ek rights issue laayenge.”
Stay sharp. Stay cautious. And as always…
Bachke rehna re baba.
Tags: Vodafone Idea, Vi Fundraising, ₹20000 Cr FPO, QIP Alert, PSU Revival, Telecom Stocks, EduInvesting, Debt Trap India, Vi Shareholder Meeting, Vi Stock Dilution
