The IPO comprises a fresh issue of Rs 750 crore and an offer for sale (OFS) aggregating up to 7.03 crore equity shares by the promoter and other selling shareholders.
No AGR relief, a higher proportion of telecom debt may get converted into equity: Balaji Subramanian
The Supreme Court has rejected the plea by telecom companies for re-computation of adjusted gross revenue (AGR), leaving no relief for major players like Vodafone