Vodafone Idea Limited (Vi) successfully achieved full subscription for its Rs 18,000 crore follow-on public offer (FPO) on the final day of bidding, marking the largest FPO ever subscribed in India. The offering garnered significant interest from institutional and retail investors, with the qualified institutional buyers (QIBs) portion oversubscribed 1.48 times and the non-institutional investors (NIIs) portion oversubscribed 2.04 times. Vi raised Rs 5,400 crore from anchor investors, including prominent names like GQG Partners and Fidelity Investments. The telecom operator plans to utilize the funds to improve its network infrastructure and accelerate the rollout of 5G technology in the country.