Vodafone Idea Ltd
NSE: IDEA BSE: 532822
₹12.64
(2.39%)
Sun, 11 Oct 2026, 11:34 am
Market Cap (in Cr)140304.22
PE Ratio3.66
Dividend0
Communications
Wireless Telecommunications
24.5KCompany History
1995
- Incorporated as Birla Communications Limited
- Obtained CMTS licenses for providing services in the Gujarat and Maharashtra circles
1996
- Changed name to Birla AT&T Communications Limited
1997
- Commenced commercial operations in the Gujarat and Maharashtra service areas
2000
- Merger of Tata Cellular Limited with the Company, thereby acquiring original license for the Andhra Pradesh Circle
2001
- Acquired RPG Cellcom Limited and consequently the license for the Madhya Pradesh
- Changed name to Birla Tata AT&T Limited
- Obtained CMTS license for providing services in the Delhi circle
2002
- Changed name to Idea Cellular Limited and developed the 'Idea' brand name
- Commenced commercial operations in Delhi circle
2004
- Acquired Escotel Mobile Communications Limited
- First cellular operator in India to commercially launch EDGE services
2006
- Became part of the Aditya Birla group subsequent to the TATA group transferring its entire shareholding in the Company to the Aditya Birla group
- Acquired Escorts Telecommunications Limited
- Obtained UASL for the Mumbai and Bihar circles
2007
- Initial public offering by the Company
2008
- Obtained UASL for nine service areas
- Acquired Spice Communications Limited with licences for operating service areas of Punjab and Karnataka
- Preferential allotment of Equity Shares to TMI Mauritius Ltd., an affiliate of Axiata Group, aggregating to approximately ?72,945 million
2009
- Became a pan-India operator
2010
- Allotted 3G spectrum in 11 service areas in India
2011
- Launched 3G services in 20 service areas through combination of home network and roaming arrangements
2012
- Launched ISP services
2014
- Completed 'Qualified Institutions Placement' (QIP), aggregating to ? 30,000 million
- Preferential allotment of Equity Shares to Axiata Investments 2 (India) Limited, an affiliate of Axiata Group aggregating to ?7,500 million
2015
- Launched 4G services in 4 southern circles in December 2015
2016
- Expanded 4G services to 10 service areas
2018
- Preferential allotment to Promoters and Promoter Group aggregating to ?32,500 million
- Completed 'Qualified Institutions Placement' (QIP), aggregating to ?35,000 million
- Completed the merger of Vodafone India and VMSL with the Company
- Name of the Company was changed from 'Idea Cellular Limited' to 'Vodafone Idea Limited'
2019
- Completed a rights issue for an amount aggregating to ?249,998 million
- Demerger and transfer of fibre undertaking held by the Company to the Company's wholly owned subsidiary
- Orders from Supreme Court to the Company and other telecom companies to pay AGR dues
2020
- Sold 11.15% stake in Indus Towers Limited at a consideration of ?37,642 million, pursuant to merger of Indus Towers Limited with Bharti Infratel Limited
- Launch of new unified 'Vi' Brand
2021
- Acquired 23.6 MHz spectrum in 900 and 1800 MHz in certain service areas for aggregate value of ?19,934 million
- Announcement of Telecom Reforms Package by the Government of India for the telecom sector addressing the structural, procedural and liquidity issues, arising due to the AGR judgment
2022
- Preferential allotment to the Promoters and Promoter Group for an amount aggregating to ?45,000 million
- Acquired 6,237 MHz spectrum across 2,100 MHz, 2,500 MHz, 3,300 MHz and 26 GHz in the 5 Spectrum Auction for an aggregate value of ?187,836 million
- Preferential allotment of convertible warrants to the Promoter for an amount aggregating to ?4,362 million
2023
- Conversion of convertible warrants issued to the Promoter to equity shares for an amount aggregating to ?4,362 million
- Issuance of OCDs to ATC Telecom Infrastructure Private Limited for an amount aggregating to ?16,000 million
- Issued equity shares aggregating to ?161,332 million representing 33.1% of equity capital of the Company to Government of India pursuant to conversion of loan representing NPV of the interest related to deferment of spectrum auction instalments and AGR dues into equity shares
- Vodafone Idea expands footprint to rural Bengal
