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Friday, April 11, 2014

Vodafone news about buyout remaining 11% Stake in Indian Arm for 10000 Crore

Piramal Enterprises Ltd agreed to sell all 11% stake in Vodafone to Prime Metals limited an Indirect subsidy of Vodafone plc for Rs. 8900 crore.


They will sell all its shares 45,425,328 to Vodafone Plc. This means Value to Vodafone India Limited is at Rs. 1960/ Share.


Vodafone also bought 4.5% Stake from Analjit Singh for 1241 Crore.
This means they had bought out Vodafone has 100% stake in Indian arm.

Vodafone has earlier 74% directly and 84.5% stake indirectly in Vodafone Indian Arm. But They had bought 100% Stake after Indian Government approved 100% FDI.

Vodafone India current Valuation Stands at Rs. 81,000 Crore.
Piramal Enterprises sold its entire stake for Rs 1,960 per share.
This Means that they had made a gain of Rs 3,000 crore i.e. about 52% return in just two years.

Piramal enterprises had bought the Vodafone stake in August 2011 and February 2012 at a total of Rs 5,864 crore i.e. at Rs 1,290 per share.

Singh Sold their stake to increase stake in Max India.
That Means Vodafone paid 10,000 Crore to buyout 11% remaining stake.
The company, which entered India in 2007 by buying Hutchison Whampoa Ltd’s local cellular assets in an $11 billion transaction, will now have complete ownership of its Indian arm Vodafone India Ltd.
This mans Vodafone has given 19% Annualized returns on their investment.



Vodafone news about buyout remaining 11% Stake in Indian Arm for 10000 Crore

Piramal Enterprises Ltd agreed to sell all 11% stake in Vodafone to Prime Metals limited an Indirect subsidy of Vodafone plc for Rs. 8900 crore.


They will sell all its shares 45,425,328 to Vodafone Plc. This means Value to Vodafone India Limited is at Rs. 1960/ Share.


Vodafone also bought 4.5% Stake from Analjit Singh for 1241 Crore.
This means they had bought out Vodafone has 100% stake in Indian arm.

Vodafone has earlier 74% directly and 84.5% stake indirectly in Vodafone Indian Arm. But They had bought 100% Stake after Indian Government approved 100% FDI.

Vodafone India current Valuation Stands at Rs. 81,000 Crore.
Piramal Enterprises sold its entire stake for Rs 1,960 per share.
This Means that they had made a gain of Rs 3,000 crore i.e. about 52% return in just two years.

Piramal enterprises had bought the Vodafone stake in August 2011 and February 2012 at a total of Rs 5,864 crore i.e. at Rs 1,290 per share.

Singh Sold their stake to increase stake in Max India.
That Means Vodafone paid 10,000 Crore to buyout 11% remaining stake.
The company, which entered India in 2007 by buying Hutchison Whampoa Ltd’s local cellular assets in an $11 billion transaction, will now have complete ownership of its Indian arm Vodafone India Ltd.
This mans Vodafone has given 19% Annualized returns on their investment.