Vodafone India Ltd, the Indian unit of Vodafone Group Plc., is planning to file its draft initial public offering (IPO) documents by September, as per a news report published in Live Mint.
The report says that the company is eying raising up the capital to the tine of Rs.15,000-18,000 crores, and aims to complete the listing before 31 March 2017.
The country’s second largest telco has 194 million customers in India, according to its website. Vodafone India reported revenue of Rs.42,352 crore in 2014-15, an increase of 12.6% from the previous year.