{"id":1042277,"date":"2026-10-10T09:12:25","date_gmt":"2026-10-10T03:42:25","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1042277"},"modified":"2026-10-10T09:23:00","modified_gmt":"2026-10-10T03:53:00","slug":"airtel-money-makes-london-debut-after-raising-703-million-in-biggest-ipo-of-the-year","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/10\/airtel-money-makes-london-debut-after-raising-703-million-in-biggest-ipo-of-the-year\/","title":{"rendered":"Airtel Money makes London debut after raising $703 million in biggest IPO of the year"},"content":{"rendered":"<p>Shares of Airtel Money opened flat before rising as much as 2% in their London debut on Friday, giving the city\u2019s subdued listings market a steady start from one of its biggest IPOs in years. The stock traded at \u00a32 in early dealings, above its IPO price of \u00a31.96, after a heavily oversubscribed offer that valued the Africa-focused mobile money business at about $7 billion. <\/p>\n<p>The IPO raised about $703 million through the sale of 270 million shares by existing shareholders. The offer was priced at \u00a31.96 per share, implying a market cap of \u00a35.3 billion, or about $7 billion. The company had earlier targeted a richer valuation, making the final pricing a little more conservative than initial expectations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Airtel Money opened flat before rising as much as 2% in their London debut on Friday, giving the city\u2019s subdued listings market a steady start from one of its biggest IPOs in years. The stock traded at \u00a32 in early dealings, above its IPO price of \u00a31.96, after a heavily oversubscribed offer that valued the Africa-focused mobile money business at about $7 billion. The IPO raised about $703 million through the sale of 270 million shares by existing shareholders. The offer was priced at \u00a31.96 per share, implying a market cap of \u00a35.3 billion, or about $7 billion. [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1042277","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1042277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1042277"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1042277\/revisions"}],"predecessor-version":[{"id":1042302,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1042277\/revisions\/1042302"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1042277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1042277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1042277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}