Vodafone will not launch its Indian unit IPO till FY17
British telecom operator Vodafone will not launch the highly anticipated Initial Public Offering (IPO) of its Indian unit before the end of current fiscal, the company said on Tuesday. Vodafone added that it will proceed with the IPO as soon as market condition is favourable. Analysts expect the IPO to raise between ₹13,300 crore and ₹20,000 crore.