NewsAirtel Money sets IPO offer price at £1.96 a share
In an October 1 filing with the UK regulator, Airtel Money set its initial public offering price at £1.96 per share, implying an estimated market capitalisation of about £5.3 billion.
Event / data period: 2026-10-01
Published: · Updated:
IllustrationAfter its earlier intention-to-float announcement, Airtel Money fixed the offer price at £1.96 a share on October 1. The company said the price implied an estimated market capitalisation of about £5.3 billion (approximately US$7 billion).
Existing shareholders plan to sell 270 million shares, with an option for up to 27 million additional shares. The IFC committed to invest up to £67.2 million (about US$90 million). The stated valuation and free-float estimates depend on the offer assumptions; admission was expected on October 14.
Data
IPO offer terms
Values stated in the offer announcement filed with the UK regulator.
- Offer price per share
- 1.96 GBP
- 2026-10-01 · Target
- Implied estimated market capitalisation at offer price
- ≈5.3 billion GBP
- 2026-10-01 · Estimate
Methodology
The share price is an offer term; market capitalisation is the issuer’s estimate, not a completed transaction value.
Updated:
Subjects and places
Subject proposals
- business enterpriseSuggested
- Preserved editorial category/topic; broad candidate onlydata.fca.org.uk ↗