New Delhi, Dec. 18 -- Vodafone Idea, India's third-largest telco by customers, has raised Rs.3,300 crore through secured non-convertible debentures, or NCDs - less than eight weeks after a fresh lease of life was thrown at the financially-stressed company by the Supreme Court. The NCDs are unlisted and unrated, the company said in a statement.

The telco is just coming out of a tough period after pending dues to the central government mounted to Rs.2 trillion and the company risked going into bankruptcy. The dues are under review after a late October Supreme Court order.

The fundraise was through Vodafone Idea Telecom Infrastructure Ltd, or VITIL, a subsidiary of Vodafone Idea.The proceeds from this issuance will be utilized by VITIL to ...