However, the government will continue to hold on to its 33 percent stake in Vodafone Idea, despite opportunities of a windfall, according to a report in the Times of India. The company's stock has seen a surge in its share prices over the past few months, as it prepares to take the final call on raising funds on February 27. The government is the largest shareholder in Vodafone Idea Limited, with holdings of 33 percent, followed by Kumar Mangalam Birla's Aditya Birla Group and Vodafone Plc, UK. The government feels that the "time has yet not come to do full or partial divestment" of its stake, especially as the funds that the company will get are to be used for launch of 5G services and pare debt, the report added. Vodafone Idea settled 4 percent lower at Rs 16.85 on the National Stock Exchange on February 26. The shares of the telecommunication company gained 4 percent in the past five sessions, buoyed by the news of the fund raise plans.