Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessIPOIndiGo to file prospectus for $400 m listing today

    IndiGo to file prospectus for $400 m listing today

    The initial public offering will include about USD 200 million of fresh equity infusion, the sources said, declining to be named because they were not authorised to speak to the media.

    June 30, 2015 / 12:23 IST

    India's biggest airline, IndiGo, is likely to file the prospectus for a stock market listing that will raise around USD 400 million later on Tuesday, two banking sources with knowledge of the matter said.

    The initial public offering will include about USD 200 million of fresh equity infusion, the sources said, declining to be named because they were not authorised to speak to the media.

    IndiGo, owned by hospitality and travel company InterGlobe Enterprises, is India's largest airline by market share.

    A spokesperson for the carrier was not immediately available for comment.

    first published: Jun 30, 2015 12:00 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347