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Indigo Airlines plans to file documents for $400mn IPO: Reports

The airline will file its draft prospectus by the end of May, says report.

March 27, 2015 2:41 IST | India Infoline News Service
Indigo-Airlines
IndiGo, is planning to file documents for IPO to raise $300 to $400 mn, according to reports.
A report said that the company has hired Citigroup, Kotak Investment Bank, Morgan Stanley and J.P. Morgan as lead managers for the listing, 
The airline has remained profitable in the last two years.
The airline will file its draft prospectus by the end of May, says report.

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