IndiGo finalises seven banks for Rs 2,000 crore IPO

Report stated that the company plans to sell 25% stake.

Jul 16, 2014 04:07 IST India Infoline News Service

IndiGo has finalised seven banks to raise up to $400 mn (Rs 2,404 crore) via its Initial Public Offerings, according to reports.

Report stated that the company plans to sell 25% stake.

The banks include Citigroup, Deutsche Bank, JPMorgan, UBS, Standard Chartered, Morgan Stanley and Kotak Mahindra, added report.

The company aims to list towards the end of the current financial year.

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