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.

Related Story

Blogs & Personal Finance