Indigo plans to file DRHP with SEBI on June 30: Reports

India Infoline News Service | Mumbai | June 16, 2015 10:32 IST

The airline plans to raise up to US$400 mn (about Rs. 2,500 crore) through the IPO.

IndiGo is planning to file the DRHP with Sebi on June 30, according to reports.
The airline plans to raise up to US$400 mn (about Rs. 2,500 crore) through the IPO.
A report says that the Citigroup, Kotak, Morgan Stanley, JP Morgan Chase, UBS & Barclays - have been appointed as book runners for the IPO.
The listing process is expected to be completed by the fourth quarter of calendar year 2015, says report.
IndiGo is co-owned by former US Airways CEO Rakesh Gangwal (48 per cent stake) and Gurgaon-based entrepreneur Rahul Bhatia, who holds nearly 51%
 

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