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

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

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