Indigo plans to launch Rs 2,500 crore IPO: Reports

The airline has been preparing for the IPO since last year.

Mar 18, 2015 10:03 IST India Infoline News Service

Indigo Airlines
Indigo, is planning to launch an initial public offer (IPO) of at least $400 mn or Rs 2,500 crore in first quarter (April-June) of the next financial year (2015-16), according to reports.
A report said that the company is planning to fund its ambitious expansion plan as it has placed orders for 530 Airbus A 320s worth $48 bn 
The airline has been preparing for the IPO since last year.

Private airlines such as Jet Airways and SpiceJet, are listed, while Kingfisher has closed operation.

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