IndiGo to file prospectus for $400 mn IPO

IndiGo has appointed Citigroup, Kotak Investment Banking, Morgan Stanley and JP Morgan Chase as lead managers for the listing.

Jun 27, 2015 12:06 IST India Infoline News Service

Indigo-Airlines
IndiGo is planning to file a prospectus for a domestic stock market listing, says report.The airline is planning to raise as much as $400 mn.

A report says that IndiGo may get approval from India's market regulator in August, before hitting the market later in the year.

The timing of the market debut will depend on market conditions, says report.

IndiGo has appointed Citigroup, Kotak Investment Banking, Morgan Stanley and JP Morgan Chase as lead managers for the listing.

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