IndiGo valued at Rs.25,200cr! plans to raise $400mn through IPO

India Infoline News Service | Mumbai | June 24, 2015 08:51 IST

IndiGo is preparing to file documents for an initial public offering within the next 60 days, says a report.

IndiGo is preparing to file documents for an initial public offering within the next 60 days, says report.
The company is planning to raise $400 million by selling a 10% stake via IPO.
Media report says that this would give the airline a valuation of Rs. 25,200 crore. 
IndiGo's IPO may be pushed to next year, according to reports.
 

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