IndiGo preps IPO for launch in the next quarter

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By TESTCustomwebLP TESTCustomwebLP March 18, 2015 22:05

IndiGo preps IPO for launch in the next quarter

IndiGo is preparing to launch an initial public offer (IPO) of at least $400 million or Rs 2,500 crore in April to June.

Current market conditions are reported to be favourable for an IPO and the listing is therefore expected very soon.

IndiGo has been preparing for its IPO since last year when it restructured its shareholding to become eligible for foreign direct investment (FDI).

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP March 18, 2015 22:05