IndiGo finalises seven banks to raise over Rs 2,000 cr via IPO: Media Report
16/07/2014 19:55
IndiGo, an Indian airline company headquartered at Gurgaon, has finalized seven banks to raise up Rs 2404 crore through its intial public offerings, reported Baiju Kalesh & Anirban Chowdhury of ET. The company aims to sell 25 per cent stake while being valued at Rs 9,600 crore to Rs 12,000 crore, the media report added. As per the ET Bureau, the banks include Citigroup, Deutsche Bank, JPMorgan, UBS, Standard Chartered, Morgan Stanley and Kotak Mahindra. The company aims to list towards the end of the current financial year.
