
✓
Open
27 Oct 2015
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Close
29 Oct 2015
3
Allotment
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Listing
Tue, Nov 10, 2015
Price Band
₹700 to ₹765
Issue Size
3,94,64,562 shares (agg. up to ₹3,017 Cr)
Lot Size
15 Shares
Listing Date
Tue, Nov 10, 2015
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.94x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Retirement of certain outstanding lease liabilities and consequent acquisition of aircraf | 1,165.66 |
| 2 | Purchase of ground support equipment for our airline operations | 34.26 |
| 3 | General corporate purposes | 7.28 |
About InterGlobe Aviation IPO
Incorporated in 2006, Interglobe Aviation Ltd is India based aviation, hospitality and travel related service provider. Company own and operate 'IndiGo', India's largest airline with over 33% of domestic passenger market share.IndiGo Airline, the low-cost airline carries the brand message of providing "low fares, on-time flights and a hassle-free experience" to air travelers in India.IndiGo has scheduled services to 33 cities within India and 5 cities (Bangkok, Dubai, Kathmandu, Muscat and Singapore) internationally with 623 daily flights.Company also has a joint venture with Accor Asia Pacific since 2004 to develop a network of 'ibis' hotels throughout India, Nepal, Sri Lanka and Bangladesh. With 10 ibis hotels open and 9 under development, the company shall have a portfolio of 19 operational hotels with room inventory of about 3500 rooms by 2017.Company's Strengths1. Largest market share in one of the largest and fastest growing aviation markets in the world2. Maintain disciplined execution of the low-cost carrier business model with single aircraft type, high aircraft utilization, high operational reliability, no-frills product and low distribution costs.3. A structural cost adv
Contact Details
InterGlobe Aviation Ltd. AddressCentral Wing, Ground FloorThapar House, 124 JanpathNew Delhi, New Delhi, 110001+91 11 6500 0428investors@goindigo.inVisit Website