IndiGo Q3 profit soars 24% to Rs 657 crore, highest in 10-year history
One of the profitable carriers in the country, IndiGo flew 8.33 million passengers in the 2015 December quarter compared to 6.53 million people flown in the year-ago period.
Jan 21, 2016, 20:45 PM IST
InterGlobe frames code for price sensitive info disclosure
IndiGo's parent InterGlobe Aviation, which debuted on the capital market earlier this month, has put in place a code to ensure fair disclosure of unpublished price sensitive information.
Nov 18, 2015, 22:41 PM IST
InterGlobe Aviation raises Rs 3,008 crore from IPO
The public issue closed on October 29 after three days of bidding in a price band of Rs 700-765. The company has now fixed the issue price at Rs 765 per share, the upper end of the price band.
Nov 02, 2015, 19:21 PM IST
InterGlobe Aviation IPO flies high, over-subscribed 6.15 times
The Rs 3,018-crore public offer of IndiGo's parent InterGlobe Aviation, the biggest IPO in nearly three years, elicited robust response as the issue got over- subscribed 6.15 times on the last day of bidding Thursday.
Oct 29, 2015, 21:13 PM IST
InterGlobe Aviation Rs 3,018-cr IPO over-subscribed 1.55 times
The IPO generated demand worth over Rs 4,000 crore, as it received bids for 4,67,45,535 shares against total issue size of 3,01,22,088 shares, taking the overall subscription to 1.55 times, data available with the NSE till 1700 hrs showed.
Oct 28, 2015, 19:50 PM IST
InterGlobe Aviation's Rs 3,018 cr IPO over-subscribed
The IPO received bids for 3,20,48,760 shares against the total issue size of 3,01,22,088 shares, data available with the NSE till 1300 hrs showed.
Oct 28, 2015, 15:19 PM IST
IndiGo IPO to 're-rate' domestic aviation sector: CAPA
IndiGo's IPO, valuing its parent company at over USD 4 billion, is a significant milestone for the domestic aviation sector that has been grappling with adverse conditions over the last many years, says a report.
Oct 27, 2015, 22:35 PM IST
InterGlobe Aviation IPO off to flying start; subscribed 87%
The Rs 3,018-crore initial public offer of IndiGo's parent InterGlobe Aviation, the biggest in nearly three years, started on a promising note as the issue was subscribed 87 percent on the first day itself.
Oct 27, 2015, 22:00 PM IST
InterGlobe Aviation raises Rs 832 crore from anchor investors
Ahead of its much-awaited IPO Tuesday, IndiGo's parent InterGlobe Aviation has raised Rs 832 crore from anchor investors by allotting shares at the upper price band of Rs 765 apiece.
Oct 27, 2015, 00:09 AM IST
IndiGo to induct ten A-320 Neos this fiscal
No-frills airline IndiGo will induct 10 fuel-efficient A-320 Neos this fiscal to its aircraft fleet and expects the company's low-cost structure to deliver improved profitability in the coming years.
Oct 22, 2015, 18:12 PM IST
IndiGo does not chase market share, says Aditya Ghosh
Profitable no-frills airline IndiGo Wednesday said it does not chase market share or load factor as priorities even as it continues to corner more than one-third of the total domestic air passenger traffic.
Oct 21, 2015, 21:49 PM IST
IndiGo's 20-day profit covers Rs 139 crore negative net worth
Ahead of the Rs 3,000-crore IPO, IndiGo's parent InterGlobe Aviation Wednesday said twenty days of profit could cover its negative net worth of Rs 139 crore at the end of the June quarter.
Oct 21, 2015, 18:25 PM IST
IndiGo lowers IPO size to Rs 3,000 cr; one promoter to sell less
Low-cost carrier IndiGo's operator InterGlobe Aviation Monday night lowered its IPO size by over Rs 200 crore to nearly Rs 3,000 crore with one promoter deciding to sell less number of shares in the public offer.
Oct 19, 2015, 23:20 PM IST
Aviation stocks on fire, surge as much as 10%
Shares of SpiceJet and Jet Airways hogged limelight Monday, surging as much as 10 percent, in-line with an positive broader market amid lower crude oil prices and low-cost airline IndiGo's parent InterGlobe Aviation fixing the price band for its initial share sale.
Oct 19, 2015, 22:46 PM IST
IndiGo to retire Rs 1,166 cr debt from IPO proceeds
Set to hit the capital markets with Rs 3,268 crore IPO next week, InterGlobe Aviation today said it will retire nearly one-third of its total debt of Rs 3,912 crore from the share-sale proceeds.
Oct 19, 2015, 19:38 PM IST
IPO-bound profitable IndiGo has negative net worth
No-frills carrier IndiGo's parent InterGlobe Aviation, which is gearing up for Rs 3,200-crore initial share sale, may be profitable, but its net worth has come down significantly in three months ended this June.
Oct 18, 2015, 18:00 PM IST
IndiGo fixes Rs 700-765 IPO price band; may raise Rs 3,268 crore
The parent of IndiGo airline InterGlobe Aviation is ready for its IPO for October 27, and has fixed the price band for its initial share sale at Rs 700-765. The company expects to mop up around Rs 3,268 crore.
IndiGo's Rs 2,500-crore IPO likely on October 26
The initial share sale is likely to start on October 26 and end on October 28, sources said.
Oct 14, 2015, 22:34 PM IST
Flying high: IndiGo get SEBI nod for Rs 2,500-crore IPO
Under the offer, the company plans to issue fresh shares worth Rs 1,272 crore. An equivalent amount can be raised through sale of up to 3.01 crore shares by its existing shareholders.
Sep 14, 2015, 23:01 PM IST
Competition Commission rejects complaint against IndiGo
The Competition Commission has rejected allegations that leading airline IndiGo abused its dominant position by imposing arbitrary and unfair conditions on passengers.
Jun 29, 2015, 21:40 PM IST
