 "IndiGo sets IPO price at Rs 765")
InterGlobe Aviation, owner of Indian budget airline IndiGo, raised Rs 3,010 crore ($458.91 million) in an initial public offering (IPO) after setting the pricing at Rs 765 per share, according to a prospectus on Monday. That was at the upper end of a price range of Rs 700 to Rs 765 per share.
The book-building closed last week, having attracted orders worth six times the number of available shares. InterGlobe's IPO is India's biggest since the listing of around $750 million by Bharti Infratel in December 2012. It will make its market debut later this month.
The book-building closed last week, having attracted orders worth six times the number of available shares. InterGlobe's IPO is India's biggest since the listing of around $750 million by Bharti Infratel in December 2012. It will make its market debut later this month.