IndiGo raises $128m ahead of IPO; Singapore's GIC, Goldman Sachs, BlackRock, Fidelity among anchor investors

IndiGo raises $128m ahead of IPO; Singapore's GIC, Goldman Sachs, BlackRock, Fidelity among anchor investors

Indigo posted a record profit last year and is expected to post $250 million in profit this financial year too

InterGlobe Aviation Ltd, owner of India’s most profitable airline IndiGo, on Monday received demand for around eight times the shares it offered to so-called anchor investors, including domestic and foreign institutions, a day before the start of a keenly watched initial public offering (IPO).

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