Indian budget airline GoAir said to revive IPO plan

Indian budget airline GoAir said to revive IPO plan

Photo: Ramesh Pathania/Mint

Wadia Group-controlled budget airline GoAir has revived plans for an initial public offering and is looking to hire advisors for the same, two people aware of the matter said.

“GoAir has recently invited investment banks and lawyers to pitch for the mandate for managing the initial public offering (IPO) of the company,” said one of the persons mentioned above, both of whom requested anonymity.

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