India's GoAir plans IPO early next fiscal; likely to file preliminary papers in April

India's GoAir plans IPO early next fiscal; likely to file preliminary papers in April

Photo: Ramesh Pathania/Mint

No-frills airlineGoAir plans to come out with a 2,500 crore-initial share sale early next fiscal, according to sources, news agency PTI reported.

GoAir has been working on expansion plans and an Initial Public Offer (IPO) will help in raising funds. GoAir flies to 39 destinations, including 10 international ones.

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