India: IndiGo to dilute promoters’ stake to comply with regulatory norms

India: IndiGo to dilute promoters’ stake to comply with regulatory norms

The Rs3,010 crore IndiGo IPO, which closed on 29 October, was subscribed 6.14 times, as financial institutions and high networth individuals sought to tap the world’s fastest growing aviation market through the issue. Photo: Mint

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