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InterGlobe Aviation approves QIP issue price as Rs 1130 per share

19 Sep 2017 Evaluate

InterGlobe Aviation has determined and approved the issue price of Rs 1,130 per Equity Share for the Equity Shares to be allotted to eligible qualified institutional buyers in the Issue. The company’s board gave approval for the same at its meeting held on September 18, 2017.

InterGlobe Aviation (IndiGo) provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.

Peers
Company Name CMP
Interglobe Aviation 5460.00
SpiceJet 7.54
TAAL Tech 911.10
Taneja Aerospace 306.50
Global Vectra Helico 126.05
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