India's IndiGo is hoping to raise about INR30 billion in what has been described as the biggest initial public offering on the Bombay Stock Exchange in three years.
Only about 70 million of India’s 1.2 billion citizens fly domestically in a year, meaning market maturity is some time away.
IndiGo started flying in 2006 and now has nearly 40 per cent of its home market. It has the biggest market share of any local airline.
“We focus on getting customers from point A to B safely with their bags and to serve food that will not make them sick,” IndiGo president Aditya Ghosh told a pre-IPO press conference.
India's IndiGo is hoping to raise about INR30 billion in what has been described as the biggest initial public offering on the Bombay Stock Exchange in three years.
Only about 70 million of India’s 1.2 billion citizens fly domestically in a year, meaning market maturity is some time away.
IndiGo started flying in 2006 and now has nearly 40 per cent of its home market. It has the biggest market share of any local airline.
“We focus on getting customers from point A to B safely with their bags and to serve food that will not make them sick,” IndiGo president Aditya Ghosh told a pre-IPO press conference.
