A report said that India's largest airline by domestic market share is planning to fund its ambitious expansion plan as it has placed orders for 530 Airbus A 320s worth USD 48 billion.
Low-cost carrier IndiGo is preparing for an initial public offering in April-June 2015 quarter to raise about Rs 2,500 crore.
A report said that India's largest airline by domestic market share is planning to fund its ambitious expansion plan as it has placed orders for 530 Airbus A 320s worth USD 48 billion.
The airline has been preparing for the IPO since last year.
IndiGo has consistently reported profits and is also expected to be profitable in the fiscal year ending March 2015.
Currently, there are only two listed airlines - Jet Airways and SpiceJet .
Vijay Mallya's Kingfisher, which shut operations in October 2012, is also listed on the BSE. However, trading in the Kingfisher stock has been
Jet Airways stock price
On March 18, 2015, Jet Airways closed at Rs 497.20, up Rs 18.30, or 3.82 percent. The 52-week high of the share was Rs 543.50 and the 52-week low was Rs 203.50.
The latest book value of the company is Rs -196.11 per share. At current value, the price-to-book value of the company was -2.54.
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