India: Budget carrier IndiGo set to launch $492m IPO on 27 October

India: Budget carrier IndiGo set to launch $492m IPO on 27 October

Indigo posted a record profit last year and is expected to post $250 million in profit this financial year too

InterGlobe Aviation Ltd that owns India’s biggest and most profitable airline IndiGo will launch its $492 million (about Rs.3,200-crore) initial public offer (IPO) on 27 October, top management of the airline said in an interaction with Mint on Monday morning.

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