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Go Airlines eyeing to raise Rs. 3,600 crore via IPO, files DRHP

Shortpedia

Content Team
Image Credit: Shortpedia

With an aim to raise Rs. 3,600 via its Initial Public Offering (IPO), low-budget air carrier Go Airlines has filed its draft red herring prospectus. ICICI Securities, Citigroup and Morgan Stanley have been tasked with managing the IPO. According to the vice president of the airline, the planned IPO may be out this summer. It will be the third Indian airline to list in stock exchanges after IndiGo and SpiceJet.