MUMBAI — India's biggest airline, IndiGo, is likely to file the prospectus for a stock market listing that will raise around $400 million later on Tuesday, two banking sources with knowledge of the matter said.
The initial public offering will include about $200 million of fresh equity infusion, the sources said, declining to be named because they were not authorised to speak to the media.
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IndiGo, owned by hospitality and travel company InterGlobe Enterprises, is India's largest airline by market share.
A spokesperson for the carrier was not immediately available for comment.
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