MARKET STATS

Wednesday, 21 October 2015

Indigo IPO: The price band will be of Rs 700- 765

Inter Globe Aviation IPO of the company that runs the Indigo Airlines is opening on October 27. The IPO price band at Rs 765 to 700 are possible. 1172.2 crore from the IPO, the company will issue new shares and the issue of 2.61 crore shares is going to be. Indigo IPO expensive than other listed aviation companies are being told. Jet Airways and SpiceJet in hopes of re-rating has gone up 10 percent.

Indigo have 24,232-27,466 crore rs of capital if we see the Inter Globe Aviation market cap. Meanwhile SpiceJet and Jet Airways has a market cap of Rs 2592.62 crore to Rs 4355.89 crore capital.

In terms of number of jets jet airways have 10 Jet, Indigo and SpiceJet have 94 to 34 aircraft. Jet Airways market share of 19.8 per cent, 35.3 per cent market share of Indigo, SpiceJet's market share is 12.3 per cent and 32.6 per cent market share of others.


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1 comment:

  1. aditi8 June 2016 at 01:43

    IPO (Initial Public Offering) is a means of raising funds by companies. It is the first time when company opens public for funds. FPO( Further Public Offering) is also issued if required. Traders should invest in ipo's and other tradable products using accurate stock tips. It will help them to earn good profit.

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