When asked about whether he is a relieved man today with

When asked about whether he is a relieved man today with
the stock not doing an encore of what the Cafe Coffee Day stock (which tanked 18 per cent on the listing day), given the negative sentiment across the markets, he said, "for the past few months, we hardly slept for 3-4 hours.
"We were asked those questions by regulators, analysts and i-bankers, which we thought never existed. But this huge success to our IPO and listing also increases the pressure and responsibility on us as we have to now get back to the public every three month with all the facts," Ghosh, who has been with the airline from day one, said.

However, he was quick to add that "IndiGo has a battle- ready management and will overcome every challenge as in the past and will deliver much than what we have been delivering so far."
He also described the IPO process was the toughest point in his days at the airline.
Today, Indigo has 98 planes in service and has 430 more in order, which makes it the largest for any airline in the world. At the peak of the global crisis, it had ordered 180 Airbus planes which was followed up with another order of 250 Airbus planes in August last year.

Out of the 98 planes in operation, as many as 75 are on operating lease, a business model which has helped it lower costs.

The airline counter opened at 17 per cent premium on the issue price of Rs 765 today on the NSE, and touched a high of Rs 898, a sharp gain of 17.38 per cent, taking its market valuation to over Rs 31,702.4 crore.
The company's IPO, the biggest in nearly three years and the first from the sector since 2005, had elicited robust response as the issue got over-subscribed 6.15 times last month.
This was the biggest IPO in the market since Bharti Infratel's over Rs 4,000-crore public offer in December 2012.

InterGlobe has raised Rs 3,008.5 crore at issue price of Rs 765 per share from its recently concluded, over-subscribed initial public offer.
Qualified institutional buyers lapped up the issue 17.80 times, while the portion for non-institutional investors saw 3.57 times subscription. The category set aside for retail investors was subscribed 92 per cent.