Go First plans IPO of up to Rs 3,600 cr by July after deferring for months

The airline plans to increase daily flights, add 10 new aircraft by March 2023

Wadia group owned Go First plans to hit the public markets by the end of June or early July.

The airline which had got approval from market regulator Sebi for its IPO last year had held back its IPO first due to the emergence of Omicron and then to avoid a clash with the mega IPO of Life Insurance Corporation (LIC).

Sources said that the management of Go First is preparing to restart the road shows and investor presentation. “Given the feedback from bankers, we are ready for an IPO,” a person aware of the airline’s plans said, adding that