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IndiGo's $464 mln IPO fully subscribed - exchange data

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Reuters MUMBAI

MUMBAI (Reuters) - InterGlobe Aviation Ltd, owner of Indian budget airline IndiGo, filled the orderbook for its up to 30.2 billion rupees ($464.33 million) initial public offering in the second day of bookbuilding, signalling strong demand from investors.

InterGlobe had received orders for 32.5 million shares as of 1 p.m. India time (0730 GMT), according to data from exchanges National Stock Exchange and BSE Ltd.

The owner of IndiGo is selling 30.1 million shares at between 700 rupees to 765 rupees each via the exchanges. It will close its orderbook on Thursday.

($1 = 64.9550 Indian rupees)

(Reporting by Karen Rebelo; Editing by Michael Perry)

 

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First Published: Oct 28 2015 | 1:39 PM IST

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