Business
SEBI seeks fresh clarifications on IndiGo IPO
Mumbai, Aug 3 : The Securities and Exchange Board of India (SEBI) has sought fresh clarifications from InterGlobe Aviation, owners of budget carrier IndiGo, on its proposed Rs.2,500 crore initial public offer (IPO).
The market regulator said in its latest weekly update that clarifications were awaited on the IPO from the lead manager as of July 31.
Citigroup, JPMorgan India, Morgan Stanley, Barclays, UBS Securities India and Kotak Mahindra Capital are the managers for the offer, under which the company plans to issue fresh shares worth Rs.1,272 crore.
The next update will be uploaded on the Sebi website on August 10.
The regulator had last received a communication from the merchant bankers on July 29. Indigo had filed its draft offer document with SEBI on June 30.
Sebi had earlier sought clarification on the IPO of InterGlobe Aviation.
4 hours ago
My mother's house smaller than your car! When PM Modi told former US president Obama
4 hours ago
Georgia Election Board Mandates Hand Count for November Ballots, Sparking Concerns Over Delays and Errors
4 hours ago
Biden set to host PM Modi in hometown Wilmington as Quad leaders intensify partnership
4 hours ago
India and US Must Collaborate to Counter China: Congressman Shri Thanedar Ahead of Quad Summit.
4 hours ago
In-Person Voting Kicks Off in Select US States, Six Weeks Before Election Day
5 hours ago
PM Modi Begins US Visit, Confirms Bilateral Talks with Biden and Participation in Key Events
5 hours ago
Harris Campaign Outspends Trump Nearly Threefold in August
5 hours ago
Secret Service Investigation Reveals Lapses in Security Prior to Trump Rally Shooting
6 hours ago
Vijay Varma shares exclusive moments with Kareena Kapoor Khan from ‘Jaane Jaan’ shoot
6 hours ago
Kiran Rao spills the beans on working with Aamir Khan: ‘ I'm always keen to work with him again’
6 hours ago
When Parineeti Chopra encountered ‘uff uff mirchi’ moment in Budapest
6 hours ago
Tina Datta reveals her obsessions: Clouds, sun & mom
6 hours ago
Tamannaah Bhatia sizzles in a playful hair video