LIC AAO Model Paper 9

Question : 62 of 160

Marks: +1, -0

Indigo’s parent company has tied for

\$

400 mn IPO. Name Indigo’s parent company.

Wada Group
Talwinds Ltd.
Air Asia Aviation
National Aviation Company of India Limited
Inter Globe Enterprises

Validate

Solution:

InterGlobe Aviation Enterprises is the owner of India’s biggest airline, budget carrier IndiGo. In July 2015. it! sought to raise more than!

\$

400 million in an IPO to fund expansion into one of the world’s fastest growing and most competitive domestic air travel market. This IPO was the biggest in India since Bharti Infratel Ltd listed in December 2012.

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