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GoAir files DRHP with SEBI for Rs 3,600 crore IPO

GoAir files DRHP with SEBI for Rs 3,600 crore IPO
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GoAir files DRHP for Rs 3,600-cr a day after rebranding itself

GoAir files DRHP for Rs 3,600-cr a day after rebranding itself GoAir GoAir, the low-cost airline has filed for the Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise up to Rs 3,600 crore. A DRHP or offer document is the preliminary registration document prepared by merchant bankers for prospective IPO-making companies in the case of book building issues. Wadia Group-owned GoAir files for Rs 3,600 cr IPO with SEBI The airline proposes an Initial Public Offer (IPO) of equity shares through the 100 percent book building process in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended. The Company will offer fresh equity shares aggregating up to Rs 3,600 crore, according to a press release.

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