InterGlobe Aviation Limited files Draft Red Herring Prospectus with SEBI

June 30^th, 2015: InterGlobe Aviation Limited (the “Company”) which operates IndiGo, India’s largest passenger airline has filed a draft red herring prospectus (“DRHP”) with the Securities Exchange Board of India (“SEBI”)   in relation to a proposed initial public offering of the Company’s equity shares (“Equity Shares”), subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations (“IPO” or the “Issue”).

The Issue will consist of a fresh issue aggregating up to INR 12,722 million and an offer for sale of up to 30,146,000 equity shares by certain selling shareholders of the Company.

The Equity Shares offered through the Issue are proposed to be listed on the BSE Limited and the National Stock Exchange of India Limited.  

The GCBRLMs to the Issue are Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited and Morgan Stanley India Company Private Limited. The BRLMs to the Issue are Barclays Bank PLC, Kotak Mahindra Capital Company Limited and UBS Securities India Private Limited.

Disclaimer:

InterGlobe Aviation Limited is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares (“Equity Shares”) and has filed a Draft Red Herring Prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is / will be made available on the website of the SEBI and the websites of the Book Running Lead Managers. Potential investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, refer to the Red Herring Prospectus which may be filed with the Registrar of Companies in future, including the section titled “Risk Factors”. Potential investors should not rely on the DRHP filed with the SEBI in making any investment decision.

This document is not an offer of securities for sale in the United States or elsewhere. This document has been prepared for publication in India and is not for publication or distribution, directly or indirectly, in or into the United States. The Equity Shares have not been and will not be registered under the U.S Securities Act of 1933, as amended (the "U.S Securities Act") and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S Securities Act and applicable state securities laws. There will not and is not currently intended to be any public offering of securities in the United States. Accordingly, the Equity Shares are only being offered and sold (i) in the United States only to “qualified institutional buyers” (as defined in Rule 144A under the U.S. Securities Act) in transactions exempt from the registration requirements of the U.S. Securities Act and (ii) outside the United States in compliance with Regulation S under the U.S Securities Act and the applicable laws of the jurisdiction where these offer and sales occur.