Wadia group-owned GoAir plans to come out with a Rs 2,500 crore-initial share sale early next fiscal, according to sources.
The no-frills airline has been working on expansion plans and an Initial Public Offer (IPO) will help in raising funds.
In recent months, many companies have hit the capital market with their IPOs amid business activities slowly normalising after the pandemic blow.
The carrier, which started operations in 2005, has been contemplating about going public in the last couple of years. The airline, which has also been witnessing frequent churns in the top management, could not come out with the IPO on a few occasions earlier.
