{"id":415103,"date":"2021-05-15T10:29:22","date_gmt":"2021-05-15T04:59:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=415103"},"modified":"2021-05-15T12:07:25","modified_gmt":"2021-05-15T06:37:25","slug":"go-airlines-india-files-drhp-to-raise-%e2%82%b93600-cr-via-ipo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/go-airlines-india-files-drhp-to-raise-%e2%82%b93600-cr-via-ipo\/","title":{"rendered":"Go Airlines India files DRHP to raise \u20b93,600 cr via IPO"},"content":{"rendered":"<p>Go Airlines India Ltd has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (Sebi) to raise \u20b93,600 crore via an initial public offering (IPO).<\/p>\n<p>The company said it is in consultation with its lead managers to issue shares through a preferential issue or any other method to raise up to \u20b91,500 crore. <\/p>\n<p>ICICI Securities, Citigroup Global Markets India and Morgan Stanley are the lead managers on the issue.<\/p>\n<p>Proceeds from the issue will be used to repay all, or a portion of, certain outstanding borrowings up to \u20b92,015.81 crore. \u20b9279.26 crore will be used for replacement of letters of credit which are issued to certain aircraft lessors towards securing lease rental payments and future maintenance of aircraft with cash deposit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Go Airlines India Ltd has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (Sebi) to raise \u20b93,600 crore via an initial public offering (IPO). The company said it is in consultation with its lead managers to issue shares through a preferential issue or any other method to raise up to \u20b91,500 crore. ICICI Securities, Citigroup Global Markets India and Morgan Stanley are the lead managers on the issue. Proceeds from the issue will be used to repay all, or a portion of, certain outstanding borrowings up to \u20b92,015.81 crore. \u20b9279.26 crore will be used [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-415103","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/415103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=415103"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/415103\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=415103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=415103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=415103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}