Indigo IPO - Your thoughts

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Hakish, Oct 19, 2015.

  1. Hakish

    Hakish New Member

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    One of the two aviation companies (other being Go Air) in the green when every one is in the Red.

    https://www.moneycontrol.com/news/i...l-lower-debt-post-listing-indigo_3673461.html
    https://www.moneycontrol.com/news/i...-price-band-may-raise-rs-3268-cr_3648421.html
    https://www.moneycontrol.com/news/i...-things-to-know-about-indigo-ipo_3666561.html

    Pros:
    -IndiGo today is India's number one carrier by market share (over 33 percent) and seventh largest low cost carrier globally.
    -Profitable business model
    -Around Rs 3,600 crore of cash in the books

    Cons:
    -Negative net worth
    -Promoter has an offer for sale on his stake
    -Highly leveraged sector

    Any takers in this forum??
     
    Last edited: Oct 19, 2015
  2. Sachin pathak

    Sachin pathak Active Member

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    I wouldnt put my money
     
  3. uppu.narayan

    uppu.narayan New Member

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    go for spice jet instead of indigo or jet. Spice jet will bring more value to your portfolio and hold till ajay singh is the owner. :) hope you understood by ajay singh... Happy investing!
     
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