Indigo IPO - Your thoughts

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??

 

I wouldnt put my money

 

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!