IndiGo's Parent Company Interglobe Enterprises Plans to Sell Stake: What You Need to Know

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IndiGo block deal: Interglobe Enterprises owned 35.71 percent stake in InterGlobe Aviation, the parent company of IndiGo, as of March 2025.

IndiGo's parent company, Interglobe Enterprises, is considering selling up to 4 percent stake in the airline to raise nearly $1 billion (Rs 8,600 crore) through block deals, as reported by CNBC-TV18 on June 13. This move follows significant stake sales by IndiGo co-founder Rakesh Gangwal.

Rahul Bhatia, the co-promoter and managing director of InterGlobe Enterprises, is expected to be the seller in this block deal, marking the second stake sale by Bhatia in just over a year. The news report has not been independently verified by Moneycontrol.

As of March 2025, promoters and promoter groups collectively held a 49.27 percent stake in InterGlobe Aviation, the parent company of IndiGo. Interglobe Enterprises owned 35.71 percent of the company, while Rakesh Gangwal and related entities held 13.53 percent.

Rahul Bhatia personally held a 0.1 percent equity stake in the company at the end of the financial year 2025, according to data available on BSE's shareholding pattern for IndiGo.

Recently, IndiGo co-founder Rakesh Gangwal and related entities sold a 5.8 percent stake in the aviation major on May 27. Gangwal has been gradually reducing his stake in the company since announcing his exit plan in 2022.

IndiGo shares fell over 4 percent on June 13, trading at Rs 5,224 apiece. The stock decline was in line with its aviation peer SpiceJet, following the Air India plane crash in Ahmedabad and the spike in crude oil prices. Despite this recent drop, IndiGo shares have seen a 14 percent increase in 2025 so far.

In the fourth quarter of the financial year 2025, IndiGo's net profit surged 62 percent year-on-year to Rs 3,068 crore. The company's revenue from operations also grew by 24 percent to Rs 22,151.9 crore from Rs 17,825.3 crore in the previous fiscal year. IndiGo's EBITDAR increased to Rs 6,948.2 crore from Rs 4,412.3 crore a year ago, with its margin rising to 31.4 percent from 24.8 percent.



Source: Moneycontrol
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