Interglobe Aviation Ltd is a major player in India’s airline industry. Founded in 2004, the company’s market capitalisation was Rs 69,106 crore on November 16, 2022.
Interglobe Aviation Ltd was first incorporated as Interglobe Aviation Pvt. Ltd. as a private limited company in Lucknow, Uttar Pradesh, on January 13, 2004. It became a public company with the name Interglobe Aviation Limited in 2006. The company launched its domestic operations in 2007 and crossed the one million passenger mark in 2009. Under the name Indigo, Interglobe Aviation Ltd operated 1500 flights daily across 101 locations—74 in India and 26 abroad—as of July 2022. The company has its primary hub in Indira Gandhi International Airport, Delhi.
The company is listed on the Bombay Stock Exchange with the code 539448 and on the National Stock Exchange with the symbol INDIGO. Interglobe Aviation Ltd provides domestic and international passenger air transport services under the name Indigo.
On November 15, 2022, Interglobe Aviation Ltd share price closed at Rs 1,792.95. On November 16, 2022, the share price spiked to Rs 1,812.00 and later fell to Rs 1,772. Interglobe Aviation Ltd stock prices have risen by 20.27% over the past three years and fallen by 24.50% in the past 12 months. As of November 16, 2022, the share’s 52-week high was Rs 2,380, and the 52-week low was Rs 1,511.75.
In terms of revenue, the company had its best year in 2020, with Rs 35,756 crore, followed by a slump in 2021. Till the September quarter of 2022, the company’s revenue was Rs 25,931 crore. The profit in the September quarter was Rs -1,583 crore.
On 16 November 2022, 71.93% of Interglobe Aviation Ltd shares were owned by promoters, followed by foreign institutional investors with 18.06% and mutual funds with 5.54%. The rest is shared by retail and domestic institutional investors.
Rahul Bhatia is the co-founder, promoter, and managing director of Intergobe Aviation Ltd. Neena Gupta is the executive director of international hospitality. Interglobe Foundation, the philanthropic arm of Interglobe Aviation Ltd, is chaired by Rohini Bhatia.
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