InterGlobe Aviation: InterGlobe Aviation to allot 3.36 crore equity shares

ETMarkets.com|

Updated: Sep 21, 2017, 05.01 PM IST

Shares of the company settled flat at Rs 1,131.05.
InterGlobe Aviation on Thursday approved allotment of 3.36 crore equity shares to institutional investors.

The allotment consist fresh issue of 2.28 crore fresh equity shares and 1.12 crore equity shares pursuant to the offer for sale by selling shareholders to qualified institutional investors at an issue price of Rs 1,130 per equity share.

Shares of the company settled flat at Rs 1,131.05. The scrip opened the day at Rs 1,140 and touched high and low of Rs 1153 and Rs 1130, respectively, in trade so far. Benchmark BSE Sensex closed 30.47 points, or 0.09 per cent down at 32,370.

The stock had hit 52-week high of Rs 1346.35 on August 17, 2017 and 52-week low of Rs 806.50 on November 9, 2016.

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