InterGlobe Aviation Limited, the parent company of IndiGo, has announced an investment of up to ₹394 crore (approximately $45 million) in its wholly owned subsidiary, InterGlobe Aviation Financial Services IFSC Private Limited (IndiGo IFSC). The decision was approved by the company’s Board of Directors in a meeting held on March 12, 2025.
The investment, which will be made in one or more tranches over the next three months, is aimed at financing aviation assets, repaying outstanding loans, and meeting other general corporate purposes. IndiGo IFSC, incorporated in October 2023, operates as an aircraft and engine leasing entity within Gujarat International Finance Tec-City (GIFT City), India.
Since the subsidiary is wholly owned by InterGlobe Aviation, the transaction qualifies as a related-party deal. However, the investment will be made at fair market valuation, as determined by an independent Category-1 Merchant Banker, ensuring it complies with arm’s length pricing principles.
With this move, IndiGo aims to strengthen its financial services segment, particularly in aircraft leasing, a key area that can help optimize costs and improve fleet expansion strategies. The investment is expected to enhance the company’s financing capabilities and support its long-term growth plans in the aviation sector.
