Indigo shares fall 5% as promoter plans to sell 3.1% stake worth Rs 7,085 crore

On Thursday, the Indigo shares fell 4.87 percent touching a day’s low price of Rs 5,755 on NSE after news suggest that co-founder Rakesh Gangwal and his family trust plan to offload up to a 3.1 percent stake in InterGlobe Aviation, which is the parent company of IndiGo, through block deals valued at approximately Rs 7,084.6 crore for Rs 5,830 per share as per CNBC-TV18. This latest transaction is part of a well-publicised, phased exit plan announced by Gangwal in 2022 following his resignation from the board, in which he committed to gradually reducing his equity stake over five years as per sources. Since then, the Gangwal family has steadily reduced its ownership through several large block deals, having divested more than 9 percent of shares in 2025 alone, and raising upwards of Rs 45,000 crore across multiple tranches. The current salew is expected to reduce the the promoters holding from roughly 7.8 percent (Rakesh Gangwal and The Chinkerpoo Family Trust) as of June 2025. 

The Indigo stock has climbed around 19 percent in the past year and 26 percent year-to-date, signaling continued market faith in the business’s fundamentals, which are underpinned by robust earnings and capacity expansion.

IndiGo’s momentum is particularly evident in its aggressive international expansion strategy. The airline plans to launch nonstop flights to 10 new global destinations in FY26, including prominent cities like Manchester, London, Amsterdam, and Copenhagen, alongside destinations in Greece, Cambodia, and Central Asia. These developments aim to raise IndiGo's international footprint from 40 to 50 destinations by next year. This expansion is enabled by IndiGo’s investment in long-range aircraft, with the Airbus A321XLR and newly leased Boeing 787s expected to join its fleet to support longer-haul routes.

Further fueling its growth, IndiGo has placed major aircraft orders. There were news on airline was expected to purchase 40 Airbus aircraft. Financially, the airline boasts annual revenues surpassing $10 billion, a net profit of Rs 7,253 crore in FY25. Indigo carried over 118 million passengers in FY25 which places IndiGo among the top players in global airlines industry.

Looking ahead, industry analysts remain largely optimistic about IndiGo's prospects. Investor sentiment is reinforced by IndiGo’s market leadership, strong balance sheet, visionary fleet strategy, and the massive opportunity presented by India’s surging demand for international air travel. Some of the key risks revolve around supply chain disruptions potentially impacting aircraft delivery timelines and intensifying competition on global routes.