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Air IQ Files Confidential DRHP for Rs 1,000 Crore IPO
M
Moneycontrol•25-09-2026, 11:01
Air IQ Files Confidential DRHP for Rs 1,000 Crore IPO
- •Air IQ, a travel tech firm, has confidentially filed draft papers with SEBI for an IPO to raise approximately Rs 1,000 crore.
- •The offering will comprise a mix of offer for sale (OFS) and fresh issue, with 60 percent being OFS.
- •Promoters and their family will sell a portion of their shares in the OFS component.
- •Pantomath Capital Advisors is the sole book running lead manager for the IPO.
- •Air IQ is a Siliguri-based B2B travel technology and distribution company, connecting various travel entities through an integrated ecosystem.
Key Questions Answered
Air IQ is looking to raise approximately Rs 1,000 crore through its initial public offering by filing a confidential DRHP with SEBI.
The public offering consists of a mix of a fresh issue and an offer for sale, with approximately 60 percent of the issue allocated to the OFS component where promoters sell a portion of their shares.
Pantomath Capital Advisors is serving as the sole book running lead manager and merchant banker for the travel tech firm's IPO.
