11 Jul 2025

InterGlobe Aviation Gains Over 1%, Partners with Kotak Bank for Co-Branded Credit Cards

InterGlobe Aviation is currently trading at RS. 5921.05, up by 80.30 points or 1.37% from its previous closing of RS. 5840.75 on the BSE.

The stock opened at RS. 5850.00 and recorded a high of RS. 5937.00 and a low of RS. 5840.50. So far, 9360 shares have been traded on the counter.

The BSE group 'A' stock with a face value of RS. 10 has touched a 52-week high of RS. 6019.20 on July 1, 2025, and a 52-week low of RS. 3778.50 on October 28, 2024. Over the past week, the stock’s high and low stood at RS. 5937.00 and RS. 5733.10 respectively. The company’s current market capitalization is RS. 228859.60 crore.

Promoters hold 49.27% of the company’s shares, while institutions and non-institutions hold 45.84% and 4.88% respectively.

In a strategic move, InterGlobe Aviation (IndiGo) has partnered with Kotak Mahindra Bank to launch its first co-branded credit cards under the IndiGo BluChip loyalty program. Over the past three years, IndiGo has transitioned from being a domestic low-cost airline to a global player through international expansion, fleet diversification, and innovative services like IndiGoStretch and multiple global partnerships.

Launched last year, IndiGo BluChip is a free-to-join loyalty program allowing members to earn and redeem points (BluChips) on any IndiGo flight without blackout dates. The program has already attracted 3.5 million members. The new co-branded credit cards aim to enhance the travel and lifestyle experience of IndiGo customers by enabling faster BluChip earnings on everyday purchases and seamless flight redemptions.

InterGlobe Aviation provides air transportation services in India and globally, primarily operating the IndiGo passenger airline.