Adani Airports Now Has a Timeline for Its IPO: What We Know About the Business
Skift Take
Adani Airport Holdings manages 7 airports in India, with another one under development. A major player in the country's airport ecosystem, the company is looking at major investment from parent company Adani Enterprises to drive development before its prospective IPO.
Adani Enterprises is planning to list its airport business — Adani Airport Holdings — by fiscal 2028, according to media reports that quoted Jugeshinder Singh, the group's chief financial officer.
The company controls more than 50% of top 10 domestic routes, and it accounts for close to 25% of the air traffic in India.
The conglomerate runs seven airports and, in March 2025, expects to start operations at the Navi Mumbai International Airport — its second airport in the Indian financial capital of Mumbai.
According to reports, the group is also looking to invest around INR 1,750 billion ($21 billion) in its airport business over the next 10 years.
Adani’s Airport VerticalAdani Airport Holdings
