The company had raised Rs 3,009 crore though the initial public offering (IPO) by issuing shares at price of Rs 765 per share. Today, at 10:47 am, the stock was up 2.6% at Rs 1,215 after hitting a fresh high of Rs 1,234 during intra-day trade on the BSE. Post listing, InterGlobe Aviation has surpasses Siemens, Bharat Heavy Electricals Limited (BHEL), Cadila Healthcare, Zee Entertainment, Shree Cement, Motherson Sumi Systems, Bank of Baroda, NMDC, Britannia Industries, Grasim Industries and Oracle Financial Services in m-cap ranking. InterGlobe Aviation Limited operates IndiGo—India's largest passenger airline with 33.9% and 37.4% market share of domestic passenger volume for FY15. The company operates on a low-cost carrier (LCC) business model and focuses on the domestic Indian air travel market.