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Akasa Air quietly gears up for an IPO but valuation may be years away
Business
Published on 24 April 2026

Investors may wait longer for profits to show up
Akasa Air is reportedly prepping for an IPO, but analysts don’t expect it to reach EBITDA profitability soon. That puts pressure on founder Rakesh Jhunjhunwala’s “last big bet,” which plans to list in the coming years. The carrier will need substantial operational improvements to earn a valuation closer to IndiGo’s, rather than its current trajectory.
- Akasa Air is preparing for an IPO timeline in the coming years
- EBITDA positivity is not expected in the near term
- Jhunjhunwala’s bet hinges on future valuation growth
- IndiGo-like valuation requires major performance gains
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
