Archive · 19 Jul 2026
Akasa Air Raises Funds for Expansion
Akasa Air is a company that operates airplanes.
They recently changed some rules about how much money they can raise from investors.
Last year, they got a lot of money to help them grow.
Now, they want to get even more money to buy new planes and fly to more places.
They also said they are doing well and have plans to keep growing.
They want to use a special government program to help them get more money too.
Last year, they made more money and flew to more places, and they want to do even better this year.
Akasa Air revised its authorised share capital to ₹197.50 crore to raise more funds.
The airline plans to raise Rs 1000 crore in equity and debt for expansion.
Last year, Akasa Air raised Rs 1200 crore through CCPS with a premium of ₹224.81.
The airline aims for 30% growth in FY27 after a 37% revenue increase in FY26.
Akasa Air inducted ten aircraft in FY26 and expanded its network to 32 destinations.
- Who
- Akasa Air
- What
- Revised authorised share capital and plans to raise funds
- When
- General meeting earlier this month, fundraising plans ongoing
- Where
- India
- Why
- To meet future capital requirements and support expansion
- Funds Raised Last Year
- Rs 1200 crore
- Current Fundraising Target
- Rs 1000 crore
- Authorised Share Capital Revised
- ₹197.50 crore
- Premium on CCPS Last Year
- ₹224.81
- Aircraft Inducted in FY26
- 10
- Network Destinations in FY26
- 32
- Revenue Growth in FY26
- 37%
- Capacity Growth in FY26
- 30%