The offer floor price for InterGlobe Aviation Ltd, which runs IndiGo, has been set at 1,875 rupees per share, the news channel reported.

IndiGo did not respond to Reuters' request for comment, while Shobha Gangwal could not immediately be reached for comment.

(Reporting by Nishit Navin in Bengaluru; Editing by Janane Venkatraman)