Virgin Australia is back on the Australian Securities Exchange as a publicly traded company.
It is back after a five-year gap following an initial public offering which raised A$685 million.
Virgin sold 236.2 million shares priced at A$2.90, which values the business at around A$2.32 billion.
Owner Bain Capital bought Virgin for A$3.5 billion.
The IPO diluted Bain’s ownership by 40% and new investor Qatar Airways retains its newly acquired 23%.
Virgin’s domestic market share is 34.4%, behind Qantas’ 37.5%.
