SEBI Clears MakeMyTrip’s India IPO
Nasdaq-listed online travel aggregator (OTA) MakeMyTrip’s India arm has received SEBI’s approval to launch its initial public offering (IPO) in…
Nasdaq-listed OTA MakeMyTrip received SEBI's approval to launch its India IPO on November 6, 2026. The company had filed its draft IPO papers with SEBI in July 2026. MakeMyTrip is expected to raise over $1 billion from the IPO, which will consist solely of an offer for sale of equity shares by MakeMyTrip Ltd and ibibo Group Holdings.
The IPO will improve MakeMyTrip India's brand visibility and strengthen its ability to attract talent in India's competitive tech market. MakeMyTrip, which listed on Nasdaq in 2010, is a player in the online travel market, offering services such as flights, hotels, and holiday packages. The IPO comes as part of a strategic move to boost the company's presence in the Indian market.
MakeMyTrip has also made inorganic growth moves, acquiring minority stakes in various companies and startups to expand its operations.
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