Travel aggregator MakeMyTrip confidentially files for India unit IPO

MakeMyTrip

17/07/2026 13:37

BENGALURU, July 17 (Reuters) - Nasdaq-listed travel aggregator MakeMyTrip MMYT.O said on Friday that its Indian subsidiary has confidentially filed for an initial public offering with the Securities and Exchange Board of India.

     Here are some details: 
MakeMyTrip also owns the travel-booking platform Goibibo and the bus-ticketing service redBus
A confidential filing allows companies to submit draft papers to the regulator for review without making them public to protect sensitive information, such as financials and business strategies
MakeMyTrip has been listed on Nasdaq since 2010 
The company and its subsidiary, ibibo Group Holdings, will sell shares in the proposed IPO, according to its filing to the U.S. SEC 
MakeMyTrip said it will use the proceeds from the stake sale in the Indian subsidiary to strengthen its cash position for long-term growth and strategic inorganic initiatives


 (Reporting by Haripriya Suresh in Bengaluru; Editing by Mrigank Dhaniwala)
 ((haripriya.suresh@thomsonreuters.com))