MakeMyTrip se dispone a presentar su solicitud de salida a bolsa en la India con una valoración de más de 1.000 millones de dólares, según un informe

Key Points

• MakeMyTrip is set to confidentially file for a $1 billion+ India IPO—potentially the largest travel-sector listing in the Indian market—advised by Kotak, Axis, JP Morgan and Morgan Stanley.
• The company restructured its domestic operations (including absorbing redBus India) to enable the listing, and will likely run two parallel listed entities since India bars dual listings, aiming for a unified structure long-term.
• MakeMyTrip has crossed $10 billion in annual gross bookings with double-digit adjusted margin growth led by bus ticketing, while its Nasdaq market cap sits around $5.4 billion.

Summary

MakeMyTrip, the Nasdaq-listed Indian online travel giant, is reportedly preparing to confidentially file draft papers for an IPO of its India business valued at more than $1 billion, potentially within a week, according to a MoneyControl report. If completed, this would be the largest-ever travel-sector listing in the Indian market, advised by Kotak Mahindra Capital, Axis Capital, JP Morgan, and Morgan Stanley. The company has previously signaled this "homecoming IPO," having restructured its domestic operations—including folding redBus India into MakeMyTrip India—to enable a potential India listing. Because India prohibits dual listings, MakeMyTrip would likely operate two separate listed entities (the existing Nasdaq-listed Mauritius holding company and a new India-listed one) for a period, with a long-term goal of unifying into a single structure. The move comes as MakeMyTrip crossed $10 billion in annual gross bookings, and follows a similar confidential filing path taken by Oyo-parent Prism, which is targeting a $7-8 billion valuation.