Neutral impactIPO
MakeMyTrip files confidential DRHP with Sebi for proposed IPO of India subsidiary
Prop News Time 14 hrs ago·21 Jul 2026, 12:01 pm
IPO Prop News Time
MakeMyTrip has taken a step towards listing its India subsidiary on the stock market. The company has filed a confidential draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi). This is a preliminary step towards an initial public offering (IPO).
The proposed IPO could provide an opportunity for investors to participate in the growth of India's online travel industry. It may also give insight into the company's financials and future plans.
Investors should watch for further updates on the IPO, including the release of the DRHP and the company's plans for listing.
Key takeaways
- Category: IPO.
Why it matters
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