🚨 Big IPO Alert: MakeMyTrip May Launch a Mega $1 Billion+ India IPO! 🇮🇳✈️India’s largest online travel company, MakeMyTrip, is reportedly preparing to file confidential draft papers for a $1 billion+ IPO, which could become one of the largest new-age listings in India.
💼 Lead Book Running Managers:
• Kotak Capital
• Axis Capital
• Morgan Stanley
• JP Morgan
🛫 Brands Under MakeMyTrip:
• MakeMyTrip • Goibibo • redBus
📊 FY25 Financial Highlights: • Revenue: $978 million (≈ ₹8,800 crore) • EBITDA: $167 million • Net Profit (PAT): $95.3 million
📈 Current Valuation: Listed on Nasdaq with a market capitalization of approximately $4.4 billion (≈ ₹42,000 crore).
If the plans materialize, this IPO could be one of the biggest technology and internet company listings in the Indian market.
⚠️ The IPO is reportedly expected to be filed through the confidential route, and the final size and timeline remain subject to regulatory approvals and market conditions.
#MakeMyTrip #IPO #IndianIPO #StockMarket #Goibibo #redBus #TravelTech #Nasdaq #Investing #IPOWatch
