MakeMyTrip (India) Ltd., the Indian subsidiary of Nasdaq-listed travel platform MakeMyTrip, has received SEBI’s approval to proceed with its proposed initial public offering. The company had submitted its draft offer documents through the confidential filing route in July 2026, with SEBI issuing its final observations on November 6.
The proposed IPO is expected to comprise an Offer for Sale by its parent company, MakeMyTrip, and its wholly owned subsidiary, ibibo Group Holdings (Singapore) Pte Ltd. Following the proposed listing, MakeMyTrip India will continue to remain a subsidiary of its parent company. The issue size, price band and opening date have not yet been announced.
Source: Moneycontrol / PTI
