MakeMyTrip Confidentially Files DRHP For $1 Bn India IPO, Eyes Q1 FY27 Listing
MakeMyTrip has confidentially filed a DRHP with SEBI for an OFS-only India IPO of its subsidiary, potentially raising over $1 Bn. The move aims to deepen domestic presence ahead of a Q1 FY27 listing, even as FY26 profit slid 45.8% YoY to $51.7 Mn on revenue of $1.04 Bn (+6.7%).
MakeMyTrip confidentially filed a DRHP with SEBI for an India IPO of its subsidiary, an OFS-only offering potentially raising over $1 Bn, aiming to boost domestic presence ahead of a Q1 FY27 listing.
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