NasdaqGS:MMYTHospitality
Evaluating MakeMyTrip (MMYT) After India Listing Plans Via Indian Depository Receipts
MakeMyTrip (MMYT) is drawing fresh attention as it weighs listing its Indian arm through Indian Depository Receipts instead of a traditional domestic IPO, a move aimed at addressing tax considerations while broadening local capital access.
See our latest analysis for MakeMyTrip.
These IDR discussions come after MakeMyTrip reiterated on 16 March that it is considering an India listing for its consolidated local business. They arrive during a period where the stock has a 1-month share price...