NasdaqGS:MMYTHospitality
What MakeMyTrip (MMYT)'s Planned India IPO to Boost Local Brand and Talent Means For Shareholders
MakeMyTrip Limited recently disclosed that its wholly owned subsidiary, MakeMyTrip (India) Limited, had previously confidentially submitted a pre-filed draft red herring prospectus to Indian regulators for an IPO and listing on the Mumbai stock exchange, involving a sale of shares by MakeMyTrip and its Singapore-based unit ibibo Group Holdings.
This planned India listing is intended to raise the profile of the MakeMyTrip brand locally and strengthen the company’s ability to attract and...