SEBI Clears MakeMyTrip’s India IPO

by · Inc42

SUMMARY

  • MakeMyTrip (India) Ltd has received SEBI’s approval to launch its proposed IPO, with the regulator issuing its final observations on November 6, 2026
  • The proposed public issue is expected to comprise an offer for sale (OFS) by Nasdaq-listed parent MakeMyTrip and its wholly-owned subsidiary ibibo Group Holdings
  • The Indian entity will continue to remain a subsidiary of MakeMyTrip after the listing, with its financials consolidated with those of the parent