MakeMyTrip hires banks for proposed Mumbai share sale

7 articles · Updated · Bloomberg · Apr 29

MakeMyTrip, currently listed on Nasdaq, has appointed Axis Capital, Morgan Stanley, and JPMorgan Chase as advisers for its planned India offering.
The company is considering a Mumbai listing and intends to add more banks to support the proposed share sale.
This move marks a potential shift for MakeMyTrip to expand its presence in the Indian financial market, following its existing US listing.

Why is MakeMyTrip listing now in such a volatile Indian IPO market?

Is MakeMyTrip's high valuation justified amid its falling market share?

Are MakeMyTrip's 'adjusted' profits hiding deeper financial problems?

Will Indian investors overlook customer complaints for a famous travel brand?

Will a Mumbai IPO help fix the company's 'anti-competitive' reputation?