MakeMyTrip aims for $12-14 per share on Nasdaq

Travel portal MakeMyTrip, which is headed for a Nasdaq listing shortly, has set the price band for its initial public offering (IPO) at $12-14 per share (Source: SEC Filing). It expects to raise $44.3 million, which will be used to expand operations by acquiring or investing in strategic businesses or assets as well as for working capital purposes. The Mauritius-registered…

Read More→

MakeMyTrip files for Nasdaq listing

Gurgaon-based travel service portal MakeMyTrip will list on the Nasdaq under the symbol MMYT. It has filed a registration statement with the SEC for a proposed initial public offering (IPO) of its ordinary shares. The number of shares to be offered and the price range has not yet been determined. Morgan Stanley will be the sole bookrunning manager and Oppenheimer…

Read More→