MakeMyTrip India files confidential IPO DRHP with SEBI

MakeMyTrip has submitted documents for an initial public offering of its Indian subsidiary. The move involves equity shares in MakeMyTrip India Ltd.

MakeMyTrip has stealthily submitted documents for its Indian subsidiary's IPO. The planned offering includes equity shares in MakeMyTrip India Ltd.

The company aims to boost brand recognition and motivate talent within the subsidiary. Funds raised will bolster MakeMyTrip's financial strength.

This step paves the way for future development opportunities as the firm expands its market presence.

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Illustration of Blockchain.com executives preparing confidential documents for US IPO filing in a modern boardroom with crypto elements.
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Blockchain.com files confidentially for US IPO

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Blockchain.com has confidentially submitted a draft registration statement to the US Securities and Exchange Commission for a proposed initial public offering. The move comes as the long-running crypto exchange explores going public amid shifting market conditions.

Manipal Health Enterprises has secured regulatory clearance for its planned initial public offering. The healthcare company aims to raise about ten thousand crore rupees through the share sale.

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Growing numbers of firms are opting to submit initial public offering documents in confidence. The trend stems from ongoing uncertainty tied to the West Asia conflict. This approach gives businesses added flexibility in an unpredictable market.

Investors in SBI Funds Management's recent initial public offering stand to gain 10 to 15 percent when the shares begin trading. The offering drew strong demand, with subscriptions exceeding 41 times on the final day.

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Two Indian companies have secured regulatory clearance to proceed with initial public offerings. Deepa Jewellers and Cotec Healthcare both obtained approval from the Securities and Exchange Board of India.

India's infrastructure investment trusts are seeking regulatory changes to make mergers and acquisitions easier. The sector manages assets worth ₹7 lakh crore and wants guidelines aligned with those for listed companies. Leaders say current rules often force buyers to acquire more units than planned.

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India has opened its stock markets to direct investment by foreign individuals. The move aims to broaden capital sources beyond foreign portfolio investors.

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