MakeMyTrip Set to File for India IPO at $1 Billion-Plus: Report

MakeMyTrip is preparing to confidentially file draft papers for an IPO of its India business worth more than $1 billion within a week, according to a MoneyControl report citing “people familiar with the matter.”

MakeMyTrip, which already trades in the U.S., declined to comment on the timing when Skift reached out. If the IPO goes through, it would likely be the largest-ever travel-sector listing in the India market.

Investment banks Kotak Mahindra Capital, Axis Capital, JP Morgan and Morgan Stanley are reportedly advising on the proposed issue.

MakeMyTrip has previously disclosed its intent to list in India. The company first flagged the idea in a May 2026 filing with the U.S. SEC, in which it said it had folded its bus-booking pla