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India-based online travel company MakeMyTrip files for a $100 million IPO

July 26, 2010

MakeMyTrip Limited, the largest online travel company in India, filed on Monday with the SEC to raise up to $100 million in an initial public offering. The company, which was founded in 2000 and booked $84 million in sales for the 12 months ended March 31, plans to list on the NASDAQ under the symbol MMYT. Morgan Stanley, Oppenheimer & Co. and Pacific Crest are the lead underwriters on the deal. No pricing terms were disclosed.