Global IPO issuance continued at stable levels in the third quarter, with China-based companies debuting in Hong Kong, Shanghai and the US at a greater rate than US-based issuers. In terms of performance, fast-growing consumer and technology-related IPOs from...read more
Even as global markets faltered this week on macroeconomic fears, IPO activity remained strong with three of five companies posting strong first day gains and the SEC receiving the highest number of initial S-1 filings in five months. MakeMyTrip (MMYT),...read more
After pricing at the high end of its $12-$14 proposed range, Indian travel website MakeMyTrip opened sharply higher at $19 and traded as high as $24.50 (up 75% from the offer price). If it holds on to these gains, MakeMyTrip could have the best first-day pop...read more
MakeMyTrip Limited, the largest online travel company in India, raised $70 million on Wednesday by offering 5 million shares at the high end of the $12 to $14 range. MakeMyTrip Limited is expected to begin trading Thursday on the NASDAQ under the symbol MMYT. ...read more
The Global IPO Market Continues to Gain Momentum: 3Q10 Global Review
Global IPO issuance continued at stable levels in the third quarter, with China-based companies debuting in Hong Kong, Shanghai and the US at a greater rate than US-based issuers. In terms of performance, fast-growing consumer and technology-related IPOs from...read more
Positive week for IPO market sees impressive first day gains, uptick in filing activity
Even as global markets faltered this week on macroeconomic fears, IPO activity remained strong with three of five companies posting strong first day gains and the SEC receiving the highest number of initial S-1 filings in five months. MakeMyTrip (MMYT),...read more
MakeMyTrip soars 70% in early trading; first-day pop may be the largest in more than two years
After pricing at the high end of its $12-$14 proposed range, Indian travel website MakeMyTrip opened sharply higher at $19 and traded as high as $24.50 (up 75% from the offer price). If it holds on to these gains, MakeMyTrip could have the best first-day pop...read more
MakeMyTrip Limited prices IPO at $14.00, at high end of the range
MakeMyTrip Limited, the largest online travel company in India, raised $70 million on Wednesday by offering 5 million shares at the high end of the $12 to $14 range. MakeMyTrip Limited is expected to begin trading Thursday on the NASDAQ under the symbol MMYT. ...read more