Nasdaq-listed online travel services provider MakeMyTrip Ltd and some of its shareholders are looking to issue up to 69 lakh equity shares of the company in a public offer that could raise over USD 180 million (nearly Rs 820 crore).

In a prospectus filed with the United States Securities and Exchange Commission, the company said it will offer a total of up to 69 lakh shares for a maximum aggregate price of USD 26.22 per share, aggregating up to USD 180,918,000.

The Gurgaon-based firm said it proposed to offer and sell up to 16 lakh ordinary shares. In addition, certain shareholders are also proposing to offer and sell up to 44 lakh ordinary shares.

(You need to login first to read complete news).
New User? Register for FREE!
» Back to Travel News