MakeMyTrip to be first Indian firm to IPO in U.S. since 2006

Travel — By on August 16, 2010 at 1:51 pm

MakeMyTrip Ltd., India’s largest online travel company, aims to raise as much as $100 million on the Nasdaq Stock Market to become the nation’s first firm to hold an initial share sale in the U.S. in four years. Morgan Stanley, Oppenheimer & Co. and Pacific Crest Securities LLC will manage the offering, according to a Securities and Exchange Commission filing yesterday.

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