Share Gira Toh India Mein Listing Ka Plan!
Dekho, MakeMyTrip ke US shares pichle saal April tak 55% tak crash ho gaye hain. Ab company ki valuation lagbhag $4.6 billion ke aas paas hai, aur trailing twelve months ka P/E ratio 35x chal raha hai. Jab primary listing market mein hi valuation ka pressure ho, toh company sochti hai ki kyun na India ke market ko explore kiya jaaye future growth ke liye.
Bade Banks ka Support
Is bade transaction ke liye, MakeMyTrip ne Axis Capital, Morgan Stanley, aur JPMorgan Chase jaise top banks ko hire kiya hai. Lagta hai abhi aur bhi banks judne wale hain. Ye strategy company ko India se additional funding collect karne mein help karegi, jisse future activities aur expansion mein asani hogi. Company India mein MakeMyTrip, Goibibo, aur redBus jaise popular brands chalaati hai.
India Ke IPO Market Ka Scenario
Ye move tab ho raha hai jab India ka primary market 2026 ki shuruat mein thoda slow chal raha hai. Pichle do saal mein record IPOs ke baad, ab geopolitical uncertainties aur fluctuating foreign capital flows ki wajah se market thoda cautious hai. Phir bhi, companies future market stabilization ke liye khud ko position kar rahi hain.
Yatra Online Ki Tarah Hi Move
MakeMyTrip ka ye approach bilkul Yatra Online Ltd. jaisa hai, jo ki ek competitor bhi hai. Yatra ne pehle Nasdaq par list kiya tha aur phir 2023 mein India mein bhi IPO laya tha. Yatra ka Indian entity ab Nasdaq wale se kaafi bada hai; India mein valuation $190 million hai jabki Nasdaq par $70 million ke aas paas hai, aur woh 28x ke P/E ratio par trade kar raha hai.
Risks Aur Competition
Par haan, is plan mein risks bhi kam nahi hain. India ka IPO market abhi theek nahi hai aur global economic uncertainties bhi bani hui hain. MakeMyTrip ke khud ke stock performance mein jo girawat dikhi hai, woh bhi existing concerns ko highlight karti hai. Aur sabse badi baat, India mein online travel sector mein bohot zyada competition hai, jisse pricing power aur profit margins par asar pad sakta hai. Investors dekhenge ki MakeMyTrip is dual-listing strategy ko kaise manage karta hai aur local players se kaise compete karta hai.
