Company Intelligence Profile
Makemytrip
MakeMyTrip (India) Private Limited is the Gurugram-based operating subsidiary running India's leading online travel agency, offering flight, hotel, holiday-package, bus, rail and travel-insurance bookings, within the NASDAQ-listed MakeMyTrip Limited group.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Makemytrip |
|---|---|
| CIN | U63040HR2000PTC090846 |
| PAN | AADCM5146R [Tofler; Falconebiz — 2 sources agree] |
| Status | Active (Compliant) |
| Listing | Not listed itself (unlisted private limited company). Its ultimate parent, MakeMyTrip Limited, is listed on NASDAQ (ticker: MMYT). [Tofler; Falconebiz] |
| Incorporated | 13 April 2000 [Tofler; Falconebiz — 2 sources agree] |
| ROC | Conflicting: Tofler states RoC Haryana; TheCompanyCheck states RoC Delhi. Registered address is in Gurugram, Haryana, so RoC-Haryana is more plausible; flagged as unresolved source conflict. |
| Sector (NIC) | Supporting and auxiliary transport activities / activities of travel agencies (online flight, hotel, holiday-package, bus, rail and travel-insurance booking) [Tofler; Falconebiz] |
| Registered address | 19th Floor, Tower A/B/C, Epitome Building No. 5, DLF Cyber City, DLF Phase III, Gurugram, Haryana, India – 122002 [Tofler; Falconebiz — matching] |
| Authorized capital | ₹485.0 Crore [Tofler; Falconebiz — 2 sources agree] |
| Paid-up capital | ₹404.1–404.15 Crore [Tofler; Falconebiz — 2 sources agree] |
Business Overview
Confirmed- Leading Indian online travel agency (OTA) providing flight bookings, hotel and homestay reservations, holiday packages, bus and rail ticketing, cabs, and travel insurance for leisure and business travelers
- Operates the MakeMyTrip consumer brand in India and is part of the broader MakeMyTrip group (which also owns Goibibo and Ibibo Group brands via affiliated entities). [Tofler
- Falconebiz] Subsidiaries of this entity: Savaari Car Rentals Private Limited (Karnataka, inc. 2012, paid-up capital ₹12.0 Cr), Quest 2 Travel.com India Private Limited (Maharashtra, inc. 2000, paid-up capital ₹2.4 Cr), and HotelCloud Services Private Limited. [Tofler] Confirmed status: confirmed (core business description)
- subsidiary financial detail: partial (single source)
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Vikash Kumar Tiwari | 02038571 | Whole-Time Director, DIN 02038571 appointed 08 Jan 2021 | 08 Jan 2021 |
| Ghanshyam Daga | 09378288 | Whole-Time Director, DIN 09378288 appointed 29 Oct 2021 | 29 Oct 2021 |
| Malaya Kumar Pallai | 10157054 | Whole-Time Director, DIN 10157054 appointed 11 May 2023 No former directors were surfaced in the sources checked. DIN figures: partial confidence single source, Tofler; names/designations: confirmed 2 sources agree; Falconebiz and Tofler. | 11 May 2023 |
GST Registration
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 06AADCM5146R1ZZ | Haryana | AADCM5146R [Tofler; Falconebiz — 2 sources agree] | Active |
PAN confirmed: AADCM5146R (2 sources: Tofler, Falconebiz). A specific primary GSTIN (06AADCM5146R1ZZ, Haryana, stated registration date 01 Jul 2017, status Active) surfaced via an indirect web-search summary only — it could NOT be independently verified by loading a canonical individual GSTIN lookup page (knowyourgst.com, findgst.in and mastersindia.co individual pages all returned 404 in this session). Per the "never invent numbers" rule, this GSTIN should be treated as UNCONFIRMED/partial, not "confirmed" — flag for manual verification before publishing. Home state consistent with Haryana registered address. Number of registrations and status: not obtained (not independently confirmed).
Financials
Partial / conflictingLatest audited FY: FY2025 (year ended 31 March 2025). Source conflict flagged between two providers:
| Tofler | Revenue (Standalone) ₹6,418.9 Cr / (Consolidated) ₹6,780.7 Cr; EBITDA (Standalone) ₹920.0 Cr / (Consolidated) ₹937.2 Cr; PAT (Standalone) ₹817.9 Cr / (Consolidated) ₹815.1 Cr; Net worth ~₹3,228.8–3,501.9 Cr (source shows an internal inconsistency between a stated net-worth figure and its own reserves+capital calculation of ₹3,312.9 Cr); Total borrowings ₹671.4 Cr; Total assets ₹8,488.0–8,572.2 Cr |
|---|---|
| Falconebiz | Revenue ₹6,947.77 Cr (+27% YoY); EBITDA and PAT locked behind paywall |
These two revenue figures (₹6,418.9–6,780.7 Cr vs ₹6,947.77 Cr) disagree by roughly 3–8% — reported as a genuine source conflict, not resolved. Status: partial (figures reported with named source and explicit conflict, not fully cross-confirmed).
Charges & Loans
Confirmed- Multiple open charges reported by Tofler (as of filing data through ~Dec 2025): IndusInd Bank Ltd ₹200.0 Cr (created 25 Jan 2019)
- ICICI Bank Ltd ₹191.5 Cr across ~190 individual loan charges (2012–Dec 2025, ₹0.1–1.4 Cr each)
- HSBC ₹75.0 Cr (11 Jun 2025)
- Deutsche Bank ₹75.0 Cr (04 Jun 2025)
- Axis Bank Ltd ₹70.0 Cr (14 Aug 2025)
- Citibank N.A
- ₹69.5 Cr (28 Feb 2024)
- HDFC Bank Ltd ₹8.9 Cr across 48 loans
- Falconebiz separately summarizes open charges at ₹691.1 Cr and satisfied charges at ₹276.08 Cr (aggregate figures, not itemized) — broadly consistent in magnitude with Tofler's itemized list, treated as corroborating
- Status: confirmed (2 sources, consistent aggregate order of magnitude), itemized detail single-sourced (Tofler)
Legal / Litigation
Confirmed- Indian Kanoon search for "Makemytrip (India) Private Limited" returns 343 total results, predominantly trademark/domain-name/copyright and competition-law disputes
- Representative cases identified: Makemytrip (India) Pvt. Ltd. vs Booking.com B.V. & Ors
- (Delhi High Court, 27 Apr 2022)
- Makemytrip (India) Pvt. Ltd. vs Orbit Corporate Leisure Travels (Delhi High Court, 13 Dec 2017)
- Makemytrip India Pvt. Ltd. vs Wing In Travel Advisory Pvt. Ltd. & Ors
- (Delhi High Court, 02 Sep 2020)
- Google India Pvt. Ltd. vs Makemytrip (India) & Ors
- (Delhi High Court, 14 Dec 2023)
- Makemytrip India Pvt. Ltd. vs Deputy Commissioner of Income Tax (Delhi High Court, 24 Mar 2025 — tax litigation)
- Makemytrip (India) Pvt. Ltd. vs M/S Makemyindiatrip (Delhi High Court, 29 May 2026)
- Makemytrip India Pvt. Ltd. vs Dialmytrip Tech Private Limited (Delhi High Court, 21 Nov 2023)
- Makemytrip (India) Pvt. Ltd. vs Make True Trip (OPC) Pvt. Ltd. & Ors
- (Delhi High Court, 10 Nov 2022)
- Status: confirmed (single aggregator source, Indian Kanoon, but case listing itself is a primary-adjacent legal database)
Competitors
Confirmed- Yatra Online Inc. (listed, NASDAQ: YTRA — mid-scale OTA)
- EaseMyTrip / Easy Trip Planners Ltd (listed on NSE/BSE — mid-scale, profitable OTA)
- Cleartrip (owned by Flipkart — mid-scale)
- Ixigo / Le Travenues Technology Ltd (listed NSE — smaller-scale, meta-search-led OTA)
- Booking.com / Agoda (global OTAs with strong India presence — large scale)
- Goibibo (part of the same wider MakeMyTrip/Ibibo group, so a sibling brand rather than a pure external competitor — noted for completeness)
- Status: confirmed (well-known, publicly documented industry set)
Frequently Asked Questions
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