India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#78- Valuation
- ₹90,470 Cr
2023 #123 2022 #256 2021 #263
Revenue · FY 2025
₹6,947.77 Cr
▲ 27% YoY
Net profit · FY 2025
₹815.11 Cr
Net margin 11.7%
EBITDA · FY 2025
₹937.22 Cr
EBITDA margin 13.5%
Authorised capital
₹485 Cr
Registered with MCA
Paid-up capital
₹404.15 Cr
Issued & subscribed
Open charges
₹691.1 Cr
Satisfied ₹276.08 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
2,533
Provident fund records
About Makemytrip (India) Private Limited
Data last updated:
Makemytrip (India) Private Limited is a private limited company based in Gurugram, Haryana, India, a subsidiary of Makemytrip Limited. It operates in the online ticket booking services segment of the internet and digital services sector. It was incorporated on 13 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63040HR2000PTC090846. Its GSTIN is 06AADCM5146R1ZZ (Haryana). The company holds 70 GST registrations, of which 64 are active.
The company has an authorised share capital of ₹485 Cr and a paid-up capital of ₹404.15 Cr. It was formerly known as Makemytrip.Com Private Limited and Travel by Web Private Limited. It is led by directors including Vikash Kumar Tiwari (Whole-Time Director) and Ghanshyam Daga (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 19th Floor Tower A/B/C Epitome Building No. 5 DLF Cyber City DLF Phase III, Gurugram, Haryana, India – 122002.
As per the financials filed for FY 2025, the company reported a revenue of ₹6,947.77 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹815.11 Cr (net margin 11.7%) and EBITDA of ₹937.22 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 17% over five years.
The company has about 2,533 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 6 brands, including Right Stay, MakeMyTrip, Goibibo, Ibibo Group, Quest2Travel and others. As per MCA filings, the company has open charges of ₹691.1 Cr and satisfied charges of ₹276.08 Cr on record. Court records list 216 cases involving the company, including 117 filed by the company and 99 filed against it; 57 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website makemytrip.com.
Company details
CIN U63040HR2000PTC090846
Registration Number 090846
Incorporation Date 13 April 2000
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Makemytrip Limited
Compliance Status Active Compliant
Name history
Makemytrip (India) has undergone 2 name changes throughout its history. The company was previously known as Makemytrip.Com Private Limited, and Travel By Web Private Limited. The current legal name is Makemytrip (India) Private Limited.
| Company Name | Status |
|---|---|
| Makemytrip (India) Private Limited | Current |
| Makemytrip.Com Private Limited | Previous |
| Travel By Web Private Limited | Previous |
CIN history
Makemytrip (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U63040HR2000PTC090846, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63040HR2000PTC090846 | Current |
| U63040DL2000PTC105210 | Previous |
| U63040HR2000PLC090846 | Previous |
Key People
Vikash Kumar Tiwari Whole-Time Director Ghanshyam Daga Whole-Time Director Malaya Kumar Pallai Whole-Time Director Recognitions & Rankings of Makemytrip (India)
Contact details
Makemytrip (India) Private Limited's registered office is in Gurugram, Haryana. Its website is makemytrip.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address19th Floor Tower A/B/C Epitome Building No. 5 DLF Cyber City DLF Phase III, Gurugram, Haryana, India – 122002
- IndustryInternet, Online Ticket Booking Services
To see the full contact details of Makemytrip (India) Private Limited, buy the company report.
Comprehensive company report
Makemytrip (India) Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Makemytrip (India) operates multiple associated brands including Right Stay, MakeMyTrip, and Goibibo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A digital marketplace for homestays, powered by MakeMyTrip. | rightstay.com | |
| Online bookings for flights, hotels, and travel packages are facilitated. | makemytrip.com | |
| Online travel portal offering bookings for flights, hotels, holidays, bus tickets & car rentals | goibibo.com | |
| Multiple online travel services are offered across various verticals. | ibibo.com | |
| Corporate travel management solutions are delivered via a SaaS platform. | quest2travel.com | |
| Expense management software and corporate cards are offered to businesses. | happay.com |
Business activity
The main business activity of Makemytrip (India) is support service to organizations. In detail, this covers travel agency and tour operators.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators |
To see the full business activity and turnover split of Makemytrip (India) Private Limited, buy the company report.
Financials of Makemytrip (India) Private Limited
FY 2025 filings availableMakemytrip (India) Private Limited reported revenue of ₹6,947.77 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹6,947.77 Cr ▲ 27%
Net profit · FY 2025
₹815.11 Cr margin 11.7%
EBITDA · FY 2025
₹937.22 Cr margin 13.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 58%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 47%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 27% growth in the latest year. EBITDA rose 47% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹937.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹815.11 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.5% | ||||
| Net Profit Margin | 11.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Makemytrip (India) Private Limited, buy the company report.
Board of directors of Makemytrip (India) Private Limited
Makemytrip (India) has 3 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikash Kumar Tiwari | Whole-Time Director | 08 Jan 2021 | 5 Years 9 Months | Current |
| Ghanshyam Daga Also directs: Simplotel Technologies Private Limited | Whole-Time Director | 29 Oct 2021 | 4 Years 11 Months | Current |
| Malaya Kumar Pallai | Whole-Time Director | 11 May 2023 | 3 Years 5 Months | Current |
Shareholding
The shareholding of Makemytrip (India) Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Makemytrip (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹691.1 Cr
Satisfied charges
₹276.08 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2025 | 101209879 | Others | ₹81.85 Lakh | Open | |
| 30 Dec 2025 | 101211390 | Others | ₹18.45 Lakh | Open | |
| 30 Dec 2025 | 101214274 | Others | ₹49.48 Lakh | Open | |
| 29 Dec 2025 | 101214740 | Others | ₹12.25 Lakh | Open | |
| 17 Dec 2025 | 101205477 | Others | ₹59.75 Lakh | Open |
To see the full charge records of Makemytrip (India) Private Limited, buy the company report.
Total charge records: 420 View all charges
Legal cases
Makemytrip (India) Private Limited has 216 court cases on record: 117 filed by Makemytrip (India), 99 filed against it. 57 cases are pending and 159 are disposed.
Total cases
216
Filed by the company
117
Filed against the company
99
Pending
57
Disposed
159
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 127 | 35 | 30 |
| District courts | 82 | 59 | 25 |
| Supreme Court | 4 | 3 | 0 |
| NCLAT | 3 | 2 | 2 |
Cases on record (5 of 216)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMIP) | Filed against the company by Kamat Hotels India Ltd | Pending |
| Bombay High Court | Court case (LPETN) | Filed against the company by Kamat Hotels India Ltd | Pending |
| District court, South, Delhi | Commercial suit | Filed against the company by Wilderness and Wellness Resorts and Camps Pvt. Ltd. | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against Acutok Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Easemybiz Technologies LLP | Pending |
To see the full case history of Makemytrip (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Makemytrip (India) Private Limited has 16 MSME Form 1 returns on record between 2017 and 2024, listing 1,908 overdue payments to 201 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 201)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Markenza | |||
| Savera Industries Limited | |||
| Logicserve Digital Consultancy Services Private Limited | |||
| Rentokil Initial Hygiene India Private Limited | |||
| Ramanashree Shopping Arcade Private Limited |
To see the full MSME payment records of Makemytrip (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Makemytrip (India) has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
3
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Hotelcloud Services Private Limited | U55101DL2023PTC416193 | |
| Savaari Car Rentals Private Limited | U60231KA2012PTC062501 | |
| Quest 2 Travel.Com India Private Limited | U72900MH2000PTC125214 |
To see the full group structure of Makemytrip (India) Private Limited, buy the company report.
Employees & EPFO
Makemytrip (India) Private Limited has a workforce of 2,533 employees on its EPFO records as of Feb 10, 2026, across 1 active EPFO establishment.
Employee count
2,533
Active EPFO establishments
1
Employee growth
8.9%
GST
Makemytrip (India) has 70 GST registrations: 64 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
70
Active
64
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCM5146R1ZZ | Haryana | Active | 01 Jul 2017 |
| 06AADCM5146R1CA | Haryana | Active | 30 Oct 2018 |
| 06AADCM5146R3ZX | Haryana | Active | 24 Mar 2025 |
| 03AADCM5146R1Z5 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Makemytrip (India) Private Limited, buy the company report.
Recent activity
Makemytrip (India) Private Limited has 43 board changes on record since 2000: 23 appointments and 20 cessations. The latest: Malaya Kumar Pallai was appointed as Whole-Time Director on 11 May 2023.
Charges
A charge registered on 02 May 2025 via Charge ID 101091305 with Hdfc Bank Limited was fully satisfied on 30 Jan 2026.
Charges
A charge registered on 26 Oct 2023 via Charge ID 100812411 with Hdfc Bank Limited was fully satisfied on 17 Jan 2026.
Charges
A charge registered on 29 Apr 2024 via Charge ID 100912134 with Others was fully satisfied on 09 Jan 2026.
Charges
A charge registered on 27 Jun 2023 via Charge ID 100742985 with Others was fully satisfied on 09 Jan 2026.
Charges
A charge registered on 21 Oct 2023 via Charge ID 100801386 with Others was fully satisfied on 02 Jan 2026.
Charges
A charge registered on 16 Feb 2023 via Charge ID 100681493 with Hdfc Bank Limited was fully satisfied on 31 Dec 2025.
Charges
A charge with Others amounted to Rs. 0.82 Cr with Charge ID 101209879 was registered on 30 Dec 2025.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 101211390 was registered on 30 Dec 2025.
Charges
A charge with Others amounted to Rs. 0.49 Cr with Charge ID 101214274 was registered on 30 Dec 2025.
Charges
A charge with Others amounted to Rs. 0.12 Cr with Charge ID 101214740 was registered on 29 Dec 2025.
Charges
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 101205477 was registered on 17 Dec 2025.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 101205490 was registered on 11 Dec 2025.
636 earlier events are in the company report.
News
Frequently asked questions
Makemytrip (India) is an active private limited company based in Gurugram, Haryana, India. The company works in online ticket booking services, within the internet industry. It was incorporated on 13 April 2000 (26+ years old) and is registered under CIN U63040HR2000PTC090846.
Makemytrip (India) has 3 current directors:
- Vikash Kumar Tiwari - Whole-Time Director
- Ghanshyam Daga - Whole-Time Director
- Malaya Kumar Pallai - Whole-Time Director
The latest financial statements of Makemytrip (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Makemytrip (India) is 06AADCM5146R1ZZ, registered in Haryana. The company has 70 GST registrations in all, of which 64 are active and 6 are cancelled or inactive. Other active GSTINs include 06AADCM5146R1CA (Haryana), 06AADCM5146R3ZX (Haryana), 03AADCM5146R1Z5 (Punjab).
The CIN (Corporate Identification Number) of Makemytrip (India) is U63040HR2000PTC090846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makemytrip (India) has 216 court cases on record: 117 filed by the company and 99 filed against it. 57 are pending. Most are in the high courts.
Makemytrip (India) was incorporated on 13 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Delhi.
Malaya Kumar Pallai was appointed as Whole-Time Director on 11 May 2023. Vikas Saini ceased to be Whole-Time Director on 11 May 2023. Indresh Kumar Gupta ceased to be Whole-Time Director on 01 Nov 2021. Makemytrip (India) has 43 board changes on record in total.
Makemytrip (India) has 16 MSME Form 1 returns on record between 2017 and 2024, listing 1,908 overdue payments to 201 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Makemytrip (India) can be reached through the website makemytrip.com. Its registered office is in Gurugram, Haryana, India.
The registered office of Makemytrip (India) is at 19th Floor Tower ABC Epitome Building No. 5 DLF Cyber City DLF Phase III, Gurugram, Haryana, India – 122002.