Kotak Mahindra Capital

Kotak Mahindra Capital is an investment bank that works on Indian IPO mandates. [1] source: Outlook Business Outlook Business reported in July 2026 that Kotak was among the advisers to MakeMyTrip on a $1 billion India IPO. [1] source: Outlook Business

Outlook Business reported in July 2026 that MakeMyTrip was preparing a confidential draft filing for a $1 billion India IPO, likely within a week. [1] source: Outlook Business The advisers it named were Kotak, Axis, JP Morgan and Morgan Stanley. [1] source: Outlook Business The same report cited $10 billion in annual gross bookings and a $5.42 billion Nasdaq market cap for MakeMyTrip. [1] source: Outlook Business It said the listing follows strong FY26 results amid ongoing CCI price-parity allegations. [1] source: Outlook Business Mint and Outlook Business reported on July 18 that MakeMyTrip filed its confidential DRHP with SEBI on July 17. [2] source: Outlook Business[3] source: Mint

The wider IPO market around these mandates was busy. Business Today reported in August 2026 that Indian IPOs had raised $7 billion so far this year. [4] source: Business Today Business Today reported in September 2026 that India IPOs had raised over $13 billion this year, across nearly 250 IPOs. [5] source: Hindustan Times[6] source: Business Today Other banks named in 2026 IPO coverage include Axis Capital, JPMorgan, Morgan Stanley India, Citigroup and IIFL Capital Services. [5] source: Hindustan Times[2] source: Outlook Business[3] source: Mint