GIC reports 7.43% stake in MakeMyTrip

GIC Private Limited, a Singapore-based fund manager for the Government of Singapore and the Monetary Authority of Singapore, reports beneficial ownership of 6,719,113 MakeMyTrip Limited ordinary shares.

Rhea-AI Filing Summary

GIC Private Limited, a Singapore-based fund manager for the Government of Singapore and the Monetary Authority of Singapore, reports beneficial ownership of 6,719,113 MakeMyTrip Limited ordinary shares. This represents 7.43% of the class, calculated from 90,448,984 shares outstanding as referenced in a Form 20-F.

GIC has sole voting and dispositive power over 5,594,455 shares and shared voting and dispositive power over 1,124,658 shares with the Monetary Authority of Singapore. The Government of Singapore and GIC each disclaim beneficial ownership beyond the roles described, and GIC disclaims membership in a group.

Key Figures

Beneficially owned shares: 6,719,113 shares Ownership percentage: 7.43% Shares outstanding baseline: 90,448,984 shares +2 more

5 metrics

Beneficially owned shares 6,719,113 shares Total ordinary shares of MakeMyTrip Limited beneficially owned by GIC Private Limited

Ownership percentage 7.43% Percent of MakeMyTrip ordinary shares class beneficially owned by GIC

Shares outstanding baseline 90,448,984 shares Ordinary shares outstanding used to calculate GIC’s 7.43% stake

Sole voting/dispositive power 5,594,455 shares Shares over which GIC has sole voting and dispositive power

Shared voting/dispositive power 1,124,658 shares Shares over which GIC shares voting and dispositive power with MAS

Key Terms

beneficially owned, sole voting power, shared dispositive power, disclaims beneficial ownership, +1 more

5 terms

beneficially owned financial

"Amount beneficially owned: 6,719,113 (1), (2)"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole voting power financial

"Sole Voting Power 5,594,455.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

shared dispositive power financial

"Shared Dispositive Power 1,124,658.00"

disclaims beneficial ownership financial

"The GoS disclaims beneficial ownership of such shares."

Schedule 13G regulatory

"GIC’s ownership is reported on Schedule 13G as an institutional investor."

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What percentage of MakeMyTrip (MMYT) does GIC Private Limited report owning?

GIC Private Limited reports beneficial ownership of 7.43% of MakeMyTrip’s ordinary shares, based on 90,448,984 shares outstanding. This stake reflects a total of 6,719,113 shares, combining both sole and shared voting and dispositive powers.

How many MakeMyTrip (MMYT) shares does GIC Private Limited beneficially own?

GIC Private Limited beneficially owns 6,719,113 MakeMyTrip ordinary shares. It has sole power over 5,594,455 shares and shared power over 1,124,658 shares with the Monetary Authority of Singapore, according to its Schedule 13G filing.

How are GIC’s voting and dispositive powers over MakeMyTrip (MMYT) shares structured?

GIC has sole voting and dispositive power over 5,594,455 MakeMyTrip shares and shared voting and dispositive power over 1,124,658 shares with the Monetary Authority of Singapore, reflecting its investment management arrangements.

On what share count is GIC’s 7.43% MakeMyTrip (MMYT) ownership based?

The reported 7.43% ownership is calculated using 90,448,984 MakeMyTrip ordinary shares outstanding. This outstanding share figure comes from information referenced in a Form 20-F filed by MakeMyTrip and cited in GIC’s Schedule 13G.

What role do the Government of Singapore and MAS play in GIC’s MakeMyTrip (MMYT) holdings?

GIC manages funds for the Government of Singapore and the Monetary Authority of Singapore. It exercises sole discretion over 5,594,455 shares and shares power over 1,124,658 shares with MAS. The Government of Singapore disclaims beneficial ownership of these shares.

Does GIC Private Limited report being part of a group in its MakeMyTrip (MMYT) Schedule 13G?

GIC Private Limited explicitly disclaims membership in a group in the Schedule 13G. The filing states that GIC acts as a fund manager for its clients and does not treat its MakeMyTrip shareholdings as part of a coordinated group.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/13/2026 - 06:33 PM Accepted by SEC EDGAR 08/13/2026 - 06:33 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

MAKEMYTRIP LIMITED

(Name of Issuer)

Ordinary shares of $0.0005 each

(Title of Class of Securities)

V5633W109

(CUSIP Number)

08/10/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): V5633W109

1

Names of Reporting Persons

GIC Private Limited

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

SINGAPORE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 5,594,455.00
6	Shared Voting Power 1,124,658.00
7	Sole Dispositive Power 5,594,455.00
8	Shared Dispositive Power 1,124,658.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,719,113.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.43 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: The percentage presented herein is calculated based on 90,448,984 shares of Ordinary Shares outstanding. This calculation is derived from information provided in Form 20-F filed by the Issuer with the Securities and Exchange Commission on July 27, 2026.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: MAKEMYTRIP LIMITED
(b)	Address of issuer's principal executive offices: 19TH Floor, Building No.5, DLF Cyber City, Gurugram, India, 122002
Item 2.
(a)	Name of person filing: GIC Private Limited ("GIC")
(b)	Address or principal business office or, if none, residence: 168 Robinson Road #37-01 Capital Tower Singapore 068912
(c)	Citizenship: GIC Private Limited - Republic of Singapore
(d)	Title of class of securities: Ordinary shares of $0.0005 each
(e)	CUSIP Number(s): V5633W109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 6,719,113 (1), (2) (1) GIC is a fund manager and only has 2 clients - the Government of Singapore ("GoS") and the Monetary Authority of Singapore ("MAS"). Under the investment management agreement with GoS, GIC has been given the sole discretion to exercise the voting rights attached to, and the disposition of, any shares managed on behalf of GoS. As such, GIC has the sole power to vote and power to dispose of the 5,594,455 securities beneficially owned by it. GIC shares power to vote and dispose of 1,124,658 securities beneficially owned by it with MAS. GIC is wholly owned by the GoS and was set up with the sole purpose of managing Singapore's foreign reserves. The GoS disclaims beneficial ownership of such shares. (2) GIC disclaims membership in a group.
(b)	Percent of class: 7.43% (3) (3) The percentage presented herein is calculated based on 90,448,984 shares of Ordinary Shares outstanding. This calculation is derived from information provided in Form 20-F filed by the Issuer with the Securities and Exchange Commission on July 27, 2026.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 5,594,455 (1), (2)
	(ii) Shared power to vote or to direct the vote: 1,124,658 (1), (2)
	(iii) Sole power to dispose or to direct the disposition of: 5,594,455 (1), (2)
	(iv) Shared power to dispose or to direct the disposition of: 1,124,658 (1), (2)
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

GIC Private Limited

Signature:	/s/ Wong Hui Ping
Name/Title:	Wong Hui Ping, Senior Vice President
Date:	08/13/2026

Signature:	/s/ Lim Bee Peng
Name/Title:	Lim Bee Peng, Senior Vice President
Date:	08/13/2026