Travel Portal Visitors in April 2011
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IRCTC 8.3 million
Makemytrip 3.8 million
Yatra.com 3.5 million
cleartrip.com 2.1 million
Makemytrip.com, the only listed company among the above four, commands a market cap of $810 million on NYSE.
If IRCTC is listed in India, it might command a market cap of over $2.5 Billion, as it has almost 3 times viewership than Makemytrip.com
Both Cleartrip and yatra.com are mulling options to capitalize on the travel boom and we might see listing of these companies in some time.
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