IPO-bound Oyo to consider 1:1 bonus issue; unlisted shares rise 25% in 1 monthOravel Stays Ltd (Oyo), gearing up for its IPO, has revealed that its board will deliberate on issuing bonus shares at a ratio of 1:1. This...
05 Sep, 2025, 10.56 AM IST
Oyo's board approves IPO planHospitality chain Oyo, backed by a board including industry veterans, is preparing for a fresh IPO filing after two previous attempts were ...
29 Aug, 2025, 04.32 PM IST
Third time lucky? Oyo set to file draft prospectus for IPO in NovemberThe SoftBank-backed company has seen signs of profitability in recent quarters, leading to a renewed push for its public listing. Market so...
25 Aug, 2025, 02.09 PM IST
5 banks to present Oyo's IPO plans to SoftBank in London meetingOyo is gearing up for a potential IPO, engaging with investment banks like Goldman Sachs and ICICI Securities to present strategies to Soft...
29 May, 2025, 01.43 PM IST
Oyo puts off third IPO attempt after SoftBank takes issueOyo Hotels has postponed its India listing plans for October. SoftBank disagreed with the IPO plan, asking for stronger earnings first. Oyo...
02 May, 2025, 04.50 PM IST
Hospitality startup Oyo readying to file IPO papers in first quarterAfter two previously shelved attempts, the hospitality company Oyo is reviving its initial public offering (IPO) plans, aiming to file draf...
20 Jan, 2025, 10.45 AM IST
Oyo registers Rs 158 crore net profit in July-Sept quarterThe hospitality company had made a loss of Rs 50 crore in the same period last year. Its emphasis on premiumisation through the launch of c...
24 Oct, 2024, 07.38 PM IST
SoftBank's Sumer Juneja to join Oyo boardSumer Juneja will join Oravel Stays Ltd as non-executive director, pending EGM approval, representing SoftBank Vision Fund. OYO, backed by ...
14 Jul, 2024, 04.32 PM IST
Oyo withdraws IPO application, opts for private funding at 70% valuation cutHospitality company Oyo has withdrawn its draft IPO papers for the second time, which it had filed in March 2023.
22 May, 2024, 08.00 PM IST
Oyo may back out of IPO plan, opt for private raiseIn a response to emailed queries by ET, Oyo said the information is inaccurate. Oyo’s first public offer filing was returned by the markets...
14 Feb, 2024, 05.29 PM IST
Oyo talking to Apollo for $660 million refinance as IPO delayedOravel Stays Pvt, as Oyo’s parent company is known, is seeking to extend maturity to five years compared with the existing 2026 deadline, o...
05 Oct, 2023, 07.13 PM IST
Oyo tells employees it turned cash flow positive in Q4 2023Sources said the positive cash flow trajectory is expected to continue into the first quarter of FY2024. The company’s cash corpus on the b...
27 Apr, 2023, 02.53 PM IST
Expect first full year of Ebitda profitability, Oyo tells employeesThe hospitality chain had reported an adjusted Ebitda of Rs 63 crore in the first half of FY23 (H1FY23) according to previous filings with ...
27 Jan, 2023, 06.25 PM IST
1 mn bookings done on NYE weekend, OYO CEO Ritesh Agarwal braces himself for an eventful 2022The OYO bookings made on the same day for New Year's eve in 2021 was 58 per cent.
11 Jan, 2022, 10.21 PM IST
Ritesh Agarwal says the only thing that matters on the journey to success is one's experience with failuresThe 27-yr-old is often asked this question by young founders.
12 Apr, 2021, 06.34 PM IST
Oyo squashes rumours of bankruptcy following an NCLT order"The creditors of Oyo Hotels & Homes are hereby called upon to submit their claims before April 15 to the interim resolution professional,"...
08 Apr, 2021, 09.44 AM IST
OYO Hotels & Homes strengthens its global leadership teamAmong those who have been promoted and hired are Ayush Mathur who is now the chief supply officer (Global), Ankit Mathuria as Chief Technol...
29 Jan, 2021, 11.39 AM IST