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ORAVEL STAYS LIMITED
Fitch revises PRISM’s outlook to positive, cites improving leverage and stronger cash generationFitch Ratings has revised Oyo parent PRISM’s outlook to Positive from Stable while affirming its ‘B’ ratings, citing improving leverage, st...- Oyo IPO: How real is Oyo parent PRISM’s Rs 748 crore net profitOyo IPO: PRISM, formerly Oravel Stays, has reported a Rs 748 crore profit for the nine months ending December 31, 2025, a significant turna...
- India's youngest self-made billionaire is looking for a room on D-StreetA teenager once pitched ₹30 lakh for a slice of his startup and mostly got no for an answer. That same idea now heads toward the public mar...
- Oyo rebrands corporate name to PRISM to reflect global expansionOravel Stays Limited, known as Oyo, has rebranded to PRISM, reflecting its evolution into a diversified global travel-tech, hospitality, an...
- OYO to file DRHP in November, targets $7-8 billion IPO valuation: ReportOYO, the global travel tech firm, is planning to file its Draft Red Herring Prospectus in November. The company is expecting a valuation of...
- Oyo's valuation at $4.6 billion after Nuvama Wealth acquires Rs 100 crore stakeOyo's valuation reached $4.6 billion after Nuvama Wealth's recent share acquisition. Founder Ritesh Agarwal also bought back shares. The co...
- Moody's upgrades OYO parent Oravel Stays rating; outlook stableMoody's Ratings has upgraded the corporate family rating (CFR) of Oravel Stays Limited -- travel tech platform OYO's parent firm -- and the...
- Deutsche Bank to refinance Oyo's Term Loan BOyo is refinancing its $450 million debt and adding $375 million to acquire G6 Hospitality. Moody's upgraded Oyo's rating to B2, projecting...
- Oyo parent, Oravel launch premium hotels in UK & Middle EastOyo's parent company, Oravel Stays Limited, launched its premium hotel brand, SUNDAY, in the UK and Dubai. The UK property, a restored hist...
- M3M India sighs MoU with parent company of Oyo to expand Sunday hotel across IndiaRealty developer M3M India and Oravel Stays, the parent company of OYO Hotels & Homes, have signed an MoU to expand the Sunday hotel brand ...
- SUNDAY Hotel to open 25 premium hotels in India in by March 2025SUNDAY Hotels, a premium brand of hotels was originally launched in May 2023 through a joint venture between the Softbank Group and Oravel ...
- H World Group sells 19% of its total stake in Oyo in private market, makes a return of 500%This transaction translates to a 0.15% stake sale of H World Group on a fully diluted basis. Before the share sale, H World Group held a 0....
- Fitch revises outlook on Oyo's IDRs to positive from stableFitch said it has also affirmed the rating on the $660 million senior secured term loan facility due 2026, issued by Oyo's fully owned subs...
- Moody's expects Oyo to generate positive Ebitda for FY24Moody's also said on Monday it has affirmed Oravel Stay Limited’s (Oyo’s) B3 corporate family rating (CFR) as well as the B3 rating of the ...
- IPO-bound Oyo gets in-principle listing approval from BSE, NSEIndian stock exchanges typically provide such go-aheads in advanced stages of the IPO approval process, thus signalling that the regulatory...
- Oyo Hotels may file draft red herring prospectus next week for $1 billion IPOThe IPO, tentatively pegged at between $1 billion and $1.2 billion, will consist of a fresh issue of shares and an offer for sale (OFS) fro...
- Oyo adds 20 cr shares to existing ESOP pool, expands employee stock options to 63 cr sharesPeople familiar with the matter said over 80 per cent of current employees at Oyo have been granted ESOPs and around 12,000 current and for...
- Expert finds a backdoor in Oyo’s data security systemsOyo said the vulnerability was limited to a single property and was fixed immediately.
- HC restrains hoteliers associations from boycotting OYOThe court noted that OYO has an appropriate agreement with other hoteliers and service providers and the associations act of calling for bo...
- Startup Wars: Oyo Rooms vs Zostel case gets murkier in Delhi High CourtZostel recently launched Zo Rooms, which rival hotel rooms aggregation start-up Oyo Rooms alleged is based upon copied data.
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