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
Oyo speeds up IPO plans as founder’s debt repayment date loomsOyo Hotels is accelerating its IPO plans as a significant debt repayment deadline looms. Creditors demand founder Ritesh Agarwal settle $38...
04 Mar, 2025, 11.53 AM IST
OYO estimates EBITDA to cross Rs 2,000 cr in FY26 with Motel 6 acquisitionOYO's EBITDA is projected to exceed Rs 2,000 crore by 2025-26, driven by the acquisition of Motel 6. The travel tech company expects Motel ...
24 Sep, 2024, 02.00 PM IST
FHRAI writes to Sebi to stop OYO from launching IPO after CCI penaltyThe hospitality industry body alleged that "OYO is responsible for the systemic depredation of the budget segment hotel business and its ma...
15 Nov, 2022, 09.35 PM IST
CCI fines MakeMyTrip, Oyo for anti-competitive conductThe Competition Commission of India (CCI) has been investigating the companies since 2019 following allegations by a hotel body that MakeMy...
19 Oct, 2022, 08.20 PM IST
SoftBank cuts Oyo’s valuation to $2.7 billion ahead of planned IPOThe Japanese investor’s latest valuation of Oyo – as of June quarter – is based on comparison to similar firms in the public markets, peopl...
22 Sep, 2022, 10.19 PM IST
SoftBank-backed Oyo seeks to resurrect IPO after growth resumesOyo and founder Ritesh Agarwal are trying to pull off a successful IPO after a series of setbacks in their efforts to change the hotel and ...
19 Sep, 2022, 11.12 AM IST
Oyo said to shelve plans for IPO in 2022The Gurgaon-headquartered company, which filed preliminary IPO documents last year, is seeking regulatory permission to update its draft pr...
24 May, 2022, 07.19 PM IST
FHRAI urges SEBI to reject Oyo IPO citing irregularitiesFHRAI had previously raised concerns about significant inaccuracies and inadequate disclosures in Oyo's Draft Red Herring Prospectus (DRHP).
12 May, 2022, 07.41 PM IST
Oyo is said to target $9-billion valuation in IPOThe valuation Oyo is targeting would be lower than the $12 billion initially reported last year and probably lower than the $10 billion lev...
17 Jan, 2022, 07.59 PM IST
FHRAI urges Sebi again to suspend OYO's IPO processEarlier in October, FHRAI had urged Sebi to suspend OYO's IPO process, drawing attention to irregularities, such as being engaged in anti-c...
17 Dec, 2021, 12.08 AM IST
Oyo IPO details: The DRHP, decodedOyo Hotels & Homes, officially called Oravel Stays Ltd, plans to raise Rs 8,430 crore in an initial public offering (IPO), draft papers of ...
01 Oct, 2021, 06.27 PM IST
Oyo Rooms files DRHP for Rs 8,430 crore mega IPOOnline food delivery firm Zomato, in July, made a stellar debut on the bourses here setting the stage for domestic startups to ride on the ...
01 Oct, 2021, 12.34 PM IST
Founder Ritesh Agarwal unlikely to offload any stake in Oyo IPOOyo is looking to raise $1-1.2 billion in its upcoming IPO at a valuation of $12-15 billion. Existing investors are likely to sell some sta...
24 Sep, 2021, 08.03 PM IST
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...
23 Sep, 2021, 03.15 PM IST
Oyo said to file for $1.2-billion IPO next weekOyo is looking to list in Mumbai and its IPO is tentatively pegged at between $1 billion and $1.2 billion. It will consist of a fresh issue...
23 Sep, 2021, 10.12 AM IST
Oyo aims for India IPO in 2021Internally, the hospitality company has set a timeline of September for filing its IPO prospectus and wants to be a public company before t...
09 Aug, 2021, 10.00 PM IST