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 secures board nod to file for IPO with stronger financial outlook: SourcesOyo has received board approval to pursue a fresh IPO filing, highlighting improved Q1 results and FY25 EBITDA of ₹1,100 crore. Bankers pro...
29 Aug, 2025, 05.20 PM 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
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
US drives a quarter of Oyo's FY25 revenue: Founder Ritesh Agarwal to leadersOyo's FY25 revenue landscape saw a significant shift with its US businesses, boosted by the G6 Hospitality acquisition, contributing 24% of...
25 Apr, 2025, 04.52 PM IST
Oyo elevates Sonal Sinha as CEO of newly acquired G6 HospitalityOyo has appointed Sonal Sinha as CEO of G6 Hospitality, the American motel company it recently acquired. This addition is expected to bring...
07 Mar, 2025, 03.11 PM IST
Oyo estimates Rs 1,100 crore PAT for FY26: Founder Ritesh AgarwalThe company expects Ebitda of Rs 2,000 crore for the same period, on the back of a strong top-line growth, buoyed by the recent Motel 6 acq...
05 Mar, 2025, 02.16 PM IST
Not Shimla or Manali, OYO’s Ritesh Agarwal surprised by the hill stations that took the lead in New Year bookingsOYO Rooms' founder, Ritesh Agarwal, has revealed that several lesser-known hill stations and spiritual destinations saw a dramatic surge in...
01 Jan, 2025, 02.11 PM IST
Ritesh Agarwal to invest Rs 550 crore to increase his shareholding in OyoOyo's CEO, Ritesh Agarwal, is increasing his stake in the company by purchasing an additional Rs 550 crore worth of shares. This move comes...
18 Nov, 2024, 10.19 AM IST
Oyo's share dips to Rs 55 despite strong second quarter profitsOyo's shares are currently trading at a discounted valuation despite the company reporting strong financial performance and projecting sign...
16 Nov, 2024, 01.12 PM IST
Oyo's GBV reached Rs 10,700 crore in FY24, co reports first time PAT of Rs 229 cr for last fiscalAs per new filings accessed by ET, Oyo's hotel count grew from 12,938 hotels at the end of financial year 2023 to 18,103 at the end of fina...
10 Sep, 2024, 05.25 PM IST
Ankit Gupta, Mandar Vaidya move on from Oyo"We are proud of their achievements at Oyo and are thankful for their leadership. Both roles were already transitioned six months ago to Va...
06 Sep, 2023, 12.42 PM IST
Oyo clocked adjusted ebitda of Rs 175 crore in Q1, CEO Ritesh Agarwal tells employeesOyo had reported its maiden EBITDA positive quarter in an addendum filed with Sebi for its IPO reporting a Rs 7 crore adjusted EBITDA in qu...
31 Jul, 2023, 03.40 PM IST
Oyo to refile updated DRHP with Sebi by mid-FebThe company had filed its draft red herring prospectus (DRHP) for the IPO with Sebi in September 2021 and is aiming to raise Rs 8,430 crore...
18 Jan, 2023, 10.52 AM IST
Oyo IPO likely to get delayed by a quarter as SEBI seeks refiling with updated informationOyo has been asked to update information such as updated risk factors, key performance indicators (KPIs), outstanding litigations and basis...
31 Dec, 2022, 05.49 PM IST
Oyo likely to lay off 2,000 people by January endDivisions like sales, supply and operations will account for a chunk of the layoffs, sources said.
20 Dec, 2019, 09.14 AM IST
OYO cuts losses to Rs 325 cr in FY17The SoftBank-backed company also said in the quarter ended June, it posted its highest grossing months with total booking value touching ne...
29 Jul, 2017, 08.48 PM IST