OYO pre-files draft paper for IPO; likely to list around Diwali: Report
1 year, 8 months ago

OYO pre-files draft paper for IPO; likely to list around Diwali: Report

Live Mint  

Oravel Stays - which operates hospitality tech firm OYO - on Friday pre-filed its Draft Red Herring Prospectus with stock market regulator Sebi, sources said. Sources close to the company told PTI OYO may launch its initial public offering around Diwali this year. This route also provides flexibility to change primary issue size by 50 per cent till the Updated Draft Red Herring Prospectus stage. OYO's last submission to the Securities and Exchange Board of India, in November 2022, was of its updated financial results for the first half of financial year 2022-23, claiming that potential investors need to be made aware of the material uptick in its business performance since its initial IPO application in September 2021.

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History of this topic

Oyo to refile draft papers with SEBI for IPO by next month; details here
1 year, 11 months ago

Oyo to refile draft papers with SEBI for IPO by next month; details here

Firstpost  

Oyo has notified that it is going to refile its draft initial public offering documents by mid-February this year. Initially, Oyo had filed its draft papers with SEBI in September 2021 for a public issue of Rs 8,430 crore. The hospitality chain wrote to SEBI in May last year for revising its financials, delaying its initial public offering beyond September …

A slimmed-down Oyo looks better placed for an IPO
2 years, 3 months ago

A slimmed-down Oyo looks better placed for an IPO

Live Mint  

Oyo Hotels & Homes has shelved some of its grand overseas ambitions. If the recovery in budget travel, which is Oyo’s bread and butter, can gain a bit of steam, the company would be relatively well placed for a public listing, even in a tough market. In its preliminary IPO filing with Indian market regulators last year, Oyo said it …

OYO IPO Plans in the Works Again as Company Files Fresh Documents with Sebi; Details Here
2 years, 3 months ago

OYO IPO Plans in the Works Again as Company Files Fresh Documents with Sebi; Details Here

News 18  

Travel-tech startup OYO Hotels is reviving its plans to launch its initial public offering, which was supposed to open this year, as it reduces its losses through cost-cutting measures and a recovering travel industry post-pandemic. The SoftBank-backed company filed fresh financial documents with markets regulator Sebi on Monday as it aims for an early 2023 IPO launch. As per a …

OYO to file Rs 8,430 crore IPO soon; gets listing nod from BSE, NSE
2 years, 11 months ago

OYO to file Rs 8,430 crore IPO soon; gets listing nod from BSE, NSE

Firstpost  

The offering will consist of a fresh issue of shares of up to Rs 7,000 crore and an offer-for-sale of as much as Rs 1,430 crore New Delhi: Oravel Stays Limited, the parent company of travel-tech firm OYO, has received in-principle approval from BSE and NSE to list on the respective bourses, sources said. OYO has filed preliminary documents for …

LIC, SBI Mutual Funds, OYO and More: Top 5 IPOs You Should Watch Out for This Year
2 years, 11 months ago

LIC, SBI Mutual Funds, OYO and More: Top 5 IPOs You Should Watch Out for This Year

News 18  

IPOs to Watch Out for in 2022: The year 2021 was a golden year for companies who floated their initial public offerings or IPOs, many of which saw stellar listings at the Dalal Street. The recent IPO boom in India is expected to get carried forward to the new year 2022, with more and more key companies joining the list …

SoftBank-backed Oyo files draft papers for $1.14 billion IPO
3 years, 2 months ago

SoftBank-backed Oyo files draft papers for $1.14 billion IPO

Hindustan Times  

SoftBank-backed Indian hotel aggregator Oyo filed for a $1.14 billion initial public offering on Friday, becoming the first hospitality company in the country to seek a domestic stock listing since 2019. According to Oyo's draft herring prospectus, the offer for sale comprises equity shares aggregating up to 13.29 billion rupees by SVF India Holdings, a firm incorporated in Cayman Islands …

Oyo appoints banks for IPO, set to file draft papers in Oct
3 years, 3 months ago

Oyo appoints banks for IPO, set to file draft papers in Oct

Live Mint  

Hospitality unicorn Oyo Hotels & Homes has appointed bankers and lead book managers for its domestic public listing, and is expected to file its draft red herring prospectus by mid-October, three persons aware of the discussion told Mint. The company has appointed Kotak Mahindra Capital, Citigroup, ICICI Securities, Nomura and Bank of America as lead book managers for the public …

Oyo likely to file for ₹8,000 crore IPO next week
3 years, 3 months ago

Oyo likely to file for ₹8,000 crore IPO next week

Live Mint  

SoftBank Group-backed Indian hospitality startup Oyo Hotels and Rooms is expected to file for an initial public offering next week to raise around $1 billion, a source told Reuters on Thursday. The hotel aggregator is looking to list in India's financial capital of Mumbai and its IPO is tentatively pegged at between $1 billion and $1.2 billion, adding it will …

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