Oyo IPO
In A First, Softbank-backed OYO Turns Cash Flow-positive In Q4FY23
Banking - Published date: .
The firm expects to report adjusted Ebitda (earnings before interest, taxes, depreciation, and amortisation) of about Rs... Read more
IPO-bound OYO To Expand Its US Presence With Over 100 New Hotels This Year
Banking - Published date: .
New hotels planned in Oregon, Washington, Texas, Oklahoma, Georgia and Florida Read more
Oyo Pre-files DRHP With Sebi, Cuts Issue Size To $400-600 Million
Banking - Published date: .
The DRHP was filed under the confidential pre-filing route with a reduced issue size of $400-600 million, all of which w... Read more
Less Need For Capital Or Headwinds? OYO Plans To Cut IPO Size By Two-thirds
Banking - Published date: .
Agarwal projects 19% jump in FY23 revenue to Rs 5,700 crore Read more
IPO-bound OYO Looks To Double Number Of Premium Hotels In India This Year
Banking - Published date: .
The firm plans to add about 1800 premium hotels this year, with a focus on key business cities Read more
OYO Estimates Its Revenue To Be $751 Million In 2022-23: Ritesh Agarwal
Banking - Published date: .
Hospitality and travel-tech firm OYO estimates its revenue in 2022-23 to be USD 751 million on the back of which it expe... Read more
SoftBank Cuts Valuation Of IPO-bound Oyo To $2.7 Billion
World - Published date: .
SoftBank Group has slashed the valuation of Oyo Hotels on its books by more than 20% as once high-flying Indian startup ... Read more
Oyo IPO: Delhi HC Rejects Zostel's Petition For Stake In Firm
Banking - Published date: .
The root of the dispute between IPO bound Oyo and Zostel lies in a failed buyout deal 6 years ago, which Zostel claims w... Read more
Over 500 Employees, Ex-staff Of IPO-bound OYO Buy Around 30 Mn Shares
Banking - Published date: .
OYO had offered deeply discounted ESOPs to both current and former employees when the impact of COVID-19 led to pay cuts... Read more