OYO Eyes Third IPO Attempt after Record ₹623 Cr Profit
In a significant development, hospitality firm OYO is gearing up to file its initial public offering (IPO) papers with the Securities and Exchange Board of India (SEBI) between August and September 2025. This move comes after the company recorded a staggering profit of ₹623 crores in the financial year 2025, marking a 172% year-on-year increase. The Delhi High Court’s recent ruling in OYO’s favor in its dispute with Zostel, dismissing the latter’s 7% equity claim, has also cleared the way for the company’s IPO plans.
OYO’s decision to go public for the third time is a testament to the company’s rapid growth and success in the hospitality sector. In its previous attempts, OYO filed its IPO papers in 2019 and 2020, but had to defer the plans due to market volatility and regulatory issues. However, the company’s latest financial performance has provided a strong foundation for its third attempt at an IPO.
The IPO is expected to value OYO at $6-7 billion, making it one of the most anticipated listings in the Indian startup ecosystem. The company’s plans to raise funds through the IPO will be used to fuel its growth strategy, expand its presence in new markets, and invest in technology and talent acquisition.
OYO’s remarkable profit growth in FY25 can be attributed to its successful expansion strategy, which has seen the company enter new markets and increase its presence in existing ones. The company’s focus on technology-led services, such as its proprietary platform for hotel management, has also contributed significantly to its growth.
In addition to its impressive financial performance, OYO’s dispute with Zostel has also been resolved in its favor. The Delhi High Court’s ruling dismissed Zostel’s claim to 7% equity in OYO, bringing an end to a long-standing dispute between the two companies. This development has cleared the way for OYO to focus on its IPO plans, which are expected to be filed with SEBI in the coming months.
OYO’s IPO plans have generated significant excitement in the startup ecosystem, with investors and analysts alike eagerly awaiting the company’s listing. The company’s valuation is expected to be one of the highest for an Indian startup, making it a significant event in the country’s startup history.
The success of OYO’s IPO will also have a ripple effect on the Indian startup ecosystem, providing a boost to the country’s startup funding landscape. The company’s listing will also provide a benchmark for other startups looking to go public in the future.
In conclusion, OYO’s decision to file its IPO papers with SEBI is a significant development in the Indian startup ecosystem. The company’s impressive financial performance, successful expansion strategy, and resolution of its dispute with Zostel have all contributed to its decision to go public. With a valuation of $6-7 billion, OYO’s IPO is expected to be one of the most anticipated listings in the country’s history.
Source: https://startuptalky.com/news/oyo-set-to-file-ipo-papers-by-september/
