OYO Eyes Third IPO Attempt After Record ₹623 Cr Profit
In a major development, hospitality giant OYO is planning to file its initial public offering (IPO) papers with the Securities and Exchange Board of India (SEBI) between August and September 2025. The move comes on the back of a remarkable ₹623 crore profit in the fiscal year 2025, marking a staggering 172% year-on-year increase.
This will be OYO’s third attempt at going public, following its previous attempts in 2020 and 2021. The company is targeting a valuation of $6-7 billion in its upcoming IPO. The news comes as a significant boost to the Indian hospitality sector, which has been grappling with the challenges of the pandemic.
OYO’s impressive financial performance is a testament to the company’s resilience and adaptability. Despite the pandemic-induced disruptions, OYO has managed to scale its operations and expand its presence across the globe. The company’s ability to navigate the challenges and emerge stronger is a testament to its robust business model and strong leadership.
In related news, the Delhi High Court recently ruled in OYO’s favour in its dispute with Zostel, dismissing the latter’s 7% equity claim. The dispute, which dates back to 2017, involved a claim by Zostel that OYO had breached the terms of their agreement. The court’s ruling is a significant victory for OYO, which can now focus on its IPO plans without any distractions.
OYO’s IPO plans have been in the works for some time now. The company had filed its draft red herring prospectus (DRHP) with SEBI in 2020, but the IPO was put on hold due to market volatility and other factors. The company had also attempted to go public in 2021, but the plan was scrapped due to the ongoing pandemic.
However, it seems that OYO is now ready to take the plunge. The company’s impressive financial performance and its strong market position make it an attractive investment opportunity for investors. With a presence in over 80 countries and a network of over 100,000 hotels, OYO is well-positioned to capitalize on the growing demand for hospitality services.
The hospitality industry has been undergoing significant changes in recent years, driven by shifts in consumer behavior and technological advancements. OYO has been at the forefront of these changes, leveraging its technology platform to offer a seamless and personalized experience to its guests.
The company’s success can be attributed to its ability to adapt to changing market conditions and its focus on innovation. OYO has been investing heavily in its technology platform, which enables it to offer a range of services, including hotel booking, payment processing, and customer relationship management.
In addition to its technology platform, OYO has also been focusing on expanding its presence in new markets. The company has been actively pursuing strategic partnerships and acquisitions, which have enabled it to enter new markets and expand its customer base.
OYO’s plans to file its IPO papers with SEBI between August and September 2025 are a significant development in the Indian hospitality sector. The company’s impressive financial performance and strong market position make it an attractive investment opportunity for investors.
As OYO prepares to go public, the company will be looking to raise funds to fuel its growth plans. The IPO is expected to be a major milestone for the company, which will enable it to further expand its operations and increase its presence in new markets.
In conclusion, OYO’s plans to file its IPO papers with SEBI are a significant development in the Indian hospitality sector. The company’s impressive financial performance and strong market position make it an attractive investment opportunity for investors. With a presence in over 80 countries and a network of over 100,000 hotels, OYO is well-positioned to capitalize on the growing demand for hospitality services.
Source: https://startuptalky.com/news/oyo-set-to-file-ipo-papers-by-september/
