OYO Eyes Third IPO Attempt After Record ₹623 Cr Profit
In a significant development, hospitality firm 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. This move marks the company’s third attempt at going public, with a target valuation of $6-7 billion. The announcement comes on the back of a record profit of ₹623 crore (approximately $85 million) in the financial year 2025, representing a whopping 172% year-on-year increase.
OYO’s decision to file its IPO papers is a testament to the company’s continued growth and success in the hospitality industry. Founded in 2013 by Ritesh Agarwal, OYO has revolutionized the way people book and stay in hotels, apartments, and other accommodations. The company’s innovative approach to hospitality has enabled it to expand its operations to over 80 countries, with a presence in more than 5,000 cities worldwide.
The Delhi High Court recently ruled in OYO’s favour in its dispute with Zostel, dismissing the latter’s claim to 7% equity in the company. This development has cleared the way for OYO to focus on its IPO plans, which are expected to generate significant interest and investment from global markets.
OYO’s IPO plans are significant not just for the company but also for the Indian startup ecosystem. If successful, the IPO is likely to set a new benchmark for valuations and returns for Indian startups. OYO’s valuation of $6-7 billion is equivalent to around ₹45,000-50,000 crore, making it one of the largest IPOs in India’s history.
The company’s financial performance has been impressive, with revenue growing by 70% year-on-year to ₹3,400 crore in FY25. OYO’s profit growth has been even more impressive, with a 172% increase in profit to ₹623 crore. This growth is attributed to the company’s focus on expanding its presence in new markets, improving its operational efficiency, and increasing its revenue per available room (RevPAR).
OYO’s IPO plans are expected to be a major boost to the Indian startup ecosystem, which has been facing challenges in recent years. The startup ecosystem has been facing a funding crunch, with many companies struggling to raise capital from investors. OYO’s successful IPO is likely to set a new benchmark for valuations and returns for Indian startups, making it easier for them to raise capital and grow their businesses.
The company’s IPO plans are also significant for the hospitality industry, which has been facing challenges in recent years. The COVID-19 pandemic had a significant impact on the hospitality industry, with many hotels and restaurants struggling to stay afloat. OYO’s successful IPO is likely to bring much-needed investment and attention to the industry, which is expected to recover strongly in the coming years.
OYO’s IPO plans are expected to be a major attraction for investors, who are looking for opportunities to invest in growth-stage companies. The company’s strong financial performance, expanding presence in new markets, and improving operational efficiency make it an attractive investment opportunity.
In conclusion, OYO’s plans to file its IPO papers with SEBI between August and September 2025 are significant news for the hospitality industry and the Indian startup ecosystem. The company’s record profit of ₹623 crore in FY25, marking a 172% year-on-year increase, is a testament to its continued growth and success. OYO’s IPO plans are expected to set a new benchmark for valuations and returns for Indian startups, making it easier for them to raise capital and grow their businesses.
Source: https://startuptalky.com/news/oyo-set-to-file-ipo-papers-by-september/
