OYO Eyes Third IPO Attempt After Record ₹623 Cr Profit
In a significant development, hospitality firm OYO is preparing to file its initial public offering (IPO) papers with the Securities and Exchange Board of India (SEBI) between August and September 2025, targeting a whopping $6–7 billion valuation. This ambitious move comes on the heels of the company’s impressive financial performance in FY25, which saw it rake in a record profit of ₹623 crore, representing a staggering 172% year-on-year increase.
OYO’s decision to go public for the third time is a testament to its unwavering commitment to growth and expansion. The company’s previous attempts at IPOs, in 2020 and 2021, were met with significant interest from investors, but were ultimately put on hold due to market volatility and regulatory hurdles.
The latest development is likely to be a welcome relief for OYO’s investors, who have been eagerly awaiting the company’s IPO plans. The Delhi High Court’s recent ruling in OYO’s favour in its dispute with Zostel has also cleared the way for the company to move forward with its IPO plans. In the ruling, the court dismissed Zostel’s claim for 7% equity in OYO, paving the way for the company to focus on its IPO preparations.
OYO’s impressive financial performance in FY25 is a significant factor in its decision to go public. The company’s profit of ₹623 crore is a remarkable 172% increase from the previous year, indicating a strong growth trajectory. This is likely to have boosted investor confidence in the company, making it an attractive proposition for those looking to invest in the hospitality sector.
The hospitality industry has been experiencing a resurgence in recent years, driven by increased travel demand and a growing appetite for experiential travel. OYO has been at the forefront of this trend, leveraging its vast network of properties across India and Southeast Asia to cater to the evolving needs of travelers.
OYO’s IPO plans are likely to be closely watched by investors and industry observers alike. The company’s valuation of $6–7 billion is ambitious, but not unrealistic given its impressive growth trajectory and dominant position in the hospitality industry. If successful, OYO’s IPO would be one of the largest in India’s startup ecosystem, providing a significant boost to the country’s capital markets.
The IPO process is likely to be a complex and time-consuming affair, involving extensive due diligence, regulatory approvals, and investor outreach. OYO will need to file its IPO papers with SEBI, which will then review them to ensure compliance with regulatory requirements. The company will also need to conduct extensive investor outreach and marketing efforts to attract investors and build support for its IPO.
OYO’s decision to go public is likely to have significant implications for the hospitality industry as a whole. The company’s IPO could pave the way for other startups in the sector to follow suit, providing a much-needed influx of capital and fueling innovation and growth.
In conclusion, OYO’s plans to file its IPO papers with SEBI between August and September 2025 are a significant development in the hospitality industry. The company’s impressive financial performance, combined with its dominant position in the market, make it an attractive proposition for investors. As the company prepares to go public for the third time, investors and industry observers alike will be eagerly watching its progress, hoping for a successful IPO that could have significant implications for the sector as a whole.
Source: https://startuptalky.com/news/oyo-set-to-file-ipo-papers-by-september/
