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, aiming for a valuation of $6-7 billion. This decision comes on the back of a record profit of ₹623 crore in FY25, marking a staggering 172% year-on-year increase.
OYO’s decision to go public for the third time is a testament to the company’s remarkable growth and stability in the competitive hospitality industry. The company’s IPO plans have been in the works for some time, with OYO’s founders, Ritesh Agarwal and Rohit Agarwal, having expressed their intention to take the company public in the near future.
The Delhi High Court’s recent ruling in OYO’s favour in its dispute with Zostel has also given the company a boost, dismissing the latter’s 7% equity claim. This decision has cleared the way for OYO to focus on its IPO plans, which are expected to be one of the largest in the country in recent years.
OYO’s IPO plans are being seen as a major move by the company to raise funds and take its growth to the next level. With a valuation of $6-7 billion, the IPO is expected to be one of the biggest in the Indian startup ecosystem, surpassing even some of the top unicorns in the country.
The company’s IPO plans are being seen as a major milestone in the Indian hospitality industry, which has been growing rapidly in recent years. With OYO’s entry into the public markets, the company is expected to increase its visibility and credibility, making it an attractive option for investors and customers alike.
OYO’s decision to go public is also seen as a major validation of the company’s business model, which has been successful in disrupting the traditional hotel industry. The company’s aggressive expansion strategy, which has seen it acquire and partner with numerous hotels and brands, has been instrumental in its growth and success.
The company’s IPO plans are also expected to create a buzz in the startup ecosystem, with many startups and entrepreneurs looking to raise funds and take their companies public. OYO’s success in raising funds and going public is seen as a major inspiration for other startups, who are looking to follow in its footsteps.
In addition to its IPO plans, OYO has also been focusing on expanding its offerings and services. The company has been investing heavily in its technology and infrastructure, which has enabled it to improve its customer experience and increase its operational efficiency.
OYO’s expansion plans are also expected to create a significant number of jobs, both directly and indirectly. The company’s aggressive expansion strategy is expected to create a significant demand for hospitality services, which is expected to lead to an increase in employment opportunities in the industry.
In conclusion, OYO’s decision to file its IPO papers with SEBI is a significant development in the Indian startup ecosystem. With a record profit of ₹623 crore in FY25 and a valuation of $6-7 billion, OYO’s IPO is expected to be one of the biggest in the country in recent years. The company’s success in going public is seen as a major validation of its business model and a major inspiration for other startups and entrepreneurs.
Source: https://startuptalky.com/news/oyo-set-to-file-ipo-papers-by-september/
