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Oyo

OYO
Legislation News 

OYO sets mid-February refiling deadline to pursue IPO completion

26th January 2023 Paul Stevens draft red herring prospectus, India, IPO, Oyo, Sebi

India: Hospitality chain OYO is planning to refile its draft red herring with the Securities Exchange Board of India [Sebi] by mid-February, as it continues to plot the path ahead for its planned initial public offering [IPO].

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OYO
Investment News 

OYO IPO set for further delay in 2023

3rd January 2023 Paul Stevens India, IPO, Oyo, Ritesh Agarwal, Sebi

India: The proposed initial public offering [IPO] for Indian hospitality chain OYO is set to be delayed once again after the national capital markets regulator asked its parent company to refile its draft IPO papers with certain updates.

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OYO
Movers and Shakers News 

OYO to lay off 600 employees in pre-IPO restructuring

5th December 2022 Paul Stevens IPO, Layoffs, Oyo, Ritesh Agarwal

India: Hospitality chain OYO has announced that it will lay off around 600 employees across its product and engineering teams, affecting close to ten per cent of the company’s 3700-strong employee base worldwide.

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OYO
Investment News 

OYO steps up plans to resurrect IPO in early 2023

22nd September 202222nd September 2022 Paul Stevens Bornholmske Feriehuse, Direct Booker, EBITDA, IPO, Oyo, OYO Vacation Homes, Ritesh Agarwal, SoftBank

India: Hospitality chain OYO is reportedly ready to resurrect its plans to debut on the stock market through an initial public offering [IPO] by as early as January 2023.

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OYO
Guest and property management News 

OYO purchases Bornholmske Feriehuse in Denmark

9th August 2022 Paul Stevens Anne Hougaard Jensen, Bornholmske Feriehuse, Denmark, H.E. Freddy Svane, India, Invest in Denmark, Oyo, OYO Vacation Homes, Rasmus Land, Ritesh Agarwal

Denmark: OYO Vacation Homes has acquired Nordic-based holiday home operator Bornholmske Feriehuse through its subsidiary Danish rental brand DanCenter.

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OYO
Investment News 

OYO puts IPO plans on hold until at least September

26th May 2022 Paul Stevens Ashutosh Sharma, India, IPO, Oyo, Ritesh Agarwal

India: Hospitality unicorn OYO is said to be putting its IPO plans on hold to until at least September in a bid to ride out the volatility of the pandemic-affected markets.

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OYO
Guest and property management Investment News 

OYO purchases Direct Booker in $5.5m transaction

9th May 2022 Paul Stevens Ankit Tandon, Croatia, Direct Booker, Dr Mandar Vaidya, India, Nikola Dubretic, Nino Dubretic, Oyo

Croatia: Indian hospitality unicorn OYO has announced the acquisition of Dubrovnik-based vacation rental franchise agency Direct Booker for $5.5 million.

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OYO
Investment News 

OYO rumoured to be revising 2022 IPO plans

21st March 202220th March 2022 Paul Stevens Ankit Gupta, Ankit Tandon, Dr Mandar Vaidya, India, IPO, Oyo, Rohit Kapoor, SoftBank

India: SoftBank-backed lodging startup OYO is considering revising its planned initial public offering [IPO].

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OYO
Investment News 

OYO targets $9bn valuation before imminent IPO

18th January 2022 Paul Stevens India, IPO, Oyo, Ritesh Agarwal, SoftBank

India: Hospitality chain OYO has reportedly set a target valuation of $9 billion for its upcoming initial public offering [IPO].

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OYO
Investment News 

OYO set to file for $1.2bn IPO next week

23rd September 2021 Paul Stevens India, IPO, Mumbai, Oyo, Ritesh Agarwal

India: SoftBank-backed hospitality startup OYO is preparing to file for its long-awaited initial public offering [IPO] as soon as next

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