WebOct 1, 2024 · market Oct 1, 2024 12:18 PM IST. Hospitality firm OYO Rooms has filed a draft red herring prospectus (DRHP) with market regulator SEBI to raise Rs 8,430 crore by floating an initial public offering (IPO). With that, SoftBank-backed OYO became the first hospitality company in India to seek a market listing since 2024.
Upcoming IPOs In September 2024: Profit From Public Offers
WebAug 31, 2024 · Oravel Stays IPO. Oravel Stays, also known as OYO Rooms, filed its prospectus in October 2024. The prospectus got approval in January 2024. According to the prospectus, the company plans to issue fresh capital of ₹ 70 bn. The other Rs 14.3 bn will be through stake sales by investors. The IPO is expected to launch sometime in 2024. WebMay 9, 2024 · Oyo has filed its Draft Red Herring Prospectus (DRHP) along with the details of its upcoming IPO round on October 1, 2024. The hospitality giant is looking to raise around Rs 8430 crores, which will be consisting of an offer for sale (OFS) of Rs 1,430 crores and a fresh issue worth 7,000 crores. one community angela hughey
Oyo Rooms
WebSep 24, 2024 · The hospitality firm is aiming to raise an amount to the tune of USD 1.2 Billion or around Rs 8,000 crore through the IPO, according to a PTI report. IPO-Bound Oyo To Fire 600 Employees, And Hire ... WebDec 10, 2024 · Here are 7 things to know about OYO IPO:-. 1) OYO Rooms is owned by Oravel Stays Limited, which will actually come out with the public issue. However, it is better known by the brand it represents i.e. OYO Rooms and is an online syndicator of hotel rooms and short stay homes. 2) The total IPO size is expected to be Rs.8,430 crore. WebOct 1, 2024 · SoftBank plans to sell stakes worth over $175 million, Oyo said in the filing. The startup plans to deploy over $330 million to repay its debt. Oyo recently raised $660 … one common thing that all human beings have