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OYO withdraws DRHP, to refile IPO post refinancing: Sources

Oravel Stays Ltd, OYO's parent company, had in November prepaid a significant chunk of its de…

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Post Covid travel boom helps OYO revive its IPO plans

Global hospitality services platform OYO filed an addendum to its draft red herring prospectus subm…

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Has IPO-bound OYO regained trust of its hotel partners?

The company has recently been affected by some of its hotel partners publicly complaining, filin…

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6 mins read

India's largest two-wheeler maker, biggest beer brewer and aluminum producer are smaller than startups like Byju's, Paytm, and OYO

Byju’s, Paytm, OYO and Ola are currently valued higher than Ashok Leyland, Indian Hotels and Escort…

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OYO IPO now faces a hurdle from a hotels lobby with 55,000 members, aside from Zostel

The Federation of Hotel and Restaurants of India (FHRAI) — which claims to have over 55,000 hotels …

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It's not just Zostel, OYO has 20 other lawsuits to fight

OYO — in its DRHP for the $1.2 billion IPO — had noted that the number of legal disputes, lawsuits …

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1 min read

OYO’s Ritesh Agarwal took home ₹1.6 crore in FY2021 — here are the top earners in the IPO-bound company

Here are the key managerial personnel and how much they earned in FY2021, excluding stock option…

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3 mins read

OYO may file for a $1 billion IPO next week

Business Insider has reached out to OYO, seeking comments on the same. According to media r…

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3 mins read

Ritesh Agarwal-led OYO files preliminary papers for its $1.2 billion IPO

According to documents seen by Business Insider, the Gurugram-based startup aims to raise ₹7,000…

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Mobikwik IPO is not happening this quarter

Indian payment service provider Mobikwik will not be heading for its initial public offering (IPO) …

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SBI’s former chairperson Rajnish Kumar joins OYO’s board ahead of IPO

Hotel and hospitality firm OYO — which is expected to go for an initial public offering (IPO) soon …

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OYO writes to SEBI, denying all allegations raised by Zostel

OYO's parent firm Oravel Stays has refuted all 'allegations' made by Zostel Hospitality, which had …

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OYO blames Zo Rooms for ‘forum hunting’ after Zostel’s latest plea to stop its IPO

Update: The article has been updated to include the Delhi high court's verdict issued on September …

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2 mins read

IPO-bound OYO increases authorised share capital to ₹901 crore

The development comes ahead of proposed initial public offering (IPO) by OYO, for which a draf…

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4 mins read

Despite majority of its revenue coming from the US, this is what compelled RateGain to be the first SaaS company to head for an IPO in India

Software-as-a-service startup (SaaS) RateGain Travel Technologies — which has less than 1% business…

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1 min read

Adar Poonawalla-backed pharmacy chain Wellness Forever files for IPO

Apart from a fresh issue worth up to ₹400 crore, there will be an Offer for Sale (OFS) wherein…

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Mobikwik founder says they are not selling any shares in the IPO

Meanwhile, other stakeholders may choose to increase or decrease their offer for sale (OfS). “I …

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5 mins read

IPO demand may pick up in the second half of FY24 after macro headwinds settle

Volatile market conditions that have raised concerns over frothy valuations, along with strict regu…

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3 mins read

Delhivery IPO opens today — check out important details related to the IPO

Logistics and supply chain company Delhivery is all set to open its ₹5,235 crore initial public off…

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5 mins read

Delhivery delivers parcels to over 90% of India, but will its IPO deliver returns to its investors? Here’s what the analysts are saying

Logistics and supply chain company Delhivery is all set to launch its ₹5,235 crore initial public o…