OYO Raises Rs 1,457 Crore In Latest Funding Round Before Much Awaited IPO
The investment is being made through Compulsory Convertible Cumulative Preference Shares, each priced at ₹29, consistent with the valuation of the recent raise in Series G.
Aug 11, 2024, 15:43 PM ISTOyo To Refile Its IPO Papers Post-Refinancing Existing Loan
As per existing SEBI regulations, the company will need to revise its filings with the regulator.
May 18, 2024, 16:40 PM ISTOYO Pre-Files Draft Paper For IPO; Likely To List Around Diwali: Sources
Explaining the rationale for filing through the pre-filing route, a source said, "The market continues to be highly volatile globally and to an extent in India as well.
Mar 31, 2023, 16:01 PM ISTHospitality group OYO to layoff 10% employees soon -- Details Inside
According to the company, the downsizing in tech is also happening in teams which were developing pilots and proof of concepts such as in-app gaming, social content curation and patron-facilitated content.
Dec 03, 2022, 16:40 PM ISTIPO-bound OYO market valuation falls after big investor Softbank's markdown; Check details
The company, which had last year in October filed preliminary papers with Sebi to raise Rs 8,430 crore through an initial share-sale, also posted an "adjusted EBITDA" of Rs 7.27 crore in the quarter ended June 30, 2022.
Oct 05, 2022, 12:53 PM ISTIPO-bound OYO gets listing approval from BSE, NSE
OYO has filed preliminary documents for a Rs 8,430 crore initial public offering (IPO). The offering will consist of a fresh issue of shares of up to Rs 7,000 crore and an offer-for-sale of as much as Rs 1,430 crore.
Jan 26, 2022, 08:59 AM ISTHospitality giant OYO to file for $1.2 billion IPO next week: Report
Oyo Hotels and Rooms is expected to file for an initial public offering (IPO) next week to raise around $1 billion to $1.2 billion.
Sep 23, 2021, 09:43 AM ISTMicrosoft may invest in Oyo at over $9 billion valuation ahead of IPO
The news comes after OYO announced earlier this month that it has raised $660 million from global institutional investors as TLB (Term Loan B).
Jul 30, 2021, 13:04 PM IST