Oyo’s Strategic Moves: IPO Acceleration ‼️
Oyo is a global travel-tech company that provides affordable rooms through its network of budget hotels, homes, etc
Recently, senior executives and lead bankers met with SEBI to discuss business performan
It's great to see a tech company like Oyo focusing on profitability. The prepayment of $200 million of its term loan is a strong indicator of financial health. If they can maintain this trajectory, their IPO could be very successful.
Oyo’s Strategic Moves: IPO Acceleration ‼️
Oyo is a global travel-tech company that provides affordable rooms through its network of budget hotels, homes, etc
Recently, senior executives and lead bankers met with SEBI to discuss business performan
Oyo shelves IPO; private funding may cut value by 74%: SoftBank-backed hospitality company Oravel Stays, the parent company of Oyo Hotels and Homes, has withdrawn the draft prospectus filed with the Sebi for its initial public offering (IPO).
Oyo, led by Ritesh Agarwal, is now the most profitable Indian startup in FY25, after years of heavy losses. The company is expanding globally and focusing on sustainable growth. Its postponed 2022 IPO may get a fresh push as profits rise.
𝗢𝗬𝗢 𝗜𝘀 𝗥𝗮𝗶𝘀𝗶𝗻𝗴 𝘁𝗵𝗲 𝗕𝗮𝗿 𝘄𝗶𝘁𝗵 𝗣𝗿𝗼𝗳𝗶𝘁𝘀 & 𝗜𝗣𝗢!
• In Q3 FY25, OYO reported a profit of ₹166 crores with a revenue of ₹1,695 crores, reflecting a 31% growth in revenue.
• As of December 2024, SoftBank owns 44% of OYO. The
🚀 Goldman Sachs Insights: CRED's Remarkable Growth Trajectory
Key Highlights:
• Annualized Total Payment Value (TPV): $100 billion
• Personal Loan Book: $2.3 billion
• Annual Recurring Revenue (ARR): $340 million
• Consumer Average Revenue Per Use
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2 replies11 likes
Mridul Das
Introvert! • 2m
This year major Indian startups are going for Initial public offering(IPO)
1. PW
2. Lenskart
3. OYO
4. Dhan Stock trading
The combine valuation of these 4 are $28💵( as the file for their IPOs).
What's the reason behind of OYO valuation crash?
They were struggling to get approval from SEBI for IPO back in 2021, Finally got a approval but they withdrew their application and looking to raise from private investors at $2.3 Billion which was $9
Lenskart IPO Also Coming Soon!
• Lenskart.com is also planning an IPO to raise between $750 million to $1 billion, with a valuation of $7-8 billion.
• In FY24, Lenskart generated ₹5,427 crores in revenue, a 23% increase from the last financial year
PhysicsWallah’s bold move to file for a ₹4,600 crore IPO amid the decline of many Indian edtech startups is a testament to their resilience and strong fundamentals. While others struggled with profitability and cash burn, PW focused on affordability,
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0 replies7 likes
Chirag
•
&OTHERS • 8d
“Is OYO pausing… or pivoting?”
OYO has put its IPO plans on hold for the third time.
Once a poster child of India’s startup boom, valued at $12B at its peak, the company is now reportedly reassessing its next steps. With Softbank reducing its stake