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
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13 replies5 likes
K
Stealth • 5m
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may cut value by 74%: SoftBank-backed hospitality company Oravel Stays, the parent company of Oyo Hotels and Homes, has withdrawn the draft prospectus filed with the Sebi for its initial public offering (IPO).
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
LOL
Same story of all startups waanna be listed on BSE , NSE.
Don't give a shit about profit until want to go public.
Do profit before a year or two wanted to do IPO.
OYO has reported a profit after tax of nearly INR 100 crore ($12 million) for fisc
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1 replies6 likes
Sanskar
Stealth • 8d
You and I...
In this beautiful world 💗
These are the exact words tweeted by Zomato on its main competitor Swiggy's successful IPO which opened at ₹420 on NSE with a 7.69% increase over the IPO price ₹390. Swiggy's IPO was over subscribed by 3.59 ti
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5 replies13 likes
Rohan Saha
Stealth • 8m
The fundamental difficulty in the financial industry is managing liquid capital for operating expenditures. A standard overdraft facility costs us 7-8% per year.
Taking a loan for your operation is not a wise idea since it has a significant impact
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0 replies6 likes
Havish Gupta
Stealth • 8m
OYO is Now Profitable.
In the latest Quarter, OYO reported a profit of 30 Crore Rs. And this is impressive with considering the fact that during Covid, it losses had hit almost 12,000 crore.
But how did they did this?
1) firstly they closed more th
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6 replies13 likes
Haran Naresh K
Stealth • 26d
Trending News of the Day.
1.I India's 🇮🇳 GDP growth expected to increase by 7.0%
2. Nivida partners with Reliance to create AI infrastructure in india.
3. Hospitality company OYO
made RS 158 crores Profit, in Q2ofFY25 revenue stood 1,578 cross
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0 replies3 likes
Rahul Meena
Stealth • 5m
I have a question: When entrepreneurs raise funds to start their company or to set up a business, why do they celebrate? Ultimately, this is a kind of loan. Actually, it is a loan. They should celebrate when they start earning profits from those fund