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
The numbers are certainly encouraging. Doubling the PAT in a quarter shows significant operational efficiency. The milestone of achieving ₹750 crore EBITDA in FY23 and aiming for ₹1,000 crore in FY24 shows they have a solid growth plan.
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
Lenskart is preparing for an IPO at a valuation of $10 billion 💵( ₹86,780 crore).
➡️ The company intends to file its Draft Red Herring Prospectus (DRHP) by May 2025, with the goal of listing on Indian stock exchanges before the end of the year.
Th
The Year of Indian Startups' IPOs Series :
1. Groww ->
• Groww is planning an IPO to raise approximately ₹6,000 crore, aiming for a valuation between $6 billion and $8 billion.
• In FY24, Groww reported ₹3,145 crore in revenue from operations, do
🤯Founders with Highest salary in India.
--⭐Supam Maheshwari (FirstCry)
received an annual salary of ₹103.8 crore in FY24. This marks a significant decrease from his ₹200.7 crore salary in FY23.
--⭐Nithin Kamath (Zerodha)
Co-founder of the broker
🫡This is business .
Drishti IAS Institute achieved revenue of over ₹400 crore in FY24, with profits reaching ₹90 crore🤯.
The company's revenue has grown significantly over the past four years:
-- ₹40 crore in FY21,
-- ₹119 crore in FY22,
--
Newly-listed online travel ticket booking platform ixigo has reported a significant 212% increase in net profit, rising from Rs 23.4 crore in FY23 to Rs 73.1 crore in FY24.
The company's operating revenue also grew by 31% during the same period, fr
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financialnews
Founder And CEO Of F... • 5m
JSW Steel Q2 Results: 84% YoY Decline in PAT to Rs 439 Crore, Revenue Falls 11%
JSW Steel Ltd Q2 Results: Net Profit Drops 84% YoY to Rs 439 Crore; Revenue Falls 11% to Rs 39,684 Crore. One-Time Charge of Rs 342 Crore Impacts Earnings; Operating EBI
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Gautam Ambani
Money Magnet • 10m
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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Shreyas Ramdasi
Mechanical Engineer • 9m
Billionaire businessman Gautam Adani has increased his stake by 1.32% in Adani Enterprises from the open market in April to June quarter, a statement to stock exchanges stated on June 14.Adani Enterprises had reported a consolidated net profit of Rs
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gray man
I'm just a normal gu... • 1m
🚀 The Souled Store Turns Profitable in FY24! 🧢👕
Pop culture meets fashion as The Souled Store hits ₹360 crore revenue (+54.5% YoY) and ₹18 crore profit from a ₹16.5 crore loss! 💸🔥
📢 Key Stats:
₹360 crore revenue | ₹18 crore profit
₹68 crore