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OYO Eyes $8 Billion Valuation With November IPO Move

OYO aims to leverage a 172% net profit increase and 20% revenue growth to attract investors in its third IPO attempt, targeting a $7-8 billion valuation.

  • OYO, the global travel technology company, intends to submit its preliminary IPO documentation by November, targeting a valuation between $7 billion and $8 billion.
  • This move follows recent ramped-up discussions with major banking partners and efforts by CEO Ritesh Agarwal to rename the parent entity earlier this year.
  • The prospective filing will highlight OYO's latest Q1 financial results, reflecting a double-digit growth quarter amid strong hospitality industry tailwinds.
  • Valuation guidance estimates $7-8 billion, around 70 rupees per share, potentially 25-30 times EBITDA, while SoftBank remains a key shareholder engaged in market sentiment assessments.
  • OYO will approach its board next week to finalize strategic details, with ongoing brand identity and app launches planned for its premium hotel portfolio.
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Devdiscourse broke the news in India on Monday, August 25, 2025.
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