OYO Prepares for IPO, Draft Prospectus Likely to be Filed with SEBI in November
Sources indicate that the company will file its draft red herring prospectus (DRHP) with market regulator
SEBI in November. The listing could value the hospitality unicorn at around
$7–8 billion (Rs. 61,000–69,600 crore).
Board Review Expected Soon
According to reports, a proposal related to the IPO is expected to be placed before OYO’s board next week.
The final decision on timing and structure will depend on board approval and market conditions.
Company Response
An OYO spokesperson declined to comment on the exact timing of the prospectus filing or IPO launch,
stating that these matters fall under the purview of the company’s board.
The spokesperson emphasised that OYO remains focused on strategies to enhance shareholder value
and strengthen its market position.
Market Buzz
The IPO, if launched, would mark one of the most high-profile listings from India’s startup ecosystem.
Analysts note that investor appetite for tech-driven hospitality and travel platforms will play a key role in determining the issue’s success.
OYO Valuation vs Other Indian Startup IPOs
| Company | IPO Year | Listing Valuation | Sector |
|---|---|---|---|
| Zomato | 2021 | ~$12 billion | Foodtech |
| Paytm | 2021 | ~$20 billion | Fintech |
| Mamaearth | 2023 | ~$1.2 billion | D2C Beauty & Personal Care |
| OYO (Expected) | 2025* | $7–8 billion | Travel & Hospitality |
*Expected IPO timeline based on DRHP filing in November 2025.
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