OYO IPO

Zo’s plea provides a authorized twist to Oyo’s IPO saga

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Zo’s plea provides a authorized twist to Oyo’s IPO saga

[ad_1] Oyo Motels & Properties, which is preparing to file a draft prospectus for a $1-$1.2 billion initial public offering (IPO),has a authorized hurdle forward that’s being posed by as soon as rival Zostel (Zo Rooms) over a botched acquisition deal, which is because of come up for a courtroom listening to on Wednesday. Hospitality … Read more

As much as 20-25% secondary dilution anticipated in Oyo’s impending $ 1 bn IPO

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As much as 20-25% secondary dilution anticipated in Oyo's impending $ 1 bn IPO

[ad_1] New Delhi: As much as 20-25 per cent secondary dilution is predicted in Oyo‘s impending $ 1 billion IPO, folks aware of the matter mentioned. Present buyers reminiscent of Airbnb and Greenoaks Capital are unlikely to divest their stakes moreover founder Ritesh Agarwal, they added. “Ritesh holds roughly 33 per cent stake and wouldn’t … Read more