OYO Takes Third Shot At Public Listing, Pre-Files For INR 6,650 Cr IPO

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SUMMARY

The company is looking to raise INR 6,650 Cr via fresh issue as part of the IPO, which is also expected to comprise an offer-for-sale component

Sources told Inc42 that the company is eyeing a valuation of $7 Bn to $8 Bn for the public issue

Bankers like ICICI Securities, Axis Capital, Goldman Sachs and Citibank are the book running lead managers for the IPO

Hospitality unicorn OYO’s parent PRISM has pre-filed draft papers for an initial public offering (IPO), days…



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OYO Takes Third Shot At Public Listing, Pre-Files For INR 6,650 Cr IPO


SUMMARY

The company is looking to raise INR 6,650 Cr via fresh issue as part of the IPO, which is also expected to comprise an offer-for-sale component

Sources told Inc42 that the company is eyeing a valuation of $7 Bn to $8 Bn for the public issue

Bankers like ICICI Securities, Axis Capital, Goldman Sachs and Citibank are the book running lead managers for the IPO

Hospitality unicorn OYO’s parent PRISM has pre-filed draft papers for an initial public offering (IPO), days…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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