Overview

• The consortium comprises global banks Citi, Goldman Sachs and Jefferies alongside Indian firms ICICI Securities and Axis Capital.
• The presentation is slated for June at SoftBank’s Grosvenor Street office in London, where managing partner Sumer Juneja and OYO founder Ritesh Agarwal will attend.
• OYO is targeting a $6–7 billion valuation and plans roughly 10 percent equity dilution through a mix of primary issuance and secondary share sales.
• The company is weighing an August–September draft red herring prospectus filing and may choose between FY25 results or H1 FY26 figures to bolster its offering.
• After reversing losses, OYO reported a ₹623 crore profit for FY25 and secured a Moody’s credit rating upgrade to B2 with a stable outlook.