Overview

• Multiple PTI-based reports say OYO will seek to file its draft prospectus in November with a targeted IPO valuation of $7–8 billion.
• The proposal is expected to go before the board next week, and an OYO spokesperson declined to confirm timelines, citing the board’s discretion.
• Valuation guidance discussed with bankers centers on roughly Rs 70 per share, translating to about 25–30 times EBITDA, according to the reports.
• SoftBank, a major shareholder, has engaged Axis, Citi, Goldman Sachs, ICICI, JM Financial and Jefferies in London to gauge market sentiment.
• The prospective filing is expected to highlight recent Q1 performance and coincides with work on a new parent brand identity and a separate app for premium and mid‑market hotels.