Overview
- The company is expected to present the IPO proposal to its board next week, according to people familiar with the matter.
- Recent guidance discussed with advisers pegs valuation at $7–8 billion, roughly 25–30 times EBITDA and around Rs 70 per share.
- SoftBank has consulted Axis, Citi, Goldman Sachs, ICICI, JM Financial, and Jefferies in London to gauge investor appetite.
- The prospective filing would showcase OYO’s latest Q1 performance, with sources citing stronger fundamentals and sector tailwinds.
- A spokesperson declined to confirm timelines, as OYO also advances a new parent brand identity and explores a separate app for premium hotels.