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Oyo plans to cut IPO size amid tech headwinds

No shares will be offered for sale by Oyo’s current investors, sources told Bloomberg

Ritesh agarwalMasayoshi sonSoftbank group corpSoftbank vision fundRa hospitality holdingsAirbnb incOravel stays ltdOravel staysOyo ipoOyo ipo sizeIpo newsOyo hotelsRitesh aggarwal

SoftBank-backed Oyo to reduce planned IPO amid tech headwinds

The once-high-flying company is preparing to file a fresh initial public offering document as soon as this week, two people familiar with the matter told Bloomberg.

Ritesh agarwalMasayoshi sonRa hospitality holdingsSoftbank vision fundSoftbank group corpOravel stays ltdAirbnb incOyo hotelsOravel staysIpo newsRitesh agarwal

Ritesh Agarwal s ownership cost highest among Oyo investors

Buyback from a clutch of investors and staff ESOP pool jacks up cost to ₹101 a share.

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A Look Inside IPO-Bound OYO s Shareholding Pattern

Ritesh Agarwal, who individually holds 8.21% stake in the startup, won’t be selling his stake in the proposed IPO

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SoftBank To Offload INR 1,328 5 Cr Worth Shares In OYO s IPO

SoftBank’s SVF India Holdings (Cayman) Ltd holds 46.62% shares in Oravel Stays, the parent company of hospitality unicorn OYO.

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