The IPO, Likely in 2026, is expected to include bot new and existing shares, Valuing the company between $ 7 billion and $ 8 billion.

ORAVEL Stays Ltd., The Softbank Group Corp.-Backed Company That Operates Operates Oyo Hotels, have hired Several Banks to Arrange Ana Initial Public Offering That May Fetch as MUCH AS MUCH AS MUCH AS MUCH AS MUCH According to People Familiar with the Matter.

The company, common knowledge as Oyo, is working with Axis Bank Ltd., ICICI Securities Ltd., as well as the Indian units of Goldman Sachs Group Inc. And Citigroup Inc. on the share sale, the people said, asking not to be identified as the information is private. It’s likely to file a draft propestus later this year and may add more banks, they said.

IPO Likely in 2026

The IPO, Expected in 2026, will probally comprise a mix of new and existing shares, and value the company at $ 7 billion to $ 8 billion, the people said. Deliberations are ongoing, and details including size, Timing and Valuation Could Change, They said.

Goldman Sachs declined to comment. Oyo, Softbank, Axis, ICICI Securities and Citi Didn’t Immedited to requests for comment.

The company had previously filed draft IPO documents with the seconds and exchange board of India in September 2021 for an offering of ₹ 8,430 Crore ($ 950 Million), But the Regulator returned in 2023, Asking the company to update it with new information.

Revenue growth

Its Revenue Rose 16% to ₹ 6,253 Crore in Its Latest Fiscal Year, According to its annual report. Net Income was ₹ 240 Crore.

Founded in 2012 by Ritesh Agarwal, The Company said in its annual report Sunday, and palette.

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Published on September 25, 2025