Stay updated with breaking news from Yo Ipo Launch. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Sources told BT that the IPO-bound company has revised the issue size to $400-600 million and this might increase by 50 per cent depending on the market scenario in the next six months.
Oyo is preparing to file a fresh IPO document as soon as this week, according to the report.
IPO-bound OYO gets listing approval from BSE, NSE - OYO has filed preliminary documents for a Rs 8,430 crore initial public offering (IPO).
OYO is looking to raise $900 million through fresh issuance of shares, while the rest would be through secondary share via an offer for sale
OYO is looking to raise $900 million through fresh issuance of shares, while the rest would be through secondary share via an offer for sale