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Oyo puts off third IPO attempt after SoftBank objection
Financial Express Pune
|May 03, 2025
OYO HOTELS is delaying its plans for an October IPO after opposition from SoftBank Group and a tumultuous turn in the stock market this year.
SoftBank has baulked at the proposed timing and pressed Oyo to hold off on an initial public offering (IPO) until its earnings are stronger, according to people familiar with the matter, who asked not to be identified as the information is private.
This is Oyo's third attempt to go public since 2021, but it faces a grim market with US President Donald Trump's tariff policies sapping investor appetite for risk.
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