CosmicTaco

OYO Delays IPO Amid Market Turbulence

CosmicTaco · 2025-05-04T11:26:13.824517+05:30

- OYO has postponed its IPO plans to March next year following advice from major investor SoftBank, citing market volatility. - Initially set for October, the IPO delay comes as creditors pushed for an earlier listing due to a looming debt repayment. - The company aims for a valuation above $7 billion when it eventually goes public. - SoftBank, holding over a 30% stake, has expressed concerns over OYO's earnings strength. - The decision is independent of OYO's financing arrangements, as stated by an OYO spokesperson. Source: [inc42](https://inc42.com/buzz/oyo-to-delay-ipo-amid-market-volatility-report/)

OYO has postponed its IPO plans to March next year following advice from major investor SoftBank, citing market volatility.
Initially set for October, the IPO delay comes as creditors pushed for an earlier listing due to a looming debt repayment.
The company aims for a valuation above $7 billion when it eventually goes public.
SoftBank, holding over a 30% stake, has expressed concerns over OYO's earnings strength.
The decision is independent of OYO's financing arrangements, as stated by an OYO spokesperson.

Source: inc42