SEBI asks OYO to refile IPO draft papers with changes
The Softbank-backed travel tech firm eyes raising ₹8,430 cr. The proposed offering comprises a fresh issue of shares of up to ₹7,000 cr and an OFS worth ₹1,430 cr.
oyo financials
January 2023
September 2022
OYO CEO Ritesh Agarwal’s FY22 pay up 350% to ₹5.6 cr
Massive rise in Agarwal's remuneration came at a time when OYO resorted to cuts across salary & bonus, marketing and other expenses to curb losses.
OYO files revised IPO papers with SEBI
OYO had filed initial papers with SEBI to raise about $1.1 billion in 2021. Revised DRHP shows a reduction in losses in FY22
