Oyo's IPO Plans Hit Another Snag

Oyo Hotels has once again delayed its plans for an October IPO, citing opposition from SoftBank and a tumultuous stock market this year. Sources reveal that SoftBank has expressed concerns over the timing, urging Oyo to wait until its earnings show stronger performance.

Market Challenges and Stakeholder Dynamics

This marks Oyo's third attempt to go public since 2021, facing a grim market landscape further complicated by Trump's tariff policies, which have dampened investor appetite for risk. Notably, SoftBank's stake in Oyo surpasses that of founder Ritesh Agarwal's over 30% share, adding another layer of complexity to the IPO's prospects without the fund's agreement to refrain from selling into the IPO.

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