According to the DRHP filed with the market regulator, founder Ritesh Agarwal holds 8.21% stake and RA Hospitality owned by him holds 24.94% shares
Masayoshi’s SoftBank holds the highest number shares at 46.62%
Current shareholders will be offloading these shares amounting to INR 1,430 Cr via OFS
Gurugram-based hospitality unicorn Oravel Stays, which runs OYO has filed for an INR 8,430 Cr ($1.2 Bn) IPO. The offer will include a primary component which will include an issue of fresh shares worth INR 7,000 Cr and an offer-for-sale, and several existing investors will offload their shares, amounting to INR 1,430 Cr.
Founded in 2013 by Ritesh Agarwal, OYO so far has raised close to $4.1 Bn from 26 investors.