SoftBank’s SVF India Holdings (Cayman) Ltd holds 46.62% shareholding in OYO's Oravel Stays
The DRHP shows that SVF India Holdings will offload shares of up to INR 1,328.5 Cr through the offer for sale
The other existing investors who will dilute their stake include A1 Holdings Inc, China Lodging Holdings (HK) and Global Ivy Ventures LLP
Long-time investor and the largest shareholder in the hospitality unicorn OYO, SoftBank will offload part of its stake in its proposed initial public offering (IPO).
SoftBank’s SVF India Holdings (Cayman) Ltd holds 46.62% shares in Oravel Stays, the parent company of hospitality unicorn. The OYO’s DRHP shows that SVF India Holdings will offload shares of up to INR 1,328.5 Cr through the offer for sale.