Hospitality Startup OYO is likely to file an IPO next week
It is to raise a fund between $1 bn and 1.2 bn
OYO is looking to list in India’s financial capital of Mumbai
It will consist of a fresh issue of shares and an offer for sale from existing shareholders
SoftBank owns a 46% stake in OYO
OYO has endured months of layoffs and losses during the pandemic
