OYO Invites Public to Rename Parent Company Ahead of IPO: INR 3 Lakh Reward on Offer

OYO Opens Doors for Public Rebranding Ahead of IPO

IPO-bound hospitality giant OYO has launched a public crowdsourcing campaign to rename its parent entity, Oravel Stays Ltd, as it gears up for a fresh brand identity aligned with global tech ambitions.

The company’s founder and CEO Ritesh Agarwal announced the initiative on social media, calling on “creatives, entrepreneurs, and curious minds” to suggest a one-word brand name that’s modern, scalable, culturally neutral, and globally relevant. A cash prize of ₹3 lakh and a one-on-one meeting with Agarwal await the selected contributor.

“We’re renaming the corporate brand behind it all... built in India, but for the world,” Agarwal shared on X (formerly Twitter).

A Strategic Shift Beyond Hospitality

This rebranding effort is part of OYO's broader push to establish itself as a global tech company. While the OYO brand will continue to represent its consumer-facing hotel chain, the new name will represent its parent entity, positioning the company for new verticals and global scalability.

Sources also suggest the new name could potentially be used for a premium hotel app OYO has been developing—indicating a dual-purpose rebrand that captures both corporate and consumer innovation.

IPO Timeline and SoftBank's Strategic Role

This renaming initiative comes as OYO prepares to file for an IPO between August and September 2025, with the target listing window set for Q4 FY26.

OYO has engaged five leading investment banks—Citi, Goldman Sachs, Jefferies, ICICI Securities, and Axis Capital—to present its IPO case to major investor SoftBank, which owns a significant stake in the company. The meetings are expected to focus on brand strategy, market positioning, and valuation metrics.

This will be OYO’s third IPO attempt, following postponed efforts in 2022 and 2024. Sources indicate SoftBank has urged a delay until March 2026 for better market timing.

Financials Back a Strong Narrative

Amid rebranding and IPO efforts, OYO's financial performance adds credibility to its market readiness. In a recent internal town hall, Agarwal revealed a 172% jump in net profit, rising from ₹229 Cr in FY24 to ₹623 Cr in FY25.

Revenue also saw solid growth, climbing 20% year-over-year to reach ₹6,463 Cr in FY25. These numbers strengthen OYO’s appeal as a lean, profit-driven player in the travel tech space.

What the New Name Must Represent

OYO is specifically seeking a name that:

• Is one word

• Has a .com domain available

• Reflects technology, modern living, and urban innovation

• Can grow beyond hospitality

This presents a rare opportunity for branding professionals to help shape the future of one of India's most globally recognized travel startups.

Final Takeaway for B2B Travel Professionals

OYO’s rebranding and IPO journey is not just a marketing exercise—it signals its evolution into a tech-first, global hospitality and lifestyle platform. For travel agents, consolidators, and planners, this transformation could open new collaborative avenues in premium travel, hotel tech, and corporate booking ecosystems.

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