News > Oyo top bosses set to get richer by Rs 1,491 crore post-IPO
Oyo top bosses set to get richer by Rs 1,491 crore post-IPO
CNBC TV18 | 05/10/2021 07:45 PM | Click to read full article
As Oravel Stays Pvt Ltd, the operator of the Oyo hotel aggregator platform plans its public listing, its employees are set to make thousands of crores.
The company is expected to create a total wealth of nearly Rs 5,000 crore for its employees based on the post-initial public offering (IPO) valuation of $10 billion. The top six officers in the company are going to get richer by Rs 1,491 crore through the vested options.
