OYO
IPO Date: N/A
Listing Date: N/A
Price Range
Issue Size
8430 Cr
Min Investment
₹0
Lot Size
1 Shares
Schedule of OYO
Issue open date
N/A
Issue close date
N/A
UPI mandate deadline
N/A (5 PM)
Allotment finalization
N/A
Share credit
N/A
Listing date
N/A
Mandate end date
N/A
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 8430 Cr |
| Fresh Issue | 0 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | - |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| - | ₹- | ₹- | ₹- |
Performance OYO
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| .... | .... | .... | .... |
About OYO
Oyo (Oravel Stays Limited) is a new-age technology platform revolutionizing the fragmented global hospitality industry. Since 2012, it has transformed short-stay accommodations by addressing challenges faced by both property owners (Patrons) and customers. Oyo enables unbranded and underutilized hospitality assets to become branded, digitally-enabled storefronts with higher revenue potential, offering travelers high-quality accommodations at competitive prices. With a presence in 35+ countries and 157,344 storefronts as of March 2021, Oyo boasts the largest footprint in India and SEA, and a leading position in Europe.
| Founded in | 2012 |
| Managing director | Ritesh Agarwal |
| Parent organization | Oravel Travels Ltd |
Financial Overview
Strengths
- Oyo operates 157K+ storefronts across 35 countries
- with the largest footprint in hotel storefronts in India and SEA and the second-largest in Europe for home storefronts
- Oyo's customer app
- with over 100 million downloads is the third most downloaded travel app globally and the most downloaded in Asia in 2020
- 77.8% of global demand and 90.3% of Indian demand in Fiscal 2021 were driven by repeat and organic customers via D2C channels
- Oyo Wizard loyalty program has 9.2 million members making it the largest loyalty program among Indian online hotel or food brands
- Improved Adjusted Gross Profit Margin from 9.7% in Fiscal 2020 to 33.2% in Fiscal 2021
Risks
- Heavy reliance on D2C channels for demand generation exposes Oyo to potential disruptions in its online platform
- Limited control over asset quality as most storefronts (99.9%) have no fixed payout commitments or minimum guarantees
- Ongoing competition in the highly fragmented global hospitality industry
- Dependency on app engagement and customer loyalty programs to maintain competitive positioning
- Exposure to regulatory and compliance risks across its multi-country operations
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |