Nifty 50
Sensex
US Tech 100
Dow Jones
FTSE
Dax
CAC
Nikkei 225
Hang Seng
SSE Composite
TAIEX
KOSPI
Gift Nifty
Strategy Indices
Broad Market Indices
Sectoral Indices
Thematic Indices
Pay ₹0 Brokerage on Investing. Open Free Demat Account with Zero AMC for Life!
+91
OYO IPO
Mainboard
Open Date
-
Close Date
-
Open Date
-
Close Date
-
Min Investment
-
Lot Size
-
Issue Size
-
Price Range
-
Subscribed
-
Upcoming IPO.
About the Company
Oravel Stays Limited, popularly known as OYO, was incorporated in 2012 as a private company in New Delhi and later shifted its registered office to Ahmedabad, Gujarat. Founded by Ritesh Agarwal, OYO operates a global platform offering short-stay accommodation solutions across hotels and homes. The company transitioned into a public limited entity in 2021, reflecting its growth trajectory. With a strong presence in India and international markets, OYO partners with property owners to enhance customer experience through technology-driven solutions. Its corporate office is located in Gurugram, Haryana. OYO is backed by prominent investors including RA Hospitality Holdings and SVF India Holdings.
Founded In
2012
CEO
Ritesh Agarwal
Financials of Oyo Oravel Stays IPO
Total Income
Total Expenses
Total Profit
| Key Performance Indicators | Mar 2019 | Mar 2020 | Mar 2021 |
|---|---|---|---|
| Operating Revenue | 63,297.36 | 1,31,681.52 | 39,616.49 |
| Other Income | 1,887.21 | 2,451.16 | 1,957.37 |
Total Income | 65,184.57 | 1,34,132.68 | 41,573.86 |
Total Expenses | 88,094.28 | 2,28,001.20 | 69,360.75 |
| Profit Before Tax | -22,904.71 | -1,11,218.33 | -40,347.20 |
Total Profit | -23,645.32 | -1,31,227.77 | -39,438.44 |
All figures are in Millions (₹)
Utilisation of Proceeds
All figures are in Millions (₹)
| Purpose | Amount |
|---|---|
| Prepayment or repayment, in part, of certain borrowings availed by our Subsidiaries | 244 |
| Funding our organic and inorganic growth initiatives including expanding Patron and storefront base, expanding technology platform, enhancing global brand strength | 290 |
| General corporate purposes and business requirements of the Company and Subsidiaries | - |
- Scaled Footprint with Leadership in Core Growth Markets: As at March 31, 2021, OYO had 157,344 storefronts across more than 35 countries listed on its platform. As at September 9, 2021, OYO had the largest footprint in terms of hotel storefronts in India and SEA and the second largest footprint in Europe in terms of home storefronts among full stack short-stay accommodation players, according to RedSeer.
- Full-stack Technology Platform Driving Strong Value Proposition for Patrons and Customers: OYO's comprehensive, full-stack technology suite integrates more than 40 products and services across digital sign-up and onboarding, revenue management, daily business management and D2C stacks into two flagship applications, Co-OYO and OYO OS. The proprietary platform is highly differentiated and has been developed largely by in-house engineering and product and design teams.
- High Degree of Engagement with Patron and Customer Community: OYO benefits from strong engagement with Patrons and Customers, leading to healthy retention rates and revenue share retention. The platform is deeply integrated with mission-critical functions of Patrons' businesses. OYO generates a significant share of demand through D2C channels, with 74.5% in FY2020 and 71.2% in FY2021 globally.
- Virtuous Flywheel Driven by Strong Network Effects: The scale of OYO's business drives a self-reinforcing flywheel underpinned by strong local network effects and operating leverage. This enhances platform stickiness and unit economics for OYO and Patrons with increasing scale.
- Inherent Financial Strength with Strong Unit Economics: OYO has an asset-light business model and lean cost structure. As at March 31, 2021, 99.9% of storefronts do not have fixed payout commitments or minimum guarantees from OYO. This enables capital-efficient scaling with minimal marginal costs. Contribution Profit improved from 5.1% in FY2020 to 18.4% in FY2021.
- Strong and Trusted Consumer Brand: OYO was identified as the most valuable Travel and Hospitality brand in India and 30th most valuable brand overall in India by a study conducted by Kantar for 2020 (BrandZ India 2020 Report).
- Strong Leadership Team with Deep Experience: OYO is led by a management team with strong academic credentials and deep experience across various industries. The leadership team has diverse skills and backgrounds, with experience from leading technology companies and consulting firms.
Open IPOs for Subscription
No Open IPOs
Stay tuned, there will be more IPOs listing soon!
Listed IPOs
No Listed IPOs
Stay tuned, there will be more IPOs listing soon!
Invest & Trade with a Trading
Platform That's #MadeForTrade
Open your Dhan Account in minutes!
