OYO IPO Date 2023 A company named OYO give in Ma draft to SEBI in India in which they sought permission for their public listing i.e. IPO through which they have to raise funds of Rs 8430 crore. The subscription line for the IPO of this company can open within November 2023. If you are interested in this topic then read this object till the end because we have given all the notification related to OYO IPO Date 2023 in this article.
OYO IPO Date 2023
OYO i.e. Oravel Stays Limited is a hospitality technology company that is in attendance in 80 countries and provides hotel stays to people at cheap prices. According to the notification, there are more than 1.5 crore rooms associated with this company from all over the world, which get shopper for their hotels & rooms through this platform. OYO is soon coming up with its IPO in which portion worth Rs 7000 crore are going to be freshly issued and shares worth Rs 1430 crore will be available for offer for sale. OYO IPO Date 2023 has not been officially make public yet but its subscription will start in November 2023.
OYO IPO Date Notification
The shares being sold through offer for sale in this IPO mainly belong to previous lender from groups like SoftBank, Light Speed Venture Capital, and Sequoia Capital. Before put money in this company, try to read and understand all the financial data of the company. As soon as any modernize related to OYO IPO Date 2023 comes, we will write an object on our site, so please follow our website to get its notification.
OYO Business Model
OYO is a cordiality innovation organization which is utilized in excess of 80 nations. This organization incorporates a portable application and site through which you can book more than 1.5 crore rooms and inns at an entirely reasonable cost. At the point when an individual books a room utilizing their application or site, they procure a commission from the lodging. OYO Plan of action Trust you have perceived. It is vital to comprehend the plan of action prior to buying into any IPO or making any venture.
OYO IPO Date 2023 Overview
| Article |
OYO IPO Date 2023 |
| Organization |
SEBI |
| Event |
Launch of IPO |
| IPO Subscription Date |
November 2023 |
| Allotment Date |
December 2023 |
| Amount of Fund to be Raised |
8430 Crore |
| Total Assets Worth |
91,234 Crore |
| Website |
Click Here |
OYO IPO Listing Date 2023
Oyo IPO Listing Date is currently unavailable Date is at present inaccessible. This is on the grounds that the RHP plan is yet to be recorded by the Oyo. Itemized data, including monetary angles, key individuals, issue size, advertisers, number of offers, new issue, posting, recorder, book running lead chiefs, Oyo IPO posting date, offering and anchor offering dates, and other IPO related data, is normally referenced in the RHP.
OYO IPO Application
Oyo was at first established as Oravel Stays by the pioneer, Ritesh Agrawal. Be that as it may, in the next year, Ritesh renamed the organization to OYO. Throughout the long term, OYO has arisen as one of the main brands in India’s Neighborliness industry. OYO brings framed organizations with numerous lodgings and relationship to the table for its administrations. The vital individuals in Oyo incorporate Ritesh Agrawal, Aditya Ghosh, Bejul Somaia, Deepa Malik, Troy Alstead, and Dr. W. Steve Albrecht. The site, oyorooms.com, was at first sent off in 2013. Subsequent to getting great client input and extending the business, Oyo sent off its versatile application in 2015.
Oyo IPO Share Price 2023
As per the Draft Offer Records of Oyo, the IPO involves a new issue of INR 7,000 Crores and a proposal available to be purchased of INR 1,430 Crores. Nonetheless, the offer cost of Oyo IPO isn’t accessible, as the RHP is yet to be documented. Notwithstanding the Oyo Offer Value, the organization will likewise uncover the presumptive worth of each offer.
OYO IPO Worldwide Business
The lead supervisors of the Oyo IPO incorporate – J.P. Morgan India Pvt. Ltd., Nomura Monetary Warning and Protections (India) Pvt. Ltd., Citigroup Worldwide Business sectors India Pvt. Ltd., Deutsche Values India Pvt. Ltd. Kotak Mahindra Capital Organization Ltd., and JM Monetary Ltd. The cost of Oyo Offers will likewise be utilized to decide the expense of a ton. As we probably are aware, financial backers need to apply for Initial public offerings through parts, and each parcel has a proper number of offers. Shares in a ton will be duplicated by the offer cost.
OYO IPO Financial Performance
OYO is a notable organization that is right now thinking of its public posting with the assistance of which it needs to raise subsidizing of more than Rs 8000 crore and through this financing it needs to extend its business in Level One nations like the US and the Unified Realm. In any case, OYO IPO Monetary Exhibitions of the most recent two years have not been great by any means.
| Financial Year |
Revenue (Rs. crore) |
Loss (Rs. crore) |
| 2020-21 |
1,963 |
13,122 |
| 2021-22 |
4,157 |
3,943 |
Here are some other key financial metrics for OYO:
- Gross booking value (GBV)- Rs. 8,101 crore in FY2021-22
- EBITDA- Rs. 63 crore in FY2021-22
- Cash on hand- Rs. 2,700 crore in FY2021-22
OYO IPO Launch Date 2023
Oyo IPO is supposed to be sent off in October/November. Alongside the Oyo IPO Day for kickoff of the Oyo Initial public offering, the bid opening date, shutting date, apportioning dates, discount inception date, posting date, and so on., will likewise be declared.
OYO IPO Apply
During the offering dates of the Oyo Initial public offering, financial backers need to apply for this Initial public offering. They can do this through their specialist’s site or application. After this, the enlistment center of the Oyo IPO will give the apportioning status, and soon after that, the discounts will be started. Then, loads of Oyo will be credited into the demat records of the financial backers and will be recorded on NSE and BSE.
OYO IPO Important Dates
| Date |
Event |
| September 30, 2020 |
OYO files a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) |
| October-November 2023 (expected) |
OYO IPO opens for subscription |
| December 2023 (expected) |
OYO IPO lists on the stock exchanges |
OYO IPO Risk Factors
Prior to putting resources into this Initial public offering, you ought to have all the data about OYO IPO Chance Elements. For your data, let us let you know that the valuation of this organization is Rs 40000 crore, though this organization has not been productive yet. In the new past, many such reports have been distributed by the media which have made a negative picture of this organization ordinarily. Presently a wide range of contenders have joined this field who give the office of inn and room booking utilizing different kinds of innovation and that too with less commission. Administrative gamble is extremely high in the nations where this organization needs to extend its business.
Manoj Vaibhav Gems IPO Allotment Status
OYO IPO Market Sentiment
A ton of blended responses have been found in the market in regards to this IPO from retail financial backers and exceptionally large financial backers. Numerous financial backers have a bullish methodology on this issue and accept that the organization will develop and numerous financial backers are taking off from this IPO thinking about the productivity and expanding rivalry. It is critical to know the OYO IPO Business sector Opinion however you ought to choose to contribute in light of your examination. The valuation of the organization has now become Rs 40 thousand crores though the old valuation of the organization was Rs 90000 crores.
OYO IPO Long-Term Vision
Prior to putting resources into any organization, realizing its drawn out vision is vital. As per OYO IPO Long haul Vision, this organization needs to turn into the world’s biggest and driving lodging booking stage. The organization at present needs to raise subsidizing of Rs 8000 crore through First sale of stock which it will spend on market extension, mechanical venture, and brand notoriety building.
Oyo IPO Expected GMP 2023
Investors may trade the shares of Oyo in an unregulated market a few days before its IPO listing. Furthermore, the GMP price will offer valuable information about the Oyo IPO before it is officially listed. By effectively utilizing the GMP price, one can make predictions about the performance of the Oyo IPO in the near future. As the Oyo IPO has not been officially announced, there is no information available on the Oyo IPO Expected GMP. Investors should note that relying solely on the factor -“GMP” for investment decisions can be risky due to its volatility.
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Ques & Ans Related to OYO IPO Date 2023
When would ipo come?
November 2023.
What is the total fund Raise amount?
8430 Crore.
Is OYO coming with IPO?
The month of October is here to hit the Indian Stock Market with a bang! With more than 6 IPOs lined up, investors are informed to be aware of every momentum that takes place. One of the 6 major IPOs that will be going live this month is – Oravel Stays Ltd, popularly known as – OYO.