IPO Dates
Important dates with respect to IPO allotment and listing
IPO Open Date
About Company
Started in 2012 as Oravel Stays and later rebranded as the OYO Hotels and Homes is one of the popular Indian startups. It entered India’s hospitality segment with fresh ideas that plan to provide an affordable and improved experience to every guest. This idea of introducing a hotel chain came to its founder Ritesh Agarwal in 2011 when he noticed the dearth of quality budget hotels across the length and breadth of India.
With his idea of bringing standardisation, he started OYO Hotels and Homes (then Oravel Stays). Following its debut, the company received funding from major venture capitals worldwide. In its 21 rounds of funding till 2021, OYO has garnered around $4.1 billion in funding. Some of the notable names in this list are SoftBank Group, Greenoaks Capital, Lightspeed India, and Sequoia Capital.
In these past 10 years, OYO has successfully extended its operations outside India in Japan, South-East Asia, the USA, and Europe. Simultaneously, its presence in India has grown manifolds.
OYO Hotels and Homes IPO Objectives
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To prepay or repay debts availed of by different subsidiaries.
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Support different organic and inorganic growth objectives.
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Meeting general corporate purposes.
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Carry out the offer for sale for participating stakeholders.
OYO Hotels and Homes – IPO Details
According to the DRHP filed by OYO Hotels and Homes with SEBI, the public issue is likely to be worth Rs. 8,430 crores. This will include an offer for sale of about Rs. 1,430 crores and a fresh issue equity share sale of Rs. 7,000 crores. Other details of this public issue, such as price band, market lot, and likes, have not been made public yet.
Moreover, the allocation for various shareholder segments is not available as well.
OYO Hotels and Homes has appointed the following as the book running lead managers of this IPO –
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ICICI Securities Limited
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Kotak Mahindra Capital Company Limited
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JM Financial Limited
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Citigroup Global Markets India Private Limited
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J.P. Morgan India Private Limited
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Deutsche Equities India Private Limited
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Nomura Financial Advisory and Securities (India) Private Limited
Apart from that, Link Intime India Private Limited is the registrar of this IPO.
Why Should I Invest in the OYO Hotels and Homes IPO?
Here are some reasons why you can consider investing in the initial public offering of OYO Hotels and Homes –
- The COVID-19 pandemic posed a significant financial challenge for the company and stretched its finances to limits. But, it has managed to recover from that position. With a new business approach, OYO Hotels and Homes are planning to trim its non-performing business portions and focus on generating greater returns.
- Microsoft has recently formed a partnership with OYO and invested a significant amount in developing an operating system. It will implement a SaaS service to aid businesses in the hospitality services to streamline their operations better.
- It still has the confidence of its stakeholders, even after recent legal and financial troubles, which is a sign of stability. It is always positive news.
- Lastly, the brand value of OYO is still a strong one and is expected to target a $10 billion valuation with this IPO.
IPO Financials
| Financial year | Profit After Tax | Total Assets | Total Income |
|---|---|---|---|
| March 2021 | Rs. 39,438.44 | Rs. 87,510.48 | Rs. 41,573.86 |
| March 2020 | Rs. 1,31,227.77 | Rs. 1,41,089.82 | Rs. 1,34,132.68 |
| March 2019 | Rs. 23,645.32 | Rs. 1,17,426.08 | Rs. 65,184.57 |
Know before investing
Strengths
4OYO’s expansion has been one to take note of. From one city of India to a vast network covering South-East Asia, Europe, and the USA. Based on the customer demands, the company has increased its network.
OYO’s expansion has been one to take note of. From one city of India to a vast network covering South-East Asia, Europe, and the USA. Based on the customer demands, the company has increased its network.
OYO Hotels and Homes have led the segment with its innovation. They were the pioneers of budget stays in India and implemented this concept successfully. Also, after the recent turbulence, they have devised a change in a business plan to save the company.
Risks
4Different brands are also entering this segment of budget hotels, which will bring strong competition to OYO.
Apart from their OYO Rooms, other ventures of the company did not bring enough success.
Since the base of OYO has been budget stays; the profit margins have consistently remained low.
The company has been in a tussle with hotel owners and other associated parties over the revenue share. This has also hampered its operations significantly.
- How to Apply in IPO
- How to Check IPO Allotment Status
Login to Angel One App / Website & click on IPO
Select desired IPO & tap on "Apply"
Enter UPI ID, set quantity/price & submit
Accept mandate on the UPI app to complete the process
OYO IPO FAQs
How to file an application for the public issue of OYO Hotels and Homes through the Angel One App?
Is it possible to apply for the public offering of OYO Hotels and Homes without using a UPI ID?
How to locate a UPI ID in the mobile app of Angel One?
I cannot find my UPI ID in the dropdown menu of the Angel One App when applying for this public issue of OYO Hotels and Homes. What is the reason?
Is it vital to accept a UPI mandate as soon as I get it?
How to accept a UPI mandate request for this IPO of OYO Hotels and Homes?
What is the nominal time required to block or unblock funds for an IPO subscription?
What is the minimum time needed to get a UPI mandate request following the submission of an IPO application?
I cannot bid for this OYO Hotels and Homes IPO using my existing UPI handle. What can be the reason?
I have approved the UPI mandate request of the public offering of OYO Hotels and Homes, but its status on the Angel One App is showing pending. What is the reason?
How to create a UPI ID through the BHIM app?
Is it possible to bid for this initial public offering of OYO Hotels and Homes using a bank account that is not linked with the Angel One app?
Is it possible to apply for the public issue of OYO Hotels and Homes using a current account?
Is it possible to apply for the IPO of OYO Hotels and Homes using a Hindu Undivided Family or HUF account?
Is it possible to apply for the public issue of OYO Hotels and Homes through my minor daughter’s account?
Can NRIs use the Angel One app to apply for this IPO of OYO Hotels and Homes?
Do I need to pay any extra charges to apply for this public issue of OYO Hotels and Homes using the Angel One platform?
Can I submit more than one bid for a public issue using a single PAN?
What is a cut-off price? Can I bid for an initial public offering at this price?
Even after submitting the final application for the IPO of OYO Hotels and Homes, the required funds are not debited yet. What is the reason?
How to ensure allotment for this OYO Hotels and Homes IPO?
- Applying at the cut-off price.
- Using a Demat Account linked with your PAN.
- Confirm that your bank account and UPI ID are linked through a single PAN, and failing to keep that can lead to rejection. For instance, person X has applied for the OYO Hotels and Homes IPO via his Demat Account but person Y’s UPI ID. In such cases, the application can get rejected due to – Person Y’s UPI ID is not linked with X’s PAN
Can I alter my IPO bid for the public issue of OYO Hotels and Homes after submitting the application?
What are the probable reasons behind the rejection of my IPO application for OYO Hotels and Homes?
- Failing to ensure that your Demat account, UPI ID, and bank account are connected with the same PAN.
- Entering an incorrect UPI PIN while approving the mandate
- If your PAN and your friend’s UPI ID are not connected.
- If your Demat account is not linked with your friend’s bank account.



