OYO Rooms IPO GMP - Oyo Grey Market Premium
Today we will talk about OYO Rooms IPO, a company backed by SoftBank Group and Airbnb, which is coming soon with its IPO. The company plans to raise around Rs 8430 crore through IPO. Know everything about OYO Rooms IPO - OYO Rooms IPO GMP (OYO Rooms Grey Market Premium), IPO Date, OYO Rooms IPO Review, All important dates, Benifits and Risk. We will update Gray Market Premium everyday. Also, all the information related to OYO Rooms IPO like price band, all dates, issue size and retail portion ,etc. Everything about OYO Rooms IPO is given below.
India's largest hotel-booking startup OYO Hotels & Homes filed its DRHP with market regulator SEBI (Securities and Exchange Board of India) for an initial public offering (IPO) of around ₹8,430 crores (about $1.1 billion). The company is looking to raise Rs 8,430 crore through an initial public offering (IPO). Where Rs 7,000 crore will be from fresh issues and the rest will be under OFS (Offer for Sale). In this IPO, shares worth Rs 1,430 crore will be sold through an offer for sale. The IPO of OYO Rooms will be listed on NSE and BSE. Although the price band, issue size, lot size has not been officially announced. The information given is on the basis of DRHP filed by OYO.
OYO is backed by SoftBank Group Corp and Airbnb which plans to raise around Rs 8430 crore through the sale of fresh shares through IPO. According to reports, OYO is the third most valuable startup in India. According to India's Ministry of Corporate Affairs, SoftBank holds a 46% stake in Oyo while the company's founder Ritesh Agarwal and his holding company held a 33% stake in the firm. We will talk about Oyo's financials, benefits, and risks of investing in the company. Also will discuss Oyo's business model and Oyo's IPO.
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What is OYO Rooms IPO GMP Today?
OYO Rooms IPO GMP is ₹0.
What is the OYO Rooms IPO Date?
OYO Rooms IPO date is not officially announced.
What is OYO Rooms IPO Expected Return?
OYO Rooms IPO Expected Returns is approx -%.
About OYO Rooms
The country's largest hotel booking chain was started by Ritesh Agarwal in 2012. Then the name of this startup was Oravel stays, through which hotels could be booked online. Initially, Oyo received funding of Rs 30 lakh from the venture nursery. Ritesh Agarwal received a grant of 100,00 dollar in 2013 as part of the Thief Fellowship (who started by Paypal founder Peter Thiel).
OYO Rooms wants to expand its business in China, UK, Malaysia, and Indonesia. When OYO was launched, it mainly included only budget hotels but today, hotels or homes or rooms are available for holidays in many countries like Malaysia, China, UK, Japan, Brazil, the Philippines, and America. Makes it Since its inception, the company has rapidly expanded globally.
The company's biggest shareholder with a 46.6%stake is SoftBank. The global Short Stay accommodation market is expected to reach $1.9 trillion by 2030.
OYO IPO Important Links
Website: OYO Rooms
DRHP: OYO Rooms DRHP
RHP: OYO Rooms IPO RHP
Purpose of the offer
- Prepayment or repayment of borrowings of some subsidiaries.
- Funding organic and inorganic growth initiatives like expanding storefront base, Increase user base, technology platform, and possible acquisitions.
- The company wants to be able to reap the benefits of listing the shares on the stock exchanges.
OYO Rooms GMP Today (Grey Market Premium)
[!Note:- OYO Rooms IPO GMP not started yet.]
| DATE | GMP | KOSTAK | Subject to Sauda |
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| November | ₹ | ₹ | ₹ |
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| November | ₹ | ₹ | ₹ |
| November | ₹ | ₹ | ₹ |
| November | ₹ | ₹ | ₹ |
OYO Rooms IPO Date and Price Band Details
OYO Rooms IPO open date: November 2021, Closing date: November 2021, and Listing date: November 2021. The price band of OYO Rooms IPO is ₹- to ₹- per share. OYO Rooms IPO issue size is Rs 8,430 crores. OYO Rooms Ipo retails portion is -%, QIB Portion is -%, and NII Portion -%.
| IPO Open: | November 2021 |
| IPO Close: | November 2021 |
| Listing Date: | November 2021 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹8430 Cr. |
| Fresh Issue: | Approx ₹7000 cr. |
| Offer For Sale: | Approx ₹1430 Cr. |
| Price Band: | ₹- to ₹- per share |
| Face Value: | ₹10 / Equity share |
| PE: | -- |
| Equity: | -- Shares |
| Retail Portion: | -% |
OYO Rooms IPO Market Lot & Size
OYO Rooms IPO's minimum lot size is - shares with ₹- application amount and the maximum lot size is - shares with ₹- application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | Shares |
| Minimum Amount: | ₹- |
| Maximum Lot: | To be Updated |
| Maximum Lot Size: | Shares |
| Maximum Amount: | ₹- |
OYO Rooms IPO Allotment & Listing Date
| Ipo Opening Date: | November 2021 |
| IPO Closing Date: | November 2021 |
| Basis of Allotment: | November 2021 |
| Refund Date: | November 2021 |
| Credit to Demat Account: | November 2021 |
| Listing Date: | November 2021 |
OYO Rooms IPO Review
HappiestPost View: To be updated.
Anil Singhvi Review: To be updated.
Brokerage Firm IPO Reviews
- Motilal Oswal: To be updated
- ICICI Securities: To be updated
- Capital Market: To be updated
- Ventura Securities Limited: To be updated
- GEPL Capital Ltd: To be updated soon
[ ! Note:- Not Rated Yet ]Updated Soon
OYO Rooms Ipo Review
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- This type of company is not listed yet, if this sector grows then it can be very beneficial for investors.
- OYO's Presence is not only in India but in many countries. Oyo has over 1.5 lakh storefronts in 35+ countries. According to reports, Oyo is the largest player in terms of hotel storefronts in India and South East Asia.
- The full-stack technology platform is driving a strong value proposition for its patrons and customers.
- OYO has a high level of engagement with its patrons and its customer community which is beneficial for customer satisfaction.
- OYO has a strong network of influences not only in the country but also abroad.
- OYO is a growing hotel booking chain that has made online hotel booking easier and cheaper.
- OYO has emerged as a strong and trusted consumer brand. As soon as the world emerges from Kovid-19 and travel and tourism resumes, then Oyo will benefit greatly.
Risks
- The hospitality industry has been hit hard due to the continuing impact of the COVID-19 pandemic on the travel industry.
- If OYO has incurred losses almost every year since its inception, if we look at the company's financials, it has to be seen whether the company is able to emerge from its losses and make a profit.
- The company should avoid any negative news or publicity that can tarnish the image of the brand.
- So far the company has failed to continue the innovation and development of its platform.
- The company is not profitable yet, if it is not making a profit in near future then investing in it can be risky.
- Reliance on third-party distributors, including travel management companies, to market and distribute their storefronts.
- The ongoing legal dispute between OYO and Zostel Hospitality may affect OYO's business or IPO.
- If the travel industry is affected due to any reason, then the consequences of it can be suffered by the business of Oyo, which is a risk.
- The company faces a lot of competition from other players like MakeMyTrip, Trivago, and others, hotel chains like Treebo, Lemontree, and even companies like IRCTC who all are looking to grab a pie of the affordable short stay market in India.
OYO Rooms Financials
OYO Rooms Financials (in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2019 | ₹11,743 | ₹6518 | -₹2294 |
| 2020 | ₹14,109 | ₹13413 | -₹11080 |
| 2021 | ₹8,751 | ₹4157 | -₹4102 |
Investors
The OYO has many Investors:
- Softbank group
- Didi Chuxing
- Greenock Capital
- Sequoia India
- Lightspeed India
- Hero Enterprise
- Airbnb
- China Lodging Group
Promotors
The promoters of the company are:
- Ritesh Agarwal (Founder)
- Others
Contact Details of OYO Rooms
Email: press@oyorooms.com
Lead Managers
- Kotak Mahindra Capital
- Citigroup
- ICICI Securities
- J. P. Morgan India Private Limited
- Nomura
- JM financials Limited
Conclusion
OYO is India's largest hotel booking chain with no peers listed in the stock market yet. Investing in oyo can prove to be a good opportunity for you. However the company is not profitable yet and there is a big question whether it will be able to make profit in the coming time or not. Investors taking high risk can invest in this IPO or for listing gains. You should do more research and analysis about this company before investing. OYO is a very well known brand in India and many people are eagerly waiting for this IPO.
OYO Rooms IPO FAQs
What is OYO Rooms IPO GMP Today?
OYO Rooms IPO GMP is ₹100 as of today.
What is OYO Rooms IPO Opening Date?
OYO Rooms IPO Opening date is December 2021.
What is OYO Rooms IPO Closing Date?
OYO Rooms IPO Closing date is December 2021.
What is OYO Rooms IPO Listing Date?
OYO Rooms IPO Date is December 2021.
What is OYO Rooms IPO Kostak Rate?
OYO Rooms IPO Kostak rate is ₹300.
What is OYO Rooms IPO Expected Returns?
OYO Rooms IPO Expected Returns is 20%.
Read More:
For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.
How to Apply the OYO Rooms Ltd IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO name "OYO Rooms".
4. Then, Click on Bid Button.
5. Then, Enter your UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
!Note:- OYO IPO official details not yet announced. We will update you when the final details of the OYO IPO are announced. As of today, the IPO Gray Market Premium (OYO IPO GMP) has not started. You can visit our page for daily OYO IPO grey market premium and Other important updates.
Disclaimer
(i). We are not involved in grey market trading in any way. And do not provide the facility to buy or sell IPO form of any IPOs.
(ii). Reference to IPO Gray Market Premium (IPO GMP) is valid only for the date specified in the header, we are not involved in the buy or sell of IPO form.
(iii). Do not decide to subscribe to an IPO solely on the basis of GMP (Grey market premium), as this may change at any time prior to listing. Do research about the fundamentals and financial details of companies before subscribing.
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