Oravel Stays Unlisted Share Description – OYO is a global platform that aims to empower entrepreneurs and small businesses with hotels and homes by providing full-stack technology products and services that aim to increase revenue and ease operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate over 157,000 hotel and home storefronts in more than 35 countries including India, Europe, and Southeast Asia.
OYO was started by 27-year-old Ritesh Agarwal, the first Asian resident to be accepted to the Thiel Fellowship (started by Paypal founder Peter Thiel).
OYO’s business model helps its patrons transform fragmented, unbranded, and underutilized hospitality assets into branded, digitally-enabled storefronts with higher revenue generation potential and provides its customers with access to a broad range of high-quality storefronts at compelling price points.
OYO’s comprehensive, full-stack technology suite integrates products and services across digital sign-up and onboarding, revenue management, daily business management, and D2C stacks into two flagship patron applications, Co-OYO and OYO OS.
OYO customers can book storefronts through OYO’s own D2C channels and indirect channels with third-party Online Travel Agencies (OTAs). The OYO App offers a variety of digital tools to guide customers throughout their journey, including discovery, seamless booking, pre-stay assistance, cancellations, digital check-ins as well as in-stay and post-stay services. OYO Wizard, OYO’s loyalty program, has 9.2 million members and is the second-largest loyalty program run by a travel or food brand in India, by subscriber base.
The IPO-bound travel tech start-up recorded over 150% growth in travel agency enrollment rate in the last financial year. Over 5,300 travel agencies worked with the company in FY23 compared to 2,100 in FY22.
Table of Contents
OYO Subsidiaries Companies
- OYO Hotels and Homes Private Limited
- OYO Apartment Investment LLP
- OYO OTH Investment LLP
- OYO Financial and Technology Services Pvt Ltd
- Oravel Employee Welfare Trust
- OYO Vacation Homes Rental LLC
- OYO Rooms and Hospitality (UK) Ltd
- Supreme Sai Construction and Developers LLP
- OYO Oravel Technology Company
- Guerrilla Infra Solutions Pvt Ltd
- OYO Midmarket Investment LLP, and more
OYO Customer Mobile Application
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Key Highlights
- The company has filed the Pre-filed draft red herring prospectus dated 30 March 2023 (Pre-filed DRHP) with the Securities and Exchange Board of India. However, OYO has withdrawn its IPO in May 2024 and is going for a private placement.
- OYO offers a huge variety of 8,50,000+ rooms in over 23,000 hotels in more than 800+ cities worldwide.
- OYO worked with over 5,300 travel agencies in FY 2022-23 compared to approximately 2,000 travel agencies in FY 2021-22.
- The company’s consolidated adjusted EBITDA improved significantly to INR 277.74 crore for FY 2022-23 as against an EBITDA loss of INR 471.25 crore in FY 2021-22.
- The company’s Gross Booking Value (GBV) increased by 18% from INR 8,100.96 crore in FY22 to INR 9,559.13 crore in FY23 driven by an increase in storefronts and GBV per storefront per month for both hotels and homes.
- The company’s Adjusted Gross Profit improved by 22.55% from INR 1,915.86 crore in FY22 to INR 2,347.91 crore in FY23. The company’s Adjusted Gross Profit Margin (as a percentage of GBV) was maintained at a healthy 25% in FY23.
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OYO Unlisted Share Details
Name | Oravel Stays Unlisted Share Details |
Face Value | INR 1 per share |
ISIN Code | INE561T01021 |
Lot Size | 500 shares |
Demat Status | NSDL, CDSL |
OYO Unlisted Share Price | INR 45 per share |
Market Cap | INR 5,977 crore |
Total number of shares | 1,328,123,967 shares |
Website | www.oyorooms.com |
Oravel Stays Board of Directors
- Ritesh Agarwal, Chairman & Non-Executive Director
- Aditya Ghosh, Non-Executive Director
- Bejul Somaia, Non-Executive & Independent Director
- Dr. Deepa Malik, Non-Executive & Independent Director
- Troy Alstead, Non-Executive & Independent Director
- Dr. William Steve Albrecht, Non-Executive & Independent Director
Oravel Stays Unlisted Share Details – Shareholding Pattern
Shareholding pattern of the company as of 31 March 2023:
Shareholder Name | % to Holding | No. of shares |
RA Hospitality Holdings (Cayman) | 43.93 | 583,400,000 |
Ritesh Agarwal | 39.30 | 521,910,000 |
SVF India Holdings (Cayman) | 1.76 | 23,360,000 |
Public Shareholdings | 15.01 | 19,94,53,967 |
OYO Unlisted Share Details – Financial Metrics
Particulars | FY 2021 | FY 2022 | FY 2023 |
Revenue | 3,961.65 | 4,781.36 | 5,463.95 |
Revenue Growth (%) | (69.91) | 20.69 | 14.28 |
Expenses | 6,937.07 | 6,985.32 | 6,799.70 |
Net income | (4,103.27) | (2,141.66) | (1,286.52) |
Margin (%) | (103.57) | (44.79) | (23.55) |
ROE (%) | (1.57) | (4.35) | (3.02) |
EBITDA (%) | (47.19) | (10.03) | 4.69 |
ROCE (%) | (1.57) | (4.34) | (3.01) |
EPS | (5.62) | (3.14) | (1.93) |
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OYO (Oravel Stays) Annual Reports
OYO Annual Report FY 2022 – 2023
OYO (Oravel Stays) Draft Red Herring Prospectus Nov 2022
OYO (Oravel Stays) Annual Report FY 2021 – 2022
Oravel Stays Unlisted Share Peer Comparison
Company | 3-yr Sales CAGR (%) | PE Ratio | Net Margin (%) | ROCE (%) | MCap (INR crore) |
OYO (Oravel Stays) | (25.41) | – | (23.55) | (3.01) | 5,977 |
Viceroy Hotels | 58.6 | 130.0 | 1.45 | 2.48 | 726 |
Country Club Hospitality & Holidays | 3.23 | – | 9.28 | (0.01) | 444 |
Oravel Stays Unlisted Share FAQs
Is it safe to purchase unlisted shares in India?
While there are risks associated with unlisted shares, purchases made from credible brokers and after conducting due diligence considerably lower these risks.
What is Oravel Stays unlisted share price?
OYO unlisted share price in July 2024 is INR 45 per share. Shares are purchased in lots of 500 shares.
Who determines the OYO share price?
The unlisted share price is determined by a variety of factors including recent transaction price, supply and demand, valuation in the latest funding round, profitability, and return ratios.
When is the Oravel Stays IPO planned?
The much-awaited IPO of OYO is likely to be launched in 2024 as the company has filed fresh offer documents with capital markets regulator Sebi.
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