loader2
Partner With Us NRI

Oravel Stays Ltd (Oyo)

Price Range (₹)

-

Issue Size (₹ in Cr.)

-

Minimum Quantity

-

Bidding Period

-
Open An Account

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

About the Oravel Stays Ltd (Oyo)

The company is a leading, new-age technology platform empowering the large yet highly fragmented global hospitality ecosystem, according to RedSeer (Source: Company DRHP).

The business model helps Patrons transform fragmented, unbranded and underutilized hospitality assets into branded, digitally enabled storefronts with higher revenue generation potential and provides Customers with access to a broad range of high-quality storefronts at compelling price points.

As at March 31, 2021, the company had 157,344 storefronts across more than 35 countries listed on their platform.

Read More

Strengths

Scaled footprint with leadership in Core Growth Markets

As at September 9, 2021, the company 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. (Source: Company DRHP).

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 (Source: BrandZ India 2020 Report and Company DRHP).

Full-stack technology platform driving strong value proposition

The proprietary technology platform is highly differentiated and has been developed largely by their in-house engineering and product and design teams, rather than through an aggregation of products developed by external software vendors (Source: Company DRHP).

Risks

The COVID-19 pandemic and the measures taken by governments to curb its spread have adversely impacted the industry and business

The extent of the pandemic and its further impact on business, operations and financial performance is uncertain and cannot be predicted.

Maintaining and enhancing the brand and reputation is critical to growth

Negative publicity could damage the brand and thereby harm ability to compete effectively, and could materially and adversely affect business, results of operations and financial condition.

Financials

  • Net Worth
  • Revenue from Contract with Customers
  • Total borrowings
  • Restated Loss
  • Basic Loss per Share

Industry Trends

India and SEA are among the faster growing short-stay accommodation markets in the world : In 2019, the Short-stay Accommodation market sizes in India and SEA (which includes Indonesia, Malaysia, Singapore, Thailand, Philippines and Vietnam) were US$26 billion and US$56 billion, respectively. Before COVID-19 (2015 to 2019), the short-stay accommodation markets in India and SEA grew at 16.5% and 9.3% CAGR respectively, while the global short-stay accommodation market grew at 7.5% CAGR. (Source: Company RHP).

Opportunity for a digital platform helping merchants move from offline to online in the short stay accommodation market: Hotels are commercial establishments created specifically for the purpose of shortstay accommodation and typically house full-time employees in the premises; only 12% of hotels are organised. The remaining hotels are unorganised and are either unbranded or independent.

Subscription Status

Retail Individual Investor
Non-Institutional Investor
Qualified Institutional Buyers
Overall

Why invest in IPO through ICICIdirect

Paperless

Applications

Hassle-free

refunds

Convenient investments

within a few clicks
Multiple modes

of application

Follow 3 simple steps TO APPLY IPO

  • Directly from Bank A/c

    For ICICI Bank linked A/c

  • Using UPI

    For non ICICI Bank A/c

  • lock-in of 3 years
    Select IPO

    Go to the IPO section, select the IPO you want to apply from the list and click on ‘Apply’.

  • lock-in of 3 years
    Fill in the required details

    Fill in the quantity of the number of shares you want to buy. To apply at maximum price, check the cut-off price box and amount is auto calculated. If you want to apply at some other price within the price band, then you can enter the price manually by clicking on “Add bid” option.

  • lock-in of 3 years
    Confirm your request

    Click on proceed to confirm the order. You can view the placed order under “order book”.

stepstoapplyiponew1
stepstoapplyiponew2
stepstoapplyiponew3
  • lock-in of 3 years
    Select IPO

    Choose the IPO you want to apply from the list. Click on Apply.

  • lock-in of 3 years
    Fill in the required details

    Fill in the quantity of shares. To apply at maximum price, check the cut-off price box and amount is auto calculated. If you want to apply at some other price within the price band, then you can enter the price manually by clicking on “Add bid” option.

  • lock-in of 3 years
    Confirm your request

    Check the A/C, UPI details and click on proceed. You will get an UPI link by which payment can be made.

stepstoapplyiponew1
stepstoapplyiponew5
stepstoapplyiponew4

Features & Benefits ICICIdirect

Trusted by

75 lakh+

customers

45+

Investments & Liability Products

One Click

Investment Basket

Access to

Award-winnin
Download Our
Download App
Playstore Appstore
market app
 

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.